Skywest Stock Price To Book
SKYW Stock | USD 111.90 2.34 2.14% |
SkyWest fundamentals help investors to digest information that contributes to SkyWest's financial success or failures. It also enables traders to predict the movement of SkyWest Stock. The fundamental analysis module provides a way to measure SkyWest's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SkyWest stock.
Price To Book Ratio is likely to climb to 1.32 in 2024. SkyWest | Price To Book |
SkyWest Company Price To Book Analysis
SkyWest's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current SkyWest Price To Book | 1.95 X |
Most of SkyWest's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SkyWest is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
SkyWest Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for SkyWest is extremely important. It helps to project a fair market value of SkyWest Stock properly, considering its historical fundamentals such as Price To Book. Since SkyWest's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SkyWest's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SkyWest's interrelated accounts and indicators.
Click cells to compare fundamentals
SkyWest Price To Book Historical Pattern
Today, most investors in SkyWest Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SkyWest's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of SkyWest price to book as a starting point in their analysis.
SkyWest Price To Book |
Timeline |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition |
SkyWest Book Value Per Share
Book Value Per Share |
|
Based on the latest financial disclosure, SkyWest has a Price To Book of 1.9523 times. This is 66.91% lower than that of the Passenger Airlines sector and 8.46% higher than that of the Industrials industry. The price to book for all United States stocks is 79.47% higher than that of the company.
SkyWest Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SkyWest's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SkyWest could also be used in its relative valuation, which is a method of valuing SkyWest by comparing valuation metrics of similar companies.SkyWest is currently under evaluation in price to book category among its peers.
SkyWest ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SkyWest's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SkyWest's managers, analysts, and investors.Environmental | Governance | Social |
SkyWest Fundamentals
Return On Equity | 0.11 | ||||
Return On Asset | 0.0339 | ||||
Profit Margin | 0.07 % | ||||
Operating Margin | 0.14 % | ||||
Current Valuation | 6.46 B | ||||
Shares Outstanding | 40.33 M | ||||
Shares Owned By Insiders | 1.99 % | ||||
Shares Owned By Institutions | 91.10 % | ||||
Number Of Shares Shorted | 1.14 M | ||||
Price To Earning | 7.02 X | ||||
Price To Book | 1.95 X | ||||
Price To Sales | 1.35 X | ||||
Revenue | 2.94 B | ||||
Gross Profit | 893.86 M | ||||
EBITDA | 489.5 M | ||||
Net Income | 34.34 M | ||||
Cash And Equivalents | 974.68 M | ||||
Cash Per Share | 19.27 X | ||||
Total Debt | 3.09 B | ||||
Debt To Equity | 1.49 % | ||||
Current Ratio | 1.01 X | ||||
Book Value Per Share | 57.30 X | ||||
Cash Flow From Operations | 736.33 M | ||||
Short Ratio | 3.74 X | ||||
Earnings Per Share | 5.84 X | ||||
Price To Earnings To Growth | 1.02 X | ||||
Target Price | 110.8 | ||||
Number Of Employees | 11.47 K | ||||
Beta | 1.94 | ||||
Market Capitalization | 4.51 B | ||||
Total Asset | 7.03 B | ||||
Retained Earnings | 2.27 B | ||||
Working Capital | (122.4 M) | ||||
Current Asset | 1.02 B | ||||
Current Liabilities | 748.03 M | ||||
Five Year Return | 0.77 % | ||||
Net Asset | 7.03 B |
About SkyWest Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SkyWest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SkyWest using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SkyWest based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for SkyWest Stock Analysis
When running SkyWest's price analysis, check to measure SkyWest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SkyWest is operating at the current time. Most of SkyWest's value examination focuses on studying past and present price action to predict the probability of SkyWest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SkyWest's price. Additionally, you may evaluate how the addition of SkyWest to your portfolios can decrease your overall portfolio volatility.