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SAVEQ (Spirit Airlines) Price-to-Tangible-Book : 0.08 (As of Jul. 08, 2025)


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

As of today (2025-07-08), Spirit Airlines's share price is $0.465. Spirit Airlines's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was $5.84. Hence, Spirit Airlines's Price to Tangible Book Ratio of today is 0.08.

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

SAVEQ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.08   Med: 1.43   Max: 4.18
Current: 0.08

During the past 13 years, Spirit Airlines's highest Price to Tangible Book Ratio was 4.18. The lowest was 0.08. And the median was 1.43.

SAVEQ's Price-to-Tangible-Book is ranked better than
99.34% of 910 companies
in the Transportation industry
Industry Median: 1.415 vs SAVEQ: 0.08

A closely related ratio is called PB Ratio. As of today, Spirit Airlines's share price is $0.465. Spirit Airlines's Book Value per Sharefor the quarter that ended in Mar. 2025 was $6.61. Hence, Spirit Airlines's P/B Ratio of today is 0.07.


Spirit Airlines Price-to-Tangible-Book Historical Data

The historical data trend for Spirit 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.

Spirit Airlines Price-to-Tangible-Book Chart

Spirit Airlines Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.12 1.35 1.58 -

Spirit Airlines Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 0.50 0.52 - 0.08

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

For the Airlines subindustry, Spirit 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.


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

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

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


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Spirit Airlines Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2025 )
=0.465/5.843
=0.08

* 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.


Spirit Airlines Price-to-Tangible-Book Related Terms

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


Spirit Airlines Business Description

Traded in Other Exchanges
Address
1731 Radiant Drive, Dania Beach, FL, USA, 33004
Spirit Aviation Holdings Inc is committed to safely delivering the best value in the sky by offering an enhanced travel experience with flexible, affordable options. Spirit serves destinations throughout the United States, Latin America and the Caribbean with its all-Airbus Fit Fleet, one of the youngest and most fuel-efficient fleets in the U.S. Discover elevated travel options with exceptional value.
Executives
Mark B Dunkerley director
Brian J. Mcmenamy officer: VP & Controller C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
H. Mcintyre Gardner director C/O SPIRIT AIRLINES, 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Melinda C Grindle officer: SVP & CHRO C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Christine P Richards director 942 SOUTH SHADY GROVE ROAD, MEMPHIS TN 38120
John A. Bendoraitis officer: EVP and COO C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Barclay G Jones director 50 ROCKEFELLER PLZ, 2ND FLOOR, NEW YORK NY 10020
Rocky Wiggins officer: SVP and CIO C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Thomas C Canfield officer: SVP, GC & Secretary C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Christie Edward M Iii officer: Chief Financial Officer S/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Myrna Soto director ONE ENERGY PLAZA, JACKSON MI 49201
Robert D Johnson director HONEYWELL, 1944 E SKY HARBOR CIRCLE, PHOENIX AZ 85034
Laurie Villa officer: SVP and CHRO C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Kevin Blake Vanier officer: VP of FP & A C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Matthew H Klein officer: SVP and CCO C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025