Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
United Airlines Holdings Inc., historical price multiples (quarterly data)
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | United Airlines Holdings Inc. P/E ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | United Airlines Holdings Inc. P/OP ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | United Airlines Holdings Inc. P/S ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | United Airlines Holdings Inc. P/BV ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Price to Earnings (P/E)
United Airlines Holdings Inc., historical P/E calculation (quarterly data)
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 328,803,431 | 328,025,881 | 328,014,680 | 327,979,705 | 327,968,872 | 327,092,997 | 326,927,831 | 326,744,698 | 326,730,982 | 324,626,332 | 323,806,517 | 323,612,861 | 323,578,254 | 318,476,280 | 290,990,973 | 290,983,657 | 290,432,163 | 247,951,116 | 253,043,650 | 256,921,469 | 263,129,397 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||
| Net income (loss) (in millions) | (124) | 600) | 1,137) | 1,075) | (194) | 843) | 942) | 329) | (1,377) | (646) | 473) | (434) | (1,357) | (1,897) | (1,841) | (1,627) | (1,704) | 641) | 1,024) | 1,052) | 292) | |||||||
| Earnings per share (EPS)2 | 8.18 | 7.98 | 8.72 | 8.13 | 5.85 | 2.25 | -2.30 | -3.74 | -6.07 | -6.05 | -9.93 | -17.09 | -20.77 | -22.20 | -15.57 | -5.73 | 3.49 | 12.14 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 48.74 | 45.49 | 36.24 | 56.57 | 44.89 | 48.99 | 39.10 | 37.44 | 50.85 | 47.43 | 45.95 | 47.95 | 51.03 | 53.31 | 34.25 | 31.67 | 25.26 | 70.57 | 89.70 | 94.78 | 89.24 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||
| P/E ratio4 | 5.96 | 5.70 | 4.15 | 6.96 | 7.67 | 21.74 | — | — | — | — | — | — | — | — | — | — | 7.24 | 5.82 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| P/E Ratio, Competitors5 | ||||||||||||||||||||||||||||
| FedEx Corp. | 15.09 | 16.11 | 17.14 | 12.45 | 11.20 | 14.80 | 11.50 | 12.86 | 13.14 | 15.07 | 23.08 | 31.59 | 34.80 | 33.43 | — | 568.30 | 100.48 | 82.00 | 13.00 | 9.72 | 14.01 | |||||||
| Uber Technologies Inc. | 99.82 | 89.56 | 97.47 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Union Pacific Corp. | 23.25 | 23.85 | 20.14 | 21.55 | 17.65 | 17.97 | 16.21 | 19.32 | 22.53 | 23.67 | 24.01 | 24.34 | 27.76 | 25.57 | 23.48 | 21.35 | 17.22 | 21.44 | — | — | — | |||||||
| United Parcel Service Inc. | 21.14 | 18.89 | 13.92 | 15.41 | 14.01 | 13.27 | 12.72 | 15.37 | 14.93 | 14.11 | 28.39 | 27.60 | 36.12 | 104.33 | 30.09 | 28.55 | 19.04 | 20.59 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Data adjusted for splits and stock dividends.
2 Q1 2024 Calculation
EPS
= (Net income (loss)Q1 2024
+ Net income (loss)Q4 2023
+ Net income (loss)Q3 2023
+ Net income (loss)Q2 2023)
÷ No. shares of common stock outstanding
= (-124,000,000 + 600,000,000 + 1,137,000,000 + 1,075,000,000)
÷ 328,803,431 = 8.18
3 Closing price as at the filing date of United Airlines Holdings Inc. Quarterly or Annual Report.
4 Q1 2024 Calculation
P/E ratio = Share price ÷ EPS
= 48.74 ÷ 8.18 = 5.96
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | United Airlines Holdings Inc. P/E ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Price to Operating Profit (P/OP)
United Airlines Holdings Inc., historical P/OP calculation (quarterly data)
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 328,803,431 | 328,025,881 | 328,014,680 | 327,979,705 | 327,968,872 | 327,092,997 | 326,927,831 | 326,744,698 | 326,730,982 | 324,626,332 | 323,806,517 | 323,612,861 | 323,578,254 | 318,476,280 | 290,990,973 | 290,983,657 | 290,432,163 | 247,951,116 | 253,043,650 | 256,921,469 | 263,129,397 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||
| Operating income (loss) (in millions) | 99) | 998) | 1,739) | 1,517) | (43) | 1,377) | 1,458) | 878) | (1,376) | (408) | 1,037) | (270) | (1,381) | (2,135) | (1,615) | (1,637) | (972) | 861) | 1,473) | 1,472) | 495) | |||||||
| Operating profit per share2 | 13.24 | 12.84 | 13.99 | 13.14 | 11.19 | 7.14 | 1.69 | 0.40 | -3.11 | -3.15 | -8.49 | -16.69 | -20.92 | -19.97 | -11.56 | -0.95 | 9.76 | 17.35 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 48.74 | 45.49 | 36.24 | 56.57 | 44.89 | 48.99 | 39.10 | 37.44 | 50.85 | 47.43 | 45.95 | 47.95 | 51.03 | 53.31 | 34.25 | 31.67 | 25.26 | 70.57 | 89.70 | 94.78 | 89.24 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||
| P/OP ratio4 | 3.68 | 3.54 | 2.59 | 4.31 | 4.01 | 6.86 | 23.16 | 93.38 | — | — | — | — | — | — | — | — | 2.59 | 4.07 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | ||||||||||||||||||||||||||||
| FedEx Corp. | 12.10 | 13.03 | 9.62 | 7.38 | 6.66 | 9.07 | 9.66 | 10.90 | 11.82 | 13.46 | 15.42 | 19.66 | 20.51 | 17.79 | 7.61 | 11.34 | 10.34 | 9.92 | 10.19 | 10.21 | 13.97 | |||||||
| Uber Technologies Inc. | 89.86 | 152.26 | 325.09 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Union Pacific Corp. | 16.22 | 16.75 | 14.11 | 15.20 | 12.56 | 12.68 | 11.53 | 13.58 | 15.79 | 16.53 | 16.70 | 16.84 | 18.84 | 17.46 | 15.91 | 14.61 | 11.83 | 14.83 | — | — | — | |||||||
| United Parcel Service Inc. | 15.25 | 13.86 | 12.08 | 13.27 | 12.19 | 11.70 | 10.32 | 12.38 | 12.08 | 14.20 | 16.72 | 16.10 | 19.92 | 18.23 | 17.73 | 16.56 | 10.94 | 11.72 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Data adjusted for splits and stock dividends.
2 Q1 2024 Calculation
Operating profit per share
= (Operating income (loss)Q1 2024
+ Operating income (loss)Q4 2023
+ Operating income (loss)Q3 2023
+ Operating income (loss)Q2 2023)
÷ No. shares of common stock outstanding
= (99,000,000 + 998,000,000 + 1,739,000,000 + 1,517,000,000)
÷ 328,803,431 = 13.24
3 Closing price as at the filing date of United Airlines Holdings Inc. Quarterly or Annual Report.
4 Q1 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 48.74 ÷ 13.24 = 3.68
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | United Airlines Holdings Inc. P/OP ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Price to Sales (P/S)
United Airlines Holdings Inc., historical P/S calculation (quarterly data)
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 328,803,431 | 328,025,881 | 328,014,680 | 327,979,705 | 327,968,872 | 327,092,997 | 326,927,831 | 326,744,698 | 326,730,982 | 324,626,332 | 323,806,517 | 323,612,861 | 323,578,254 | 318,476,280 | 290,990,973 | 290,983,657 | 290,432,163 | 247,951,116 | 253,043,650 | 256,921,469 | 263,129,397 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||
| Operating revenue (in millions) | 12,539) | 13,626) | 14,484) | 14,178) | 11,429) | 12,400) | 12,877) | 12,112) | 7,566) | 8,192) | 7,750) | 5,471) | 3,221) | 3,412) | 2,489) | 1,475) | 7,979) | 10,888) | 11,380) | 11,402) | 9,589) | |||||||
| Sales per share2 | 166.75 | 163.76 | 160.03 | 155.14 | 148.85 | 137.44 | 124.64 | 109.01 | 88.69 | 75.88 | 61.31 | 45.09 | 32.75 | 48.21 | 78.46 | 109.02 | 143.40 | 174.47 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 48.74 | 45.49 | 36.24 | 56.57 | 44.89 | 48.99 | 39.10 | 37.44 | 50.85 | 47.43 | 45.95 | 47.95 | 51.03 | 53.31 | 34.25 | 31.67 | 25.26 | 70.57 | 89.70 | 94.78 | 89.24 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||
| P/S ratio4 | 0.29 | 0.28 | 0.23 | 0.36 | 0.30 | 0.36 | 0.31 | 0.34 | 0.57 | 0.63 | 0.75 | 1.06 | 1.56 | 1.11 | 0.44 | 0.29 | 0.18 | 0.40 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| P/S Ratio, Competitors5 | ||||||||||||||||||||||||||||
| FedEx Corp. | 0.71 | 0.71 | 0.55 | 0.44 | 0.42 | 0.61 | 0.64 | 0.71 | 0.77 | 0.94 | 0.89 | 1.04 | 0.87 | 0.62 | 0.36 | 0.62 | 0.65 | 0.64 | 0.68 | 0.70 | 1.00 | |||||||
| Uber Technologies Inc. | 3.60 | 4.53 | 2.86 | 2.74 | 2.26 | 2.16 | 1.98 | 2.47 | 2.46 | 3.90 | 5.95 | 6.34 | 8.09 | 9.07 | 6.57 | 4.42 | 3.98 | 4.00 | — | — | — | |||||||
| Union Pacific Corp. | 6.17 | 6.31 | 5.31 | 5.86 | 4.93 | 5.05 | 4.69 | 5.65 | 6.77 | 7.08 | 7.01 | 6.96 | 7.50 | 7.00 | 6.43 | 5.88 | 4.79 | 5.85 | — | — | — | |||||||
| United Parcel Service Inc. | 1.40 | 1.39 | 1.28 | 1.60 | 1.53 | 1.53 | 1.41 | 1.68 | 1.63 | 1.87 | 1.94 | 1.81 | 2.09 | 1.66 | 1.72 | 1.61 | 1.09 | 1.23 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Data adjusted for splits and stock dividends.
2 Q1 2024 Calculation
Sales per share
= (Operating revenueQ1 2024
+ Operating revenueQ4 2023
+ Operating revenueQ3 2023
+ Operating revenueQ2 2023)
÷ No. shares of common stock outstanding
= (12,539,000,000 + 13,626,000,000 + 14,484,000,000 + 14,178,000,000)
÷ 328,803,431 = 166.75
3 Closing price as at the filing date of United Airlines Holdings Inc. Quarterly or Annual Report.
4 Q1 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 48.74 ÷ 166.75 = 0.29
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | United Airlines Holdings Inc. P/S ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Price to Book Value (P/BV)
United Airlines Holdings Inc., historical P/BV calculation (quarterly data)
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 328,803,431 | 328,025,881 | 328,014,680 | 327,979,705 | 327,968,872 | 327,092,997 | 326,927,831 | 326,744,698 | 326,730,982 | 324,626,332 | 323,806,517 | 323,612,861 | 323,578,254 | 318,476,280 | 290,990,973 | 290,983,657 | 290,432,163 | 247,951,116 | 253,043,650 | 256,921,469 | 263,129,397 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||
| Stockholders’ equity (in millions) | 9,188) | 9,324) | 8,853) | 7,705) | 6,668) | 6,896) | 4,898) | 3,964) | 3,624) | 5,029) | 5,431) | 4,904) | 5,206) | 5,960) | 7,003) | 8,517) | 9,418) | 11,531) | 11,301) | 10,320) | 9,802) | |||||||
| Book value per share (BVPS)2 | 27.94 | 28.42 | 26.99 | 23.49 | 20.33 | 21.08 | 14.98 | 12.13 | 11.09 | 15.49 | 16.77 | 15.15 | 16.09 | 18.71 | 24.07 | 29.27 | 32.43 | 46.51 | 44.66 | 40.17 | 37.25 | |||||||
| Share price1, 3 | 48.74 | 45.49 | 36.24 | 56.57 | 44.89 | 48.99 | 39.10 | 37.44 | 50.85 | 47.43 | 45.95 | 47.95 | 51.03 | 53.31 | 34.25 | 31.67 | 25.26 | 70.57 | 89.70 | 94.78 | 89.24 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||
| P/BV ratio4 | 1.74 | 1.60 | 1.34 | 2.41 | 2.21 | 2.32 | 2.61 | 3.09 | 4.58 | 3.06 | 2.74 | 3.16 | 3.17 | 2.85 | 1.42 | 1.08 | 0.78 | 1.52 | 2.01 | 2.36 | 2.40 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | ||||||||||||||||||||||||||||
| FedEx Corp. | 2.37 | 2.45 | 2.07 | 1.72 | 1.60 | 2.27 | 2.41 | 2.53 | 2.75 | 3.26 | 3.18 | 3.68 | 3.19 | 2.35 | 1.32 | 2.28 | 2.49 | 2.49 | 2.38 | 2.50 | 3.51 | |||||||
| Uber Technologies Inc. | 12.55 | 15.02 | 10.98 | 11.08 | 10.20 | 9.36 | 9.20 | 9.47 | 5.91 | 4.71 | 6.34 | 5.73 | 6.42 | 8.24 | 8.85 | 6.04 | 5.01 | 3.99 | 3.17 | 4.28 | — | |||||||
| Union Pacific Corp. | 9.49 | 10.29 | 9.16 | 10.99 | 9.92 | 10.34 | 9.76 | 10.41 | 12.90 | 10.90 | 10.68 | 10.01 | 8.91 | 8.07 | 7.33 | 7.22 | 6.46 | 7.00 | 6.31 | 6.76 | 7.05 | |||||||
| United Parcel Service Inc. | 7.41 | 7.32 | 6.21 | 7.71 | 7.54 | 7.75 | 8.39 | 10.31 | 10.42 | 12.76 | 15.21 | 15.53 | 26.13 | 213.26 | 24.66 | 28.64 | 24.78 | 27.98 | 18.04 | 23.36 | 26.37 | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Data adjusted for splits and stock dividends.
2 Q1 2024 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= 9,188,000,000 ÷ 328,803,431 = 27.94
3 Closing price as at the filing date of United Airlines Holdings Inc. Quarterly or Annual Report.
4 Q1 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 48.74 ÷ 27.94 = 1.74
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | United Airlines Holdings Inc. P/BV ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |