China Southern Airlines (600029.SS)

P/B ratio as of March 2026 : 2.09

According to China Southern Airlines 's latest financial reports the company has a price-to-book ratio of 0.616547.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

China Southern Airlines - P/B ratio (from 2021 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	2.87	39.77%
2024-12-31	2.06	17.12%
2023-12-31	1.75	-20.94%
2022-12-31	2.22	82.21%
2021-12-31	1.22
2020-12-31	N/A
2019-12-31	N/A
2018-12-31	N/A
2017-12-31	N/A
2016-12-31	N/A
2015-12-31	N/A
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	N/A
2011-12-31	N/A
2010-12-31	N/A
2009-12-31	N/A
2008-12-31	N/A
2007-12-31	N/A
2006-12-31	N/A
2005-12-31	N/A
2004-12-31	N/A
2003-12-31	N/A
2002-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Delta Air Lines DAL	2.03	-2.82%	🇺🇸 USA
United Airlines Holdings UAL	1.87	-10.49%	🇺🇸 USA
China Eastern Airlines 600115.SS	2.50	19.80%	🇨🇳 China

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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China Southern Airlines (600029.SS) - P/B ratio