Passenger Airlines Companies By Book Value Per Share Ratio

Book Value Per Share
Book Value Per ShareEfficiencyMarket RiskExp Return
1ALGT Allegiant Travel
73.22
 0.26 
 3.26 
 0.86 
2SKYW SkyWest
57.3
 0.30 
 1.93 
 0.59 
3CPA Copa Holdings SA
53.9
 0.04 
 2.33 
 0.08 
4UHAL-B U Haul Holding
39.12
(0.09)
 1.53 
(0.13)
5ALK Alaska Air Group
35.51
 0.30 
 2.08 
 0.62 
6UAL United Airlines Holdings
34.78
 0.45 
 2.84 
 1.26 
7DAL Delta Air Lines
21.29
 0.31 
 2.21 
 0.70 
8LUV Southwest Airlines
17.36
 0.12 
 1.87 
 0.21 
9SNCY Sun Country Airlines
10.44
 0.16 
 3.54 
 0.56 
10JBLU JetBlue Airways Corp
7.62
 0.11 
 4.52 
 0.50 
11SAVE Spirit Airlines
7.39
(0.12)
 17.49 
(2.05)
12RYAAY Ryanair Holdings PLC
7.09
 0.04 
 2.02 
 0.08 
13LTM LATAM Airlines Group
6.65
 0.09 
 1.41 
 0.12 
14BLDE Blade Air Mobility
4.18
 0.04 
 3.63 
 0.15 
15MESA Mesa Air Group
3.27
(0.13)
 3.85 
(0.51)
16ULCC Frontier Group Holdings
2.44
 0.17 
 5.13 
 0.88 
17JOBY Joby Aviation
1.09
 0.10 
 6.00 
 0.61 
18VLRS Volaris
0.28
 0.22 
 2.16 
 0.48 
19RYDE Ryde Group
0.0
(0.16)
 15.46 
(2.41)
20UP Wheels Up Experience
-0.17
 0.05 
 5.36 
 0.27 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation. The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.