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Spirit Airlines Inc
OTC:SAVEQ

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Spirit Airlines Inc
OTC:SAVEQ
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Price: 0.465 USD 0.43% Market Closed
Market Cap: $50.9m

P/B

0.1
Current
61%
Cheaper
vs 3-y average of 0.4

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.1
=
Market Cap
$118.3m
/
Total Equity
$809.7m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.1
=
Market Cap
$118.3m
/
Total Equity
$809.7m

Valuation Scenarios

Spirit Airlines Inc is trading below its 3-year average

If P/B returns to its 3-Year Average (0.4), the stock would be worth $1.19 (156% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+1 621%
Average Upside
949%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.1 $0.47
0%
3-Year Average 0.4 $1.19
+156%
5-Year Average 1 $3.26
+601%
Industry Average 2.2 $7.05
+1 417%
Country Average 2.5 $8
+1 621%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 100% of companies in the United States of America
Percentile
0th
Based on 10 946 companies
0th percentile
0.1
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

Spirit Airlines Inc
Glance View

Market Cap
50.9m USD
Industry
Airlines

Spirit Airlines, Inc. is an airline that offers travel to customers. The company is headquartered in Miramar, Florida and currently employs 9,823 full-time employees. The company went IPO on 2011-05-26. The firm flies to approximately 85+ destinations across 16 countries in the United States, Latin America, and the Caribbean, primarily targeted toward leisure travelers and those looking to visit friends and relatives. The company focuses on value-conscious travelers who pay for their own travel and compete based on total price. The firm offers unbundled base fares with a range of optional services. The company allows passengers to save by paying only for the options they choose, such as checked and carry-on bags, wireless fidelity (Wi-Fi), advance seat assignments, priority boarding and refreshments. The company has a fleet of approximately 175+ Airbus A320 family aircraft. The company also operates Spirit Saver$ Club, which is a subscription-based loyalty program that allows members access to unpublished, low fares as well as discounted prices on bags, offers on hotels, rental cars, and other travel necessities.

SAVEQ Intrinsic Value
Not Available
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