Jetblue Airways Corp Stock Book Value Per Share

JBLU Stock  USD 5.77  0.02  0.35%   
JetBlue Airways Corp fundamentals help investors to digest information that contributes to JetBlue Airways' financial success or failures. It also enables traders to predict the movement of JetBlue Stock. The fundamental analysis module provides a way to measure JetBlue Airways' 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 JetBlue Airways stock.
Last ReportedProjected for Next Year
Book Value Per Share 10.02  10.53 
Tangible Book Value Per Share 8.98  8.53 
Book Value Per Share is likely to gain to 10.53 in 2024, whereas Tangible Book Value Per Share is likely to drop 8.53 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.

JetBlue Airways Corp Company Book Value Per Share Analysis

JetBlue Airways' Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current JetBlue Airways Book Value Per Share

    
  7.74 X  
Most of JetBlue Airways' fundamental indicators, such as Book Value Per Share, 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, JetBlue Airways Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

JetBlue Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for JetBlue Airways is extremely important. It helps to project a fair market value of JetBlue Stock properly, considering its historical fundamentals such as Book Value Per Share. Since JetBlue Airways' 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 JetBlue Airways' 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 JetBlue Airways' interrelated accounts and indicators.
0.810.690.850.720.70.950.960.970.940.720.610.570.690.61-0.80.680.370.850.49-0.170.440.630.320.58
0.810.180.560.550.190.590.760.850.780.940.510.380.340.22-0.610.88-0.170.540.79-0.480.160.280.270.13
0.690.180.710.520.960.860.690.610.550.090.390.540.80.74-0.550.150.750.67-0.130.180.510.70.230.73
0.850.560.710.550.820.880.790.720.730.510.290.840.640.63-0.740.540.60.770.26-0.230.460.770.670.62
0.720.550.520.550.540.720.690.730.70.570.930.210.460.84-0.880.60.360.820.440.290.420.74-0.010.79
0.70.190.960.820.540.870.690.590.550.120.340.640.70.75-0.590.190.820.72-0.130.120.440.770.380.78
0.950.590.860.880.720.870.930.890.880.50.570.590.780.74-0.780.480.60.880.270.020.530.730.30.74
0.960.760.690.790.690.690.930.960.940.610.610.560.640.53-0.670.580.30.80.45-0.110.390.540.220.57
0.970.850.610.720.730.590.890.960.940.750.680.420.610.53-0.730.680.230.810.56-0.140.340.510.150.52
0.940.780.550.730.70.550.880.940.940.670.660.410.610.53-0.710.560.250.810.47-0.060.40.470.120.54
0.720.940.090.510.570.120.50.610.750.670.490.270.280.28-0.710.94-0.090.570.81-0.440.20.370.320.16
0.610.510.390.290.930.340.570.610.680.660.49-0.050.360.71-0.70.480.120.660.450.390.30.48-0.350.63
0.570.380.540.840.210.640.590.560.420.410.27-0.050.490.32-0.380.390.370.40.07-0.410.310.550.790.32
0.690.340.80.640.460.70.780.640.610.610.280.360.490.62-0.590.270.510.580.090.010.80.570.220.5
0.610.220.740.630.840.750.740.530.530.530.280.710.320.62-0.840.360.70.790.120.430.550.90.120.9
-0.8-0.61-0.55-0.74-0.88-0.59-0.78-0.67-0.73-0.71-0.71-0.7-0.38-0.59-0.84-0.73-0.53-0.9-0.47-0.09-0.59-0.86-0.32-0.75
0.680.880.150.540.60.190.480.580.680.560.940.480.390.270.36-0.73-0.030.570.79-0.40.210.520.430.26
0.37-0.170.750.60.360.820.60.30.230.25-0.090.120.370.510.7-0.53-0.030.65-0.330.370.510.760.350.79
0.850.540.670.770.820.720.880.80.810.810.570.660.40.580.79-0.90.570.650.340.210.530.820.250.87
0.490.79-0.130.260.44-0.130.270.450.560.470.810.450.070.090.12-0.470.79-0.330.34-0.270.120.170.090.01
-0.17-0.480.18-0.230.290.120.02-0.11-0.14-0.06-0.440.39-0.410.010.43-0.09-0.40.370.21-0.270.220.19-0.610.53
0.440.160.510.460.420.440.530.390.340.40.20.30.310.80.55-0.590.210.510.530.120.220.560.140.5
0.630.280.70.770.740.770.730.540.510.470.370.480.550.570.9-0.860.520.760.820.170.190.560.490.87
0.320.270.230.67-0.010.380.30.220.150.120.32-0.350.790.220.12-0.320.430.350.250.09-0.610.140.490.12
0.580.130.730.620.790.780.740.570.520.540.160.630.320.50.9-0.750.260.790.870.010.530.50.870.12
Click cells to compare fundamentals
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

JetBlue Common Stock Shares Outstanding

Common Stock Shares Outstanding

275.45 Million

At this time, JetBlue Airways' Common Stock Shares Outstanding is comparatively stable compared to the past year.
In accordance with the recently published financial statements, the book value per share of JetBlue Airways Corp is about 7.741 times. This is 99.98% lower than that of the Passenger Airlines sector and 60.79% lower than that of the Industrials industry. The book value per share for all United States stocks is 99.6% higher than that of the company.

JetBlue Book Value Per Share Peer Comparison

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

JetBlue Fundamentals

About JetBlue Airways Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze JetBlue Airways Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JetBlue Airways using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JetBlue Airways Corp 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether JetBlue Airways Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if JetBlue Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Jetblue Airways Corp Stock. Highlighted below are key reports to facilitate an investment decision about Jetblue Airways Corp Stock:
Check out JetBlue Airways Piotroski F Score and JetBlue Airways Altman Z Score analysis.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for JetBlue Stock analysis

When running JetBlue Airways' price analysis, check to measure JetBlue Airways' 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 JetBlue Airways is operating at the current time. Most of JetBlue Airways' value examination focuses on studying past and present price action to predict the probability of JetBlue Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JetBlue Airways' price. Additionally, you may evaluate how the addition of JetBlue Airways to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Stocks Directory
Find actively traded stocks across global markets
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Is JetBlue Airways' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JetBlue Airways. If investors know JetBlue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JetBlue Airways listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.56)
Earnings Share
(2.46)
Revenue Per Share
28.268
Quarterly Revenue Growth
(0.05)
Return On Assets
(0)
The market value of JetBlue Airways Corp is measured differently than its book value, which is the value of JetBlue that is recorded on the company's balance sheet. Investors also form their own opinion of JetBlue Airways' value that differs from its market value or its book value, called intrinsic value, which is JetBlue Airways' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JetBlue Airways' market value can be influenced by many factors that don't directly affect JetBlue Airways' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JetBlue Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine if JetBlue Airways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JetBlue Airways' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.