Spirit Airlines (SAVE)
Add to Watchlists Create an AlertSpirit Airlines Price / Book Value:
3.498 for May 22, 2013Spirit Airlines Historical Price / Book Value Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| May 22, 2013 | 3.498 |
| May 21, 2013 | 3.464 |
| May 20, 2013 | 3.400 |
| May 17, 2013 | 3.367 |
| May 16, 2013 | 3.386 |
| May 15, 2013 | 3.385 |
| May 14, 2013 | 3.338 |
| May 13, 2013 | 3.342 |
| May 10, 2013 | 3.448 |
| May 9, 2013 | 3.440 |
| May 8, 2013 | 3.491 |
| May 7, 2013 | 3.428 |
| May 6, 2013 | 3.402 |
| May 3, 2013 | 3.275 |
| May 2, 2013 | 3.257 |
| May 1, 2013 | 3.236 |
| April 30, 2013 | 3.155 |
| April 29, 2013 | 2.996 |
| April 26, 2013 | 3.054 |
| April 25, 2013 | 3.075 |
| April 24, 2013 | 3.086 |
| April 23, 2013 | 3.096 |
| April 22, 2013 | 3.093 |
| April 19, 2013 | 3.135 |
| April 18, 2013 | 3.091 |
| April 17, 2013 | 3.104 |
| April 16, 2013 | 3.159 |
| April 15, 2013 | 2.992 |
| April 12, 2013 | 3.094 |
| April 11, 2013 | 2.987 |
| April 10, 2013 | 3.022 |
| April 9, 2013 | 2.958 |
| April 8, 2013 | 3.007 |
| April 5, 2013 | 2.985 |
| April 4, 2013 | 3.010 |
| April 3, 2013 | 2.930 |
| April 2, 2013 | 2.925 |
| April 1, 2013 | 2.903 |
| March 28, 2013 | 3.158 |
| March 27, 2013 | 3.159 |
| March 26, 2013 | 3.179 |
| March 25, 2013 | 3.231 |
| March 22, 2013 | 3.280 |
| March 21, 2013 | 3.302 |
| March 20, 2013 | 3.314 |
| March 19, 2013 | 3.230 |
| March 18, 2013 | 3.16 |
| March 15, 2013 | 3.079 |
| March 14, 2013 | 3.082 |
| March 13, 2013 | 2.999 |
About Price to Book Ratio
The price to book value is a financial ratio used to compare a company's book value to its current market price. Book value is an accounting term denoting the portion of the company held by the shareholders at accounting value (not market value). In other words, book value is the company's total tangible assets less its total liabilities.
The ratio has two calculation methods. In the first way, the company's market capitalization is divided by the company's total book value from its balance sheet. The second way, using per-share values, is to divide the company's current share price by the book value per share. In general, a low price to book value indicates that a stock is undervalued and thus more desirable.
In theory, if you purchased stock with a price to book value less than 1 and the company immediately went bankrupt, you would gain money on your investment. In reality, this may not be true since there are times when liquidation value, or the price at which a company's assets can be sold, is less than the book value of those assets.
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SAVE Price / Book Value Benchmarks
| Companies | |
|---|---|
| Southwest Airlines | 1.456 |
| Delta Air Lines | |
| United Continental | 117.63 |
SAVE Price / Book Value Rankings
| Overall |
55th percentile 3556 of 8006 |
| Sector |
43rd percentile 505 of 895 in Industrials |
| Industry |
42nd percentile 11 of 19 in Airlines |
SAVE Price / Book Value Range, Past 5 Years
| Minimum | 1.822 | Aug 22 2011 |
| Maximum | 3.561 | May 2 2012 |
| Average | 2.635 |
