Jazeera Airways Co KSC (KUW:JAZEERA) Price-to-Tangible-Book : 9.91 (As of Apr. 27, 2024)

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What is Jazeera Airways Co KSC Price-to-Tangible-Book?

As of today (2024-04-27), Jazeera Airways Co KSC's share price is KWD1.15. Jazeera Airways Co KSC's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was KWD0.12. Hence, Jazeera Airways Co KSC's Price to Tangible Book Ratio of today is 9.91.

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

KUW:JAZEERA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.74 Med: 5.58 Max: 12.12
Current: 9.58

During the past 13 years, Jazeera Airways Co KSC's highest Price to Tangible Book Ratio was 12.12. The lowest was 2.74. And the median was 5.58.

KUW:JAZEERA's Price-to-Tangible-Book is ranked worse than
94.43% of 880 companies
in the Transportation industry
Industry Median: 1.42 vs KUW:JAZEERA: 9.58

A closely related ratio is called PB Ratio. As of today, Jazeera Airways Co KSC's share price is KWD1.15. Jazeera Airways Co KSC's Book Value per Sharefor the quarter that ended in Dec. 2023 was KWD0.12. Hence, Jazeera Airways Co KSC's P/B Ratio of today is 9.91.

Jazeera Airways Co KSC Price-to-Tangible-Book Historical Data

The historical data trend for Jazeera Airways Co KSC'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.

Jazeera Airways Co KSC Price-to-Tangible-Book Chart

Jazeera Airways Co KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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5.46

12.12

9.42

11.45

11.97

Jazeera Airways Co KSC 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	Get a 7-Day Free Trial															11.45	14.60	12.86	9.70	11.97

Competitive Comparison of Jazeera Airways Co KSC's Price-to-Tangible-Book

For the Airlines subindustry, Jazeera Airways Co KSC'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.

Jazeera Airways Co KSC's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jazeera Airways Co KSC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jazeera Airways Co KSC's Price-to-Tangible-Book falls into.

Jazeera Airways Co KSC Price-to-Tangible-Book Calculation

Jazeera Airways Co KSC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.15	/	0.116
	=	9.91

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.

Jazeera Airways Co KSC Price-to-Tangible-Book Related Terms

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

Jazeera Airways Co KSC (KUW:JAZEERA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jazeera Airways Co KSC (KUW:JAZEERA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kuwait international Airport, P.O. Box 29288, Safat, Kuwait City, KWT, 13153

Website

https://www.jazeeraairways.com

Jazeera Airways Co KSC is a Kuwait-based company which is involved in the business of air transportation and commercial passenger services. The company serves its customer by providing air transportation services including people air transportation, cargo, goods and mails, and aircraft-related services. In addition, the company also provides technical support, handling, and maintenance of aircraft, customs brokerage services, and the establishment of aircraft service stations, warehouses, hangars, workshops, factories, machinery, devices, and equipment. It operates a fleet of Airbus A320 aircraft with two-class cabins and serves around 19 destinations across the Middle East. The company generates the majority of its revenue from passenger transportation activity.

Jazeera Airways Co KSC (KUW:JAZEERA) Headlines

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