Southwest Airlines Co. logo
LUVSouthwest Airlines Co.

Is the P/B ratio high or low?

The P/B ratio of 3.81 is 74% above its 5-year average of 2.19, near the high end of its 5-year range (1.29–3.81).

46.74% above its 12-month average of 2.60.

LUV PB Ratio

LUV PB Ratio Chart

3.81
+95.38% 1Y
LUV PB Ratio

LUV Average PB Ratio Chart

LUV PB Ratio

LUV Current vs Average PB Ratio Chart

LUV PB Ratio Metrics

PB RATIO

3.81

PB RATIO AVG TTM

2.60

PB RATIO AVG 3Y

1.95

PB RATIO AVG 5Y

2.19

PB RATIO AVG 10Y

2.71

PB RATIO AVG 15Y

2.57

PB RATIO AVG 20Y

2.31

CURRENT VS TTM AVG

+46.74%

CURRENT VS 3Y AVG

+95.12%

CURRENT VS 5Y AVG

+74.36%

CURRENT VS 10Y AVG

+40.80%

CURRENT VS 15Y AVG

+48.13%

CURRENT VS 20Y AVG

+65.12%

LUV Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Southwest Airlines Co. (LUV)$25.46B3.812.601.952.19
J.B. Hunt Transport Services, Inc. (JBHT)vs ›$25.90B7.285.234.755.23
Venture Global, Inc. (VG)vs ›$25.97B3.134.956.266.26
Symbotic Inc. (SYM)vs ›$26.16B7.9822.342484.151977.23
XPO Logistics, Inc. (XPO)vs ›$23.90B12.6510.689.667.07
Sterling Infrastructure, Inc. (STRL)vs ›$27.06B23.0112.577.875.63
Everpure, Inc. (P)vs ›$23.83B16.2318.0414.7513.16
ATI Inc. (ATI)vs ›$27.24B15.719.576.926.28
nVent Electric plc (NVT)vs ›$27.80B7.435.093.993.34
Xylem Inc. (XYL)vs ›$27.81B2.602.902.954.15

P/B vs. its own history

At 3.81, P/B is richer than usual, sitting higher than 89% of its 20-year history.

20-year low

0.75

median

1.99

20-year high

4.81

cheaperricher

Book Value Analysis

P/B Ratio

3.81

Market Price / Book Value per Share

PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for Southwest Airlines Co. (LUV)?
The P/B ratio for LUV stock is 3.81.
Is Southwest Airlines Co.'s P/B ratio high or low?
The P/B ratio of 3.81 is 74% above its 5-year average of 2.19, near the high end of its 5-year range (1.29–3.81).
What is the TTM average P/B ratio for Southwest Airlines Co. (LUV)?
The TTM average P/B ratio for LUV stock is 2.60.
What is the 3Y average P/B ratio for Southwest Airlines Co. (LUV)?
The 3Y average P/B ratio for LUV stock is 1.95.
What is the 5Y average P/B ratio for Southwest Airlines Co. (LUV)?
The 5Y average P/B ratio for LUV stock is 2.19.
What is the 10Y average P/B ratio for Southwest Airlines Co. (LUV)?
The 10Y average P/B ratio for LUV stock is 2.71.
What is the 15Y average P/B ratio for Southwest Airlines Co. (LUV)?
The 15Y average P/B ratio for LUV stock is 2.57.
What is the 20Y average P/B ratio for Southwest Airlines Co. (LUV)?
The 20Y average P/B ratio for LUV stock is 2.31.

LUV PB Ratio History

DATEPB RATIO
2026-06-253.81
2026-06-243.73
2026-06-233.62
2026-06-223.55
2026-06-183.51
2026-06-173.41
2026-06-163.47
2026-06-153.37
2026-06-123.33
2026-06-113.24
2026-06-103.03
2026-06-093.16
2026-06-083.00
2026-06-053.04
2026-06-043.02
2026-06-032.99
2026-06-023.10
2026-06-013.13
2026-05-293.14
2026-05-283.17
2026-05-273.20
2026-05-263.09
2026-05-222.99
2026-05-212.98
2026-05-202.90
2026-05-192.73
2026-05-182.81
2026-05-152.82
2026-05-142.88
2026-05-132.88
2026-05-122.89
2026-05-112.93
2026-05-083.02
2026-05-073.03
2026-05-063.04
2026-05-052.91
2026-05-042.81
2026-05-012.84
2026-04-302.77
2026-04-292.72
2026-04-282.78
2026-04-272.79
2026-04-242.89
2026-04-232.76
2026-04-222.57
2026-04-212.67
2026-04-202.73
2026-04-172.79
2026-04-162.65
2026-04-152.72
2026-04-142.69
2026-04-132.58
2026-04-102.58
2026-04-092.62
2026-04-082.64
2026-04-072.47
2026-04-062.49
2026-04-022.45
2026-04-012.50
2026-03-312.45
2026-03-302.37
2026-03-272.44
2026-03-262.58
2026-03-252.62
2026-03-242.60
2026-03-232.63
2026-03-202.57
2026-03-192.67
2026-03-182.62
2026-03-172.68
2026-03-162.63
2026-03-132.53
2026-03-122.52
2026-03-112.73
2026-03-102.80
2026-03-092.81
2026-03-062.71
2026-03-052.87
2026-03-043.08
2026-03-033.12
2026-03-023.15
2026-02-273.22
2026-02-263.32
2026-02-253.26
2026-02-243.31
2026-02-233.32
2026-02-203.40
2026-02-193.40
2026-02-183.58
2026-02-173.54
2026-02-133.34
2026-02-123.32
2026-02-113.36
2026-02-103.53
2026-02-093.48
2026-02-063.54
2026-02-053.43
2026-02-043.56
2026-02-033.46
2026-02-023.36
2026-01-303.21
2026-01-293.28
2026-01-282.76
2026-01-272.80
2026-01-262.84
2026-01-232.84
2026-01-222.87
2026-01-212.90
2026-01-202.87
2026-01-162.92
2026-01-152.92
2026-01-142.88
2026-01-132.92
2026-01-122.97
2026-01-093.01
2026-01-082.90
2026-01-072.88
2026-01-062.87
2026-01-052.87
2026-01-022.79
2025-12-312.80
2025-12-302.79
2025-12-292.78
2025-12-262.79
2025-12-242.81
2025-12-232.81
2025-12-222.86
2025-12-192.79
2025-12-182.76
2025-12-172.77
2025-12-162.85
2025-12-152.82
2025-12-122.78
2025-12-112.76
2025-12-102.69
2025-12-092.58
2025-12-082.57
2025-12-052.56
2025-12-042.42
2025-12-032.41
2025-12-022.40
2025-12-012.35
2025-11-282.35
2025-11-262.37
2025-11-252.32
2025-11-242.25
2025-11-212.22
2025-11-202.11
2025-11-192.16
2025-11-182.16
2025-11-172.15
2025-11-142.22
2025-11-132.23
2025-11-122.26
2025-11-112.16
2025-11-102.21
2025-11-072.20
2025-11-062.13
2025-11-052.14
2025-11-042.01
2025-11-032.06
2025-10-312.05
2025-10-302.04
2025-10-292.07
2025-10-282.10
2025-10-272.18
2025-10-242.18
2025-10-232.14
2025-10-222.28
2025-10-212.35
2025-10-202.33
2025-10-172.27
2025-10-162.25
2025-10-152.27
2025-10-142.26
2025-10-132.16
2025-10-102.12
2025-10-092.14
2025-10-082.19
2025-10-072.19
2025-10-062.20
2025-10-032.20
2025-10-022.18
2025-10-012.18
2025-09-302.16
2025-09-292.22
2025-09-262.20
2025-09-252.16
2025-09-242.24
2025-09-232.25
2025-09-222.18
2025-09-192.20
2025-09-182.18
2025-09-172.17
2025-09-162.13
2025-09-152.13
2025-09-122.14
2025-09-112.15
2025-09-102.10
2025-09-092.10
2025-09-082.14
2025-09-052.12
2025-09-042.10
2025-09-032.19
2025-09-022.18
2025-08-292.22
2025-08-282.23
2025-08-272.24
2025-08-262.26
2025-08-252.20
2025-08-222.22
2025-08-212.10
2025-08-202.11
2025-08-192.14
2025-08-182.12
2025-08-152.13
2025-08-142.08
2025-08-132.09
2025-08-122.08
2025-08-111.97
2025-08-082.00
2025-08-072.00
2025-08-062.01
2025-08-052.02
2025-08-042.01
2025-08-012.02
2025-07-312.09
2025-07-302.08
2025-07-292.10
2025-07-282.20
2025-07-252.25
2025-07-242.25
2025-07-232.33
2025-07-222.32
2025-07-212.30
2025-07-182.28
2025-07-172.27
2025-07-162.33
2025-07-152.32
2025-07-142.35
2025-07-112.32
2025-07-102.33
2025-07-092.15
2025-07-082.12
2025-07-072.11
2025-07-032.13
2025-07-022.12
2025-07-012.08
2025-06-302.02
2025-06-272.01
2025-06-261.97
2025-06-251.95
2025-06-241.99
2025-06-231.99
2025-06-201.96
2025-06-181.94
2025-06-171.96
2025-06-162.01
2025-06-131.98
2025-06-122.03

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About Southwest Airlines Co.

Southwest Airlines Co. functions as a passenger airline, offering scheduled air travel services predominantly across the United States and to select neighboring international markets. As of December 31, 2021, the company maintained a consistent fleet of 728 Boeing 737 aircraft. Its extensive route network served 121 different locations, spanning 42 U.S. states, the District of Columbia, and the Commonwealth of Puerto Rico, along with 10 international countries close by. These international destinations include Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. To enhance the passenger journey, Southwest provides in-flight entertainment and internet access on its Wi-Fi-enabled planes. The airline also runs the Rapid Rewards loyalty program, enabling members to accumulate points proportional to the money spent on Southwest's base fares. For customer convenience in travel planning, the company offers a range of digital tools, including its official websites and mobile applications, as well as SWABIZ, a dedicated online booking platform for business clients. Additional services available include EarlyBird Check-In, preferred boarding options, and transportation for pets and unaccompanied minors. The company was founded in 1967 and its corporate headquarters are situated in Dallas, Texas.

Dallas, TX
71,506 employees
Industrials / Airlines, Airports & Air Services
Sector
Industrials
Industry
Airlines, Airports & Air Services
CEO
Robert E. Jordan