Skywest Stock Price To Book

SKYW Stock  USD 103.77  0.44  0.43%   
SkyWest fundamentals help investors to digest information that contributes to SkyWest's financial success or failures. It also enables traders to predict the movement of SkyWest Stock. The fundamental analysis module provides a way to measure SkyWest's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SkyWest stock.
Price To Book Ratio is likely to climb to 1.32 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

SkyWest Company Price To Book Analysis

SkyWest's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current SkyWest Price To Book

    
  1.80 X  
Most of SkyWest's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SkyWest is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SkyWest Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for SkyWest is extremely important. It helps to project a fair market value of SkyWest Stock properly, considering its historical fundamentals such as Price To Book. Since SkyWest's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SkyWest's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SkyWest's interrelated accounts and indicators.
0.990.940.980.221.00.390.96-0.20.90.720.660.9-0.970.97-0.030.770.76-0.36-0.730.780.83-0.12-0.580.55
0.990.930.980.270.980.420.93-0.180.880.730.670.89-0.980.94-0.050.780.72-0.35-0.740.730.8-0.12-0.580.51
0.940.930.930.060.940.180.96-0.40.80.680.550.92-0.910.940.130.830.87-0.55-0.690.880.91-0.09-0.590.54
0.980.980.930.170.970.290.96-0.280.910.690.60.83-0.940.980.050.850.78-0.42-0.820.780.87-0.13-0.690.65
0.220.270.060.170.190.790.00.730.190.50.080.18-0.290.070.05-0.03-0.160.30.02-0.26-0.16-0.040.13-0.1
1.00.980.940.970.190.380.96-0.210.90.70.650.9-0.960.97-0.010.760.77-0.36-0.720.80.84-0.12-0.580.57
0.390.420.180.290.790.380.210.690.350.680.420.38-0.460.19-0.150.0-0.070.35-0.11-0.12-0.03-0.10.24-0.06
0.960.930.960.960.00.960.21-0.390.880.690.590.86-0.910.960.030.830.85-0.4-0.820.840.93-0.18-0.60.65
-0.2-0.18-0.4-0.280.73-0.210.69-0.39-0.190.09-0.24-0.280.13-0.35-0.04-0.56-0.660.550.38-0.66-0.640.020.42-0.32
0.90.880.80.910.190.90.350.88-0.190.650.550.7-0.820.90.040.70.67-0.31-0.810.680.76-0.38-0.610.75
0.720.730.680.690.50.70.680.690.090.650.510.7-0.730.610.190.60.52-0.07-0.590.430.59-0.25-0.150.39
0.660.670.550.60.080.650.420.59-0.240.550.510.71-0.70.58-0.380.540.52-0.01-0.460.510.550.07-0.260.11
0.90.890.920.830.180.90.380.86-0.280.70.70.71-0.930.83-0.120.750.82-0.38-0.530.780.80.05-0.410.23
-0.97-0.98-0.91-0.94-0.29-0.96-0.46-0.910.13-0.82-0.73-0.7-0.93-0.90.16-0.75-0.70.260.68-0.69-0.770.050.55-0.38
0.970.940.940.980.070.970.190.96-0.350.90.610.580.83-0.90.10.830.83-0.48-0.760.860.9-0.07-0.70.68
-0.03-0.050.130.050.05-0.01-0.150.03-0.040.040.19-0.38-0.120.160.10.110.17-0.490.030.190.13-0.05-0.040.45
0.770.780.830.85-0.030.760.00.83-0.560.70.60.540.75-0.750.830.110.91-0.45-0.780.770.930.07-0.720.55
0.760.720.870.78-0.160.77-0.070.85-0.660.670.520.520.82-0.70.830.170.91-0.58-0.630.910.960.08-0.610.52
-0.36-0.35-0.55-0.420.3-0.360.35-0.40.55-0.31-0.07-0.01-0.380.26-0.48-0.49-0.45-0.580.14-0.67-0.49-0.110.4-0.34
-0.73-0.74-0.69-0.820.02-0.72-0.11-0.820.38-0.81-0.59-0.46-0.530.68-0.760.03-0.78-0.630.14-0.54-0.790.370.59-0.76
0.780.730.880.78-0.260.8-0.120.84-0.660.680.430.510.78-0.690.860.190.770.91-0.67-0.540.9-0.03-0.620.56
0.830.80.910.87-0.160.84-0.030.93-0.640.760.590.550.8-0.770.90.130.930.96-0.49-0.790.9-0.08-0.640.64
-0.12-0.12-0.09-0.13-0.04-0.12-0.1-0.180.02-0.38-0.250.070.050.05-0.07-0.050.070.08-0.110.37-0.03-0.08-0.02-0.41
-0.58-0.58-0.59-0.690.13-0.580.24-0.60.42-0.61-0.15-0.26-0.410.55-0.7-0.04-0.72-0.610.40.59-0.62-0.64-0.02-0.56
0.550.510.540.65-0.10.57-0.060.65-0.320.750.390.110.23-0.380.680.450.550.52-0.34-0.760.560.64-0.41-0.56
Click cells to compare fundamentals

SkyWest Price To Book Historical Pattern

Today, most investors in SkyWest Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SkyWest's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of SkyWest price to book as a starting point in their analysis.
   SkyWest Price To Book   
       Timeline  
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

SkyWest Book Value Per Share

Book Value Per Share

50.5

At this time, SkyWest's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, SkyWest has a Price To Book of 1.8028 times. This is 69.44% lower than that of the Passenger Airlines sector and about the same as Industrials (which currently averages 1.8) industry. The price to book for all United States stocks is 81.04% higher than that of the company.

SkyWest Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SkyWest's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SkyWest could also be used in its relative valuation, which is a method of valuing SkyWest by comparing valuation metrics of similar companies.
SkyWest is currently under evaluation in price to book category among its peers.

SkyWest ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SkyWest's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SkyWest's managers, analysts, and investors.
Environmental
Governance
Social

SkyWest Fundamentals

About SkyWest Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SkyWest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SkyWest using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SkyWest based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for SkyWest Stock Analysis

When running SkyWest's price analysis, check to measure SkyWest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SkyWest is operating at the current time. Most of SkyWest's value examination focuses on studying past and present price action to predict the probability of SkyWest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SkyWest's price. Additionally, you may evaluate how the addition of SkyWest to your portfolios can decrease your overall portfolio volatility.