JetBlue Airways's book value per share for the quarter that ended in Dec. 2023 was $9.84.
During the past 12 months, JetBlue Airways's average Book Value Per Share Growth Rate was -9.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -9.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of JetBlue Airways was 22.20% per year. The lowest was -13.80% per year. And the median was 8.40% per year.
JetBlue Airways's current price is $5.91. Its book value per share for the quarter that ended in Dec. 2023 was $9.84. Hence, today's PB Ratio of JetBlue Airways is 0.60.
During the past 13 years, the highest P/B Ratio of JetBlue Airways was 3.03. The lowest was 0.38. And the median was 1.23.
JetBlue Airways Book Value per Share Historical Data
The historical data trend for JetBlue Airways's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of JetBlue Airways's Book Value per Share
For the Airlines subindustry, JetBlue Airways's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
JetBlue Airways's PB Ratio Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, JetBlue Airways's PB Ratio distribution charts can be found below:
* The bar in red indicates where JetBlue Airways's PB Ratio falls into.
JetBlue Airways Book Value per Share Calculation
JetBlue Airways's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
JetBlue Airways (NAS:JBLU) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
JetBlue Airways Book Value per Share Related Terms
Thank you for viewing the detailed overview of JetBlue Airways's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
JetBlue Airways (JetBlue Airways) Business Description
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.
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