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 (2024-04-26), Alaska Air Group's share price is $43.64. Alaska Air Group's Book Value per Share for the quarter that ended in Mar. 2024 was $31.64. Hence, Alaska Air Group's PB Ratio of today is 1.38.
The historical rank and industry rank for Alaska Air Group's PB Ratio or its related term are showing as below:
ALK'
s PB Ratio Range Over the Past 10 Years
Min: 0.67 Med: 2.26 Max: 4.72
Current: 1.38
During the past 13 years, Alaska Air Group's highest PB Ratio was 4.72. The lowest was 0.67. And the median was 2.26.
ALK's PB Ratio is ranked worse than 54.02% of 933
companies
in the Transportation industry
Industry Median: 1.31
vs ALK: 1.38
During the past 12 months, Alaska Air Group's average Book Value Per Share Growth Rate was 9.10% 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.
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.
* 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.
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
Thank you for viewing the detailed overview of Alaska Air Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Alaska Air Group (Alaska Air Group) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ALK has been successfully added to your 