Westjet Airlines (Westjet Airlines) Price-to-Tangible-Book : 0.76 (As of May. 05, 2024)

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What is Westjet Airlines Price-to-Tangible-Book?

As of today (2024-05-05), Westjet Airlines's share price is $11.00. Westjet Airlines's Tangible Book per Share of Sep. 2019 for the quarter that ended in Sep. 2019 was $14.51. Hence, Westjet Airlines's Price to Tangible Book Ratio of today is 0.76.

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

WJAVF's Price-to-Tangible-Book is not ranked ^*
in the Transportation industry.
Industry Median: 1.41
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Westjet Airlines's share price is $11.00. Westjet Airlines's Book Value per Sharefor the quarter that ended in Sep. 2019 was $14.79. Hence, Westjet Airlines's P/B Ratio of today is 0.74.

Westjet Airlines Price-to-Tangible-Book Historical Data

The historical data trend for Westjet Airlines'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.

Westjet Airlines Price-to-Tangible-Book Chart

Westjet Airlines Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Price-to-Tangible-Book

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2.46

1.31

Westjet Airlines Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Westjet Airlines's Price-to-Tangible-Book

For the Airlines subindustry, Westjet Airlines'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.

Westjet Airlines's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Westjet Airlines's Price-to-Tangible-Book distribution charts can be found below:

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

Westjet Airlines Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2019 )
	=	11.00	/	14.506
	=	0.76

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Westjet Airlines Price-to-Tangible-Book Related Terms

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Westjet Airlines (Westjet Airlines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Westjet Airlines Ltd (OTCPK:WJAVF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Aerial Place N.E., Calgary, AB, CAN, T2E 3J1

Website

http://www.westjet.com

WestJet is a Canadian airline based in Calgary, Alberta. WestJet operates WestJet Vacations, which provides air, hotel, car, and excursion packages and in 2013 launched WestJet Encore, a regional airline that operates Q400 turboprops, servicing smaller destinations. It also plans to launch an ultra-low-cost carrier (branded Swoop) in 2018. WestJet services over 100 destinations in North America, Central America, the Caribbean, and Europe. The carrier generated roughly CAD 4.5 billion in revenue in 2017.