MESA (Mesa Air Group) Price-to-Tangible-Book: (As of Sep. 06, 2026)

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Director of Data and Quant Analytics at GuruFocus
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MESA Mesa Air Group Inc MESA
55 GF Score
Price $1.40
GF Value $13.88
! 6 Warning Signs
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What is Mesa Air Group Price-to-Tangible-Book?

As of today (2026-09-06), Mesa Air Group's share price is $1.40. Mesa Air Group's Tangible Book per Share of Sep. 2025 for the quarter that ended in Sep. 2025 was $-18.85. Hence, Mesa Air Group's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Mesa Air Group's highest Price to Tangible Book Ratio was 0.99. The lowest was 0.18. And the median was 0.45.

MESA's Price-to-Tangible-Book is not ranked *
in the Transportation industry.
Industry Median: 1.4
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Mesa Air Group's share price is $1.40. Mesa Air Group's Book Value per Sharefor the quarter that ended in Sep. 2025 was $-18.85. Hence, Mesa Air Group's P/B Ratio of today is .

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.

Mesa Air Group Price-to-Tangible-Book Related Terms

Mesa Air Group Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Mesa Air Group'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.

Mesa Air Group Price-to-Tangible-Book Chart

Mesa Air Group Annual Data
Trend Sep08 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.57 0.20 0.18 0.45

Mesa Air Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.45 0.00 0.00 0.00 0.00

MESA vs SNCY, ULCC, ALGT: Price-to-Tangible-Book Comparison

For the Airlines subindustry, Mesa Air Group'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.

Mesa Air Group Price-to-Tangible-Book vs Transportation Industry

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

* The bar in red indicates where Mesa Air Group's Price-to-Tangible-Book falls into.


MESA
55GF Score
Mesa Air Group Inc MESA
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mesa Air Group Price-to-Tangible-Book Calculation

Mesa Air Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2025 )
=1.40/-18.853
=

* 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:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Stockholders Equity-Preferred Stock-Intangible Assets)

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.

Is Mesa Air Group (MESA) Overvalued in 2026?

Based on GuruFocus' analysis, Mesa Air Group stock appears to be undervalued. The current stock price of $1.40 is trading 89.9% below its estimated GF Value™ of $13.88.

Key valuation signals for MESA:

  • Price-to-Tangible-Book:
  • GF Value™: $13.88 vs. price of $1.40 (89.9% below fair value)
  • GF Score™: 55/100 with 6 warning signs

No single metric tells the full story. See the MESA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mesa Air Group Business Description

Address 410 North 44th Street, Suite 700, Phoenix, AZ, USA, 85008
Mesa Air Group Inc is a regional air carrier providing scheduled passenger service. It provides services to the District of Columbia, Canada, Cuba, and Mexico, and cargo services out of Cincinnati/Northern Kentucky International Airport. Flights are operated as American Eagle, United Express, or DHL Express flights to the terms of capacity purchase agreements with American and United and a flight services agreement with DHL. The business has a presence in domestic hubs and cities, including Dallas, Houston, Phoenix, and Washington-Dulles, and other regions.
55GF Score

Get the complete analysis for MESA

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.40
Price
$13.88
GF Value