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Frontier Group Holdings (Frontier Group Holdings) Book Value per Share : $2.16 (As of Mar. 2024)


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What is Frontier Group Holdings Book Value per Share?

Frontier Group Holdings's book value per share for the quarter that ended in Mar. 2024 was $2.16.

During the past 12 months, Frontier Group Holdings's average Book Value Per Share Growth Rate was -3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Frontier Group Holdings was 16.60% per year. The lowest was -11.50% per year. And the median was 6.90% per year.

Frontier Group Holdings's current price is $5.71. Its book value per share for the quarter that ended in Mar. 2024 was $2.16. Hence, today's PB Ratio of Frontier Group Holdings is 2.64.

During the past 9 years, the highest P/B Ratio of Frontier Group Holdings was 20.99. The lowest was 1.48. And the median was 5.07.


Frontier Group Holdings Book Value per Share Historical Data

The historical data trend for Frontier Group Holdings's Book Value per Share 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.

* Premium members only.

Frontier Group Holdings Book Value per Share Chart

Frontier Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only 2.53 1.44 2.44 2.34 2.27

Frontier Group Holdings Quarterly Data
Mar17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share 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 2.23 2.57 2.45 2.27 2.16

Competitive Comparison of Frontier Group Holdings's Book Value per Share

For the Airlines subindustry, Frontier Group Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Frontier Group Holdings's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Frontier Group Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Frontier Group Holdings's PB Ratio falls into.



Frontier Group Holdings Book Value per Share Calculation

Frontier Group Holdings's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(507-0)/223
=2.27

Frontier Group Holdings's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(484-0)/224
=2.16

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Frontier Group Holdings  (NAS:ULCC) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Frontier Group Holdings Book Value per Share Related Terms

Thank you for viewing the detailed overview of Frontier Group Holdings's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontier Group Holdings (Frontier Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4545 Airport Way, Denver, CO, USA, 80239
Frontier Group Holdings Inc is an ultra low-cost carrier whose business is focused on Low Fares Done Right. The company owns fleet of 120 Airbus single-aisle aircraft, consisting of 13 A320ceos, 82 A320neos, 21 A321ceos and 4 A321neos. The use of these aircraft, its seating configuration, weight-saving tactics and baggage process have all contributed to ability to continue to be the fuel-efficient of all the U.S. The Company is managed as a single business unit that provides air transportation for passengers.
Executives
James G. Dempsey officer: EVP & Chief Financial Officer C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Howard Diamond officer: SVP, GC & Secretary C/O FRONTIER AIRLINES, 7001 TOWER ROAD, DENVER CO 80249
Rajat Khanna officer: See Remarks C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80239
Barry Biffle director, officer: See Remarks C/O SPIRIT AIRLINES, 2800 EXECUTIVE WAY, MIRAMAR FL 30325
Jacob F. Filene officer: See Remarks C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Daniel M. Shurz officer: See Remarks C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Josh A Wetzel officer: VP & CAO C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80239
Ofelia Kumpf director C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Mark Christopher Mitchell officer: Chief Accounting Officer C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Robert J. Genise director C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Indigo Frontier Holdings Company, Llc 10 percent owner C/O INDIGO PARTNERS, 2525 EAST CAMELBACK ROAD, SUITE 900, PHOENIX AZ 85016
Josh T. Connor director C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Patricia Salas Pineda director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
William A Franke director, 10 percent owner
Trevor J. Stedke officer: See Remarks C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238