Alaska Air Group (LTS:0HC3) PB Ratio : 1.76 (As of Dec. 14, 2024)

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What is Alaska Air Group PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-14), Alaska Air Group's share price is $62.61. Alaska Air Group's Book Value per Share for the quarter that ended in Sep. 2024 was $35.51. Hence, Alaska Air Group's PB Ratio of today is 1.76.

The historical rank and industry rank for Alaska Air Group's PB Ratio or its related term are showing as below:

LTS:0HC3' s PB Ratio Range Over the Past 10 Years
Min: 0.67 Med: 2.05 Max: 4.72
Current: 1.74

During the past 13 years, Alaska Air Group's highest PB Ratio was 4.72. The lowest was 0.67. And the median was 2.05.

LTS:0HC3's PB Ratio is ranked worse than
63.12% of 930 companies
in the Transportation industry
Industry Median: 1.32 vs LTS:0HC3: 1.74

During the past 12 months, Alaska Air Group's average Book Value Per Share Growth Rate was 10.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alaska Air Group was 25.00% per year. The lowest was -21.50% per year. And the median was 10.00% per year.

Back to Basics: PB Ratio

Alaska Air Group PB Ratio Historical Data

The historical data trend for Alaska Air Group's PB Ratio 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 PB Ratio Chart

Alaska Air Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.92

2.16

1.72

1.41

1.20

Alaska Air Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															1.16	1.20	1.36	1.20	1.27

Competitive Comparison of Alaska Air Group's PB Ratio

For the Airlines subindustry, Alaska Air Group's PB Ratio, along with its competitors' market caps and PB Ratio 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's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Alaska Air Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alaska Air Group's PB Ratio falls into.

Alaska Air Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Alaska Air Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	62.61	/	35.512
	=	1.76

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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

Alaska Air Group (LTS:0HC3) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB 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 PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Alaska Air Group PB Ratio Related Terms

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Alaska Air Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Alaska Air Group Inc (LTS:0HC3) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ALK:USA ALK:Germany ALK:Germany A1LK34:Brazil

Address

1930 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.

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