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Allegiant Travel Company, LLC. (NAS:ALGT)
P/B Ratio
5.70 (As of Today)

As of today, Allegiant Travel Company, LLC.'s share price is $115.86. Allegiant Travel Company, LLC.'s Book Value per Share for the quarter that ended in Dec. 2013 was $20.22. Hence, Allegiant Travel Company, LLC.'s P/B Ratio of today is 5.70.

Warning Sign:

Allegiant Travel Company, LLC. stock P/B Ratio (=5.73) is close to 10-year high of 5.73

ALGT' s 10-Year P/B Ratio Range
Min: 1.66   Max: 5.73
Current: 5.7

1.66
5.73

During the past 12 years, Allegiant Travel Company, LLC.'s highest P/B Ratio was 5.73. The lowest was 1.66. And the median was 3.20.

ALGT's P/B Ratiois ranked higher than
54% of the 112 Companies
in the Global Airlines industry.

( Industry Median: 1.42 vs. ALGT: 5.70 )

Allegiant Travel Company, LLC.'s Book Value per Share for the quarter that ended in Dec. 2013 was $20.22.

During the past 12 months, Allegiant Travel Company, LLC.'s average Book Value Per Share Growth Rate was -2.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 35.50% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Allegiant Travel Company, LLC. was 444.20% per year. The lowest was 8.90% per year. And the median was 19.60% per year.


Definition

Allegiant Travel Company, LLC.'s P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (Q: Dec. 2013 )
=115.86/20.22
=5.73

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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

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


Explanation

Unlike valuation ratios relative to the earning power such as P/E ratio, P/S ratio or Price-to-Free-Cash-Flow ratio, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


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.


Related Terms

Book Value per Share, Market Cap, Total Equity, Preferred Stock, P/E ratio, P/S ratio, Price-to-Free-Cash-Flow ratio, Price-to-Tangible-Book Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Allegiant Travel Company, LLC. Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
pb 0.000.003.483.174.223.213.142.903.545.21

Allegiant Travel Company, LLC. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
pb 2.652.902.793.322.893.544.134.704.945.21
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