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The following section summarizes insights on AIA Group Ltd's Book Value / Market Cap:
We've identified the following companies as similar to AIA Group Ltd because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Book Value / Market Cap in the valuation category include:
Compares a firm's common equity listed on the balance to the market value of equity.
Book Value / Market Cap is defined as:
Common Equity
(/) Market Cap
(=) Book / Market
Applying this formula, AIA’s Book Value / Market Cap is calculated below:
Common Equity [ $39.365 B ]
(/) Market Cap [ $84.315 B ]
(=) Book / Market [ 0.47x ]
Book Value of Equity is taken from the Balance Sheet and is calculated at cost while Market Capitalization is calculated by using the last observed trading price. Generally, a company is undervalued if its book value to equity value ratio is above 1 and may be overvalued when below 1.
The tables below summarizes the trend in AIA’s Book Value / Market Cap over the last five years:
| Date | Book Value | Market Cap | B/M Ratio |
|---|---|---|---|
| 2019-12-31 | $54.947 B | $126.5 B | 0.43 |
| 2020-12-31 | $63.2 B | $147.9 B | 0.43 |
| 2021-12-31 | $60.467 B | $121.6 B | 0.50 |
| 2022-12-31 | $44.672 B | $130.1 B | 0.34 |
| 2023-12-31 | $41.111 B | $98.683 B | 0.42 |
Read more about common equity and market cap
The chart above depicts the distribution of Book Value / Market Cap for companies operating in the Financials Sector in the Developed economic region. Over 2,950 companies were considered in this analysis, and 2,842 had meaningful values. The average Book Value / Market Cap of companies in the Sector is 1.0x with a standard deviation of 1.0x. Please note that Sector and Industry values may differ from other sources, as no adjustments have been made.
AIA Group Ltd's Book Value / Market Cap of 0.5x ranks in the 28.4% percentile for the Sector. The following table provides additional summary stats:
| Economic Risk Region | Developed |
| Total Constituents | 2,959 |
| Included Constituents | 2,842 |
| Min | -0.7x |
| Max | 5.8x |
| Median | 0.9x |
| Mean | 1.0x |
| Standard Deviation | 1.0x |
You can find companies with similar Book Value / Market Cap using this stock screener.