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ULCC (Frontier Group Holdings) PB Ratio : 2.65 (As of Dec. 12, 2024)


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What is Frontier Group Holdings 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 (2024-12-12), Frontier Group Holdings's share price is $6.48. Frontier Group Holdings's Book Value per Share for the quarter that ended in Sep. 2024 was $2.45. Hence, Frontier Group Holdings's PB Ratio of today is 2.65.

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

ULCC' s PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 4.53   Max: 20.99
Current: 2.64

During the past 9 years, Frontier Group Holdings's highest PB Ratio was 20.99. The lowest was 1.34. And the median was 4.53.

ULCC's PB Ratio is ranked worse than
79.74% of 928 companies
in the Transportation industry
Industry Median: 1.33 vs ULCC: 2.64

During the past 12 months, Frontier Group Holdings's average Book Value Per Share Growth Rate was -0.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.40% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Frontier Group Holdings was 16.60% per year. The lowest was -11.50% per year. And the median was 6.90% per year.

Back to Basics: PB Ratio


Frontier Group Holdings PB Ratio Historical Data

The historical data trend for Frontier Group Holdings'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.

Frontier Group Holdings PB Ratio Chart

Frontier Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only - - 5.56 4.40 2.40

Frontier Group Holdings 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 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 1.98 2.40 3.75 2.13 2.19

Competitive Comparison of Frontier Group Holdings's PB Ratio

For the Airlines subindustry, Frontier Group Holdings'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.


Frontier Group Holdings's PB Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Frontier Group Holdings's PB Ratio falls into.



Frontier Group Holdings 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.

Frontier Group Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=6.48/2.445
=2.65

* 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 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.


Frontier Group Holdings  (NAS:ULCC) 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.


Frontier Group Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of Frontier Group Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontier Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
4545 Airport Way, Denver, CO, USA, 80239
Frontier Group Holdings Inc is an ultra-low-cost carrier whose business is focused on Low Fares Done Right. The company owns a fleet of 120 Airbus single-aisle aircraft, consisting of 13 A320ceos, 82 A320neos, 21 A321ceos and 4 A321neos. The use of these aircraft, their seating configuration, weight-saving tactics, and baggage process have all contributed to the ability to continue to be the fuel-efficient of all the U.S. The Company is managed as a single business unit that provides air transportation for passengers.
Executives
Josh T. Connor director C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Josh A Wetzel officer: VP & CAO C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80239
Barry Biffle director, officer: See Remarks C/O SPIRIT AIRLINES, 2800 EXECUTIVE WAY, MIRAMAR FL 30325
James G. Dempsey officer: EVP & Chief Financial Officer C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Howard Diamond officer: SVP, GC & Secretary C/O FRONTIER AIRLINES, 7001 TOWER ROAD, DENVER CO 80249
Rajat Khanna officer: See Remarks C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80239
Jacob F. Filene officer: See Remarks C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Daniel M. Shurz officer: See Remarks C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Ofelia Kumpf director C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Mark Christopher Mitchell officer: Chief Accounting Officer C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Robert J. Genise director C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Indigo Frontier Holdings Company, Llc 10 percent owner C/O INDIGO PARTNERS, 2525 EAST CAMELBACK ROAD, SUITE 900, PHOENIX AZ 85016
Patricia Salas Pineda director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
William A Franke director, 10 percent owner
Trevor J. Stedke officer: See Remarks C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238