JetBlue AirwaysMIL:1JAM 44 PB Ratio is 1.10 as of Jun. 26, 2026, which is 3% above its 10-year median of 1.07. GuruFocus rates MIL:1JAM with a GF Score™ of 44/100 and a GF Value™ of €3.97 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 970 Transportation companies, JetBlue Airways ranks better than 51.24% on this metric.
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 (2026-06-26), JetBlue Airways's share price is €4.626. JetBlue Airways's Book Value per Share for the quarter that ended in Mar. 2026 was €4.21. Hence, JetBlue Airways's PB Ratio of today is 1.10.
Warning Sign:
JetBlue Airways Corp stock PB Ratio (=1.22) is close to 3-year high of 1.22.
The historical rank and industry rank for JetBlue Airways's PB Ratio or its related term are showing as below:
MIL:1JAM'
s PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 1.07 Max: 1.92
Current: 1.22
During the past 13 years, JetBlue Airways's highest PB Ratio was 1.92. The lowest was 0.38. And the median was 1.07.
MIL:1JAM's PB Ratio is ranked better than 51.24% of 970
companies
in the Transportation industry
Industry Median: 1.25
vs MIL:1JAM: 1.22
During the past 12 months, JetBlue Airways's average Book Value Per Share Growth Rate was -29.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -19.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -14.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -6.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of JetBlue Airways was 22.20% per year. The lowest was -19.30% per year. And the median was 7.00% per year.
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.
JetBlue Airways PB Ratio Related Terms
JetBlue Airways PB Ratio Historical Data
* Premium members only.
The historical data trend for JetBlue Airways'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.
For the Airlines subindustry, JetBlue Airways'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.
JetBlue Airways PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, JetBlue Airways's PB Ratio distribution charts can be found below:
* The bar in red indicates where JetBlue Airways's PB Ratio falls into.
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.
JetBlue Airways's PB Ratio for today is calculated as follows:
* 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.
JetBlue Airways (MIL:1JAM) has a PB Ratio of 1.10 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JetBlue Airways and its competitors. This is near median its historical median of 1.07. Over the past decade, JetBlue Airways' PB Ratio has ranged from 0.38 to 1.92. According to the industry distribution chart, JetBlue Airways ranks #473 out of 970 companies in the Transportation industry, placing it in the top 48.8%.
Is JetBlue Airways' PB Ratio too high?
JetBlue Airways' current PB Ratio of 1.10 is near median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.92. The Transportation industry median PB Ratio is 1.25. JetBlue Airways' value of 1.10 is 12% below this industry median. Based on the distribution chart, JetBlue Airways ranks #473 out of 970 companies in the Transportation industry, which is above the industry midpoint. Overall, JetBlue Airways has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JetBlue Airways' PB Ratio compare to ALGT and ULCC?
According to the Transportation industry distribution chart, JetBlue Airways ranks #473 out of 970 companies for PB Ratio. This puts JetBlue Airways in the upper half of its industry. The industry median PB Ratio is 1.25. JetBlue Airways' value of 1.10 is 12% below this benchmark. Historically, JetBlue Airways' own PB Ratio has ranged from 0.38 to 1.92 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.25, JetBlue Airways has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 970 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JetBlue Airways's current PB Ratio of 1.10 is 12% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JetBlue Airways and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JetBlue Airways's current PB Ratio is 1.10, which is near median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JetBlue Airways stock overvalued right now?
Based on GuruFocus' analysis, JetBlue Airways (MIL:1JAM) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.97, compared to a current price of €4.63 — trading 16.5% above its estimated fair value. The current PB Ratio is 1.10, which is near median its 10-year median of 1.07 and 12% below the Transportation industry median of 1.25. JetBlue Airways' overall GF Score™ is 44/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For JetBlue Airways (MIL:1JAM), the current PB Ratio is 1.10 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is JetBlue Airways (MIL:1JAM) Overvalued in 2026?
Based on GuruFocus' analysis, JetBlue Airways stock appears to be overvalued.
The current stock price of €4.63 is trading 16.5% above its estimated GF Value™ of €3.97.
GuruFocus considers JetBlue Airways to be Modestly Overvalued.
Key valuation signals for MIL:1JAM:
PB Ratio: 1.10 (near median its 10-year median of 1.07)
GF Value™: €3.97 vs. price of €4.63 (16.5% above fair value)
Industry Position: 12% below the Transportation median (#473 of 970)
No single metric tells the full story. See the MIL:1JAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The company has one operating segment, Air Transportation Services, which provides services in the United States, the Caribbean, Latin America, Canada, and Europe. The majority of revenue is generated from the Domestic & Canada segment.
44GF Score
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