Alaska Air Group (Alaska Air Group) Price-to-Tangible-Book

: 2.71 (As of Today)

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As of today (2024-04-19), Alaska Air Group's share price is $44.77. Alaska Air Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $16.50. Hence, Alaska Air Group's Price to Tangible Book Ratio of today is 2.71.

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

ALK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.37 Med: 3.96 Max: 12.81
Current: 2.71

During the past 13 years, Alaska Air Group's highest Price to Tangible Book Ratio was 12.81. The lowest was 2.37. And the median was 3.96.

ALK's Price-to-Tangible-Book is ranked worse than
73.75% of 880 companies
in the Transportation industry
Industry Median: 1.39 vs ALK: 2.71

A closely related ratio is called PB Ratio. As of today, Alaska Air Group's share price is $44.77. Alaska Air Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $32.62. Hence, Alaska Air Group's P/B Ratio of today is 1.37.

Alaska Air Group Price-to-Tangible-Book Historical Data

The historical data trend for Alaska Air Group'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.

Alaska Air Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

3.68

6.89

3.73

3.08

2.37

Alaska Air Group 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																3.08	3.23	3.54	2.29	2.37

Competitive Comparison

For the Airlines subindustry, Alaska Air Group'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.

Alaska Air Group Price-to-Tangible-Book Distribution

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

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

Alaska Air Group Price-to-Tangible-Book Calculation

Alaska Air Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	44.77	/	16.496
	=	2.71

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.

Alaska Air Group Price-to-Tangible-Book Related Terms

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

Alaska Air Group (Alaska Air Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Alaska Air Group Inc (NYSE:ALK) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ALK:Germany ALK:Germany

Address

19300 International Boulevard, Seattle, WA, USA, 98188

Website

https://www.alaskaair.com

Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.

Executives

Benito Minicucci	officer: EXEC VP/OPS AND COO	C/O ALASKA AIRLINES, INC., 19300 INTERNATIONAL BLVD SO, SEATTLE WA 98188
Jason M Berry	officer: President, Horizon Air	C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD., SEATTLE WA 98188
J Kenneth Thompson	director	ALASKA AIR GROUP, 19300 PACIFIC HIGHWAY SOUTH, SEATTLE WA 98188
Andrea L Schneider	officer: VP PEOPLE	ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Andrew R Harrison	officer: VP/PLNG & REV MGMT	C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Shane R Tackett	officer: SR VP REV/E-COMMERCE	C/O ALASKA AIRLINES, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Dhiren R. Fonseca	director	C/O NORTHWEST RETAIL PARTNERS, LTD., 224 WESTLAKE AVE N, SUITE 500, SEATTLE WA 98109
Adrienne Rochelle Lofton	director	C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Daniel Kevin Elwell	director	C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Knight Jessie J Jr	director	4329 FOX BROOK LANE, CHARLOTTE NC 28211
Susan J Li	director	ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Helvi Kay Sandvik	director	C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
James A Beer	director	MCKESSON CORPORATION, ONE POST STREET, SAN FRANCISCO CA 94104
Raymond L. Conner	director	ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Kathleen T Hogan	director	C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399