Alaska Air Group Inc

NYSE ALK

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Alaska Air Group Inc Price to Book Ratio (P/B) on June 03, 2024: 1.34

Alaska Air Group Inc Price to Book Ratio (P/B) is 1.34 on June 03, 2024, a -16.36% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Alaska Air Group Inc 52-week high Price to Book Ratio (P/B) is 1.82 on July 11, 2023, which is 35.90% above the current Price to Book Ratio (P/B).
  • Alaska Air Group Inc 52-week low Price to Book Ratio (P/B) is 0.35 on April 15, 2024, which is -73.70% below the current Price to Book Ratio (P/B).
  • Alaska Air Group Inc average Price to Book Ratio (P/B) for the last 52 weeks is 1.30.
NYSE: ALK

Alaska Air Group Inc

CEO Mr. Benito Minicucci
IPO Date Jan. 2, 2001
Location United States
Headquarters 19300 International Boulevard, Seattle, WA, United States, 98188
Employees 23,013
Sector Industrials
Industry Airlines
Description

Alaska Air Group, Inc., through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.

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StockViz Staff

September 16, 2024

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