This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Alaska Air Group's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $81.72. Alaska Air Group's 10-Year median PS Ratio is 1.1714. Therefore, the Median PS Value for today is $95.73.
As of today (2024-04-23), Alaska Air Group's share price is $45.10. Alaska Air Group's Median PS Value is $95.73. Therefore, Alaska Air Group's Price to Median PS Value for today is 0.47.
The historical rank and industry rank for Alaska Air Group's Median PS Value or its related term are showing as below:
ALK'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.41 Med: 1.24 Max: 3.41
Current: 0.47
During the past 13 years, the highest Price to Median PS Value of Alaska Air Group was 3.41. The lowest was 0.41. And the median was 1.24.
ALK's Price-to-Median-PS-Value is ranked better than 85.08% of 583
companies
in the Transportation industry
Industry Median: 0.98
vs ALK: 0.47
Alaska Air Group Median PS Value Historical Data
The historical data trend for Alaska Air Group's Median PS Value 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.
For the Airlines subindustry, Alaska Air Group's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Alaska Air Group Price-to-Median-PS-Value Distribution
For the Transportation industry and Industrials sector, Alaska Air Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Alaska Air Group's Price-to-Median-PS-Value falls into.
Alaska Air Group Median PS Value Calculation
Alaska Air Group's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.1714.
Alaska Air Group's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $81.72.
* 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.
Alaska Air Group (NYSE:ALK) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Alaska Air Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
45.10
/
95.73
=
0.47
* 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.
Alaska Air Group Median PS Value Related Terms
Thank you for viewing the detailed overview of Alaska Air Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Alaska Air Group (Alaska Air Group) Business Description
Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.
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