The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Alaska Air Group's share price is $43.96.
Alaska Air Group's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $81.72. Hence, Alaska Air Group's PS Ratio for today is 0.54.
The historical rank and industry rank for Alaska Air Group's PS Ratio or its related term are showing as below:
ALK'
s PS Ratio Range Over the Past 10 Years
Min: 0.33 Med: 1.06 Max: 3.3
Current: 0.55
During the past 13 years, Alaska Air Group's highest PS Ratio was 3.30. The lowest was 0.33. And the median was 1.06.
ALK's PS Ratio is ranked better than 68.76% of 973
companies
in the Transportation industry
Industry Median: 0.97
vs ALK: 0.55
During the past 12 months, the average Revenue per Share Growth Rate of Alaska Air Group was 2.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 41.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 5.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 5.70% per year.
During the past 13 years, Alaska Air Group's highest 3-Year average Revenue per Share Growth Rate was 41.00% per year. The lowest was -23.20% per year. And the median was 5.30% per year.
Back to Basics: PS Ratio
Alaska Air Group PS Ratio Historical Data
The historical data trend for Alaska Air Group's PS Ratio 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.
Competitive Comparison of Alaska Air Group's PS Ratio
For the Airlines subindustry, Alaska Air Group's PS Ratio, along with its competitors' market caps and PS 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.
Alaska Air Group's PS Ratio Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Alaska Air Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Alaska Air Group's PS Ratio falls into.
Alaska Air Group PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Alaska Air Group's Share Price of today is $43.96. Alaska Air Group's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $81.72.
* 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.
It can also be calculated from the numbers for the whole company:
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Alaska Air Group PS Ratio Related Terms
Thank you for viewing the detailed overview of Alaska Air Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Alaska Air Group (Alaska Air Group) Business Description
Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.
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