As of today (2024-04-18), JetBlue Airways's share price is $7.11. JetBlue Airways's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.81. Hence, JetBlue Airways's Price to Tangible Book Ratio of today is 0.81.
The historical rank and industry rank for JetBlue Airways's Price-to-Tangible-Book or its related term are showing as below:
JBLU'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.63 Med: 1.27 Max: 2.27
Current: 0.81
During the past 13 years, JetBlue Airways's highest Price to Tangible Book Ratio was 2.27. The lowest was 0.63. And the median was 1.27.
JBLU's Price-to-Tangible-Book is ranked better than 75.57% of 880
companies
in the Transportation industry
Industry Median: 1.4
vs JBLU: 0.81
A closely related ratio is called PB Ratio. As of today, JetBlue Airways's share price is $7.11. JetBlue Airways's Book Value per Sharefor the quarter that ended in Dec. 2023 was $9.84. Hence, JetBlue Airways's P/B Ratio of today is 0.72.
JetBlue Airways Price-to-Tangible-Book Historical Data
The historical data trend for JetBlue Airways'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.
JetBlue Airways Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
1.16
1.25
1.28
0.65
0.63
JetBlue Airways Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Price-to-Tangible-Book
0.65
0.78
0.92
0.50
0.63
Competitive Comparison
For the Airlines subindustry, JetBlue Airways'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.
JetBlue Airways Price-to-Tangible-Book Distribution
For the Transportation industry and Industrials sector, JetBlue Airways's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where JetBlue Airways's Price-to-Tangible-Book falls into.
* 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.
JetBlue Airways Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of JetBlue Airways's Price-to-Tangible-Book 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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