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Jet2 (AQSE:JET2) Price-to-Tangible-Book : 1.91 (As of Apr. 27, 2024)


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What is Jet2 Price-to-Tangible-Book?

As of today (2024-04-27), Jet2's share price is £13.995. Jet2's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £7.33. Hence, Jet2's Price to Tangible Book Ratio of today is 1.91.

The historical rank and industry rank for Jet2's Price-to-Tangible-Book or its related term are showing as below:

AQSE:JET2' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.12   Med: 1.94   Max: 3.54
Current: 1.93

During the past 13 years, Jet2's highest Price to Tangible Book Ratio was 3.54. The lowest was 1.12. And the median was 1.94.

AQSE:JET2's Price-to-Tangible-Book is ranked better than
50% of 664 companies
in the Travel & Leisure industry
Industry Median: 1.93 vs AQSE:JET2: 1.93

A closely related ratio is called PB Ratio. As of today, Jet2's share price is £13.995. Jet2's Book Value per Sharefor the quarter that ended in Sep. 2023 was £7.45. Hence, Jet2's P/B Ratio of today is 1.88.


Jet2 Price-to-Tangible-Book Historical Data

The historical data trend for Jet2's Price-to-Tangible-Book 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.

* Premium members only.

Jet2 Price-to-Tangible-Book Chart

Jet2 Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 1.37 2.88 2.81 2.94

Jet2 Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.17 2.81 1.22 2.94 1.46

Competitive Comparison of Jet2's Price-to-Tangible-Book

For the Travel Services subindustry, Jet2's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Jet2's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jet2's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jet2's Price-to-Tangible-Book falls into.



Jet2 Price-to-Tangible-Book Calculation

Jet2's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=13.995/7.329
=1.91

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Jet2 Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Jet2's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Jet2 (AQSE:JET2) Business Description

Traded in Other Exchanges
Address
Low Fare Finder House, Leeds Bradford Airport, Leeds, GBR, LS19 7TU
Jet2 PLC provides licensed packages for leisure flights and stays at a multitude of vacation destinations. The company reports in one operating segment: leisure travel. The leisure travel segment delivers scheduled flights by its airline, Jet2.com, to the Mediterranean, Canary Islands, and other European vacation destinations. It utilizes licensed package holidays by its tour operator, Jet2holidays, to offer hotel accommodations and other useful amenities. It revenue through Package holidays and operates mainly in United Kingdom.

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