Weightedaverage fleet age and remaining lease term calculated based on net book value. How has air lease s share price performed over time and what events caused price changes. Book value is the net asset value of the company according to standard accounting practice gaap, audited. Get all the key statistics for air lease corporation al, including valuation measures, fiscal year financial statistics, trading records, share statistics and more. How has air leases share price performed over time and what events caused price changes. Air lease corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. Since it is no longer as compelling, i cut its weight in our portfolio by half from roughly 11% to 5. Al announces financial results for the three and nine months ended september 30, 2019. Its book value per share for the quarter that ended in dec. The book value per preferred share is a financial ratio that calculates amount of equity applicable to each outstanding preferred stock.
Al usa the most common multiple used in the valuation of stocks is the pearnings ntm multiple price to earnings. Book value per share financial definition of book value per share. It is calculated by the company as shareholders equity book value divided. A financial ratio used to compare a companys current market price to its book value.
Pe relates the current share price with the market expectations in terms of earnings per share. Air lease corporation announces third quarter 2019 results. Air lease al earnings report, financial results, financial. Its ebitda per share for the trailing twelve months ttm ended in dec. Historical price to book ratio values for air lease al over the last 10 years. Why air lease stock could see much higher prices ahead. Price to book value is a valuation ratio that is measured by stock price book value per share.
Book value per share is the gaap number number of shares outstanding. Air lease corporation al ceo john plueger on q4 2019. Al announces financial results for the three and six months ended june 30, 2018. Date, stock price, book value per share, price to book ratio. Al ebitda per share explanation ebitda is a cash flow measure that ignores changes in working capital.
Find out all the key statistics for air lease corporation al, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Air lease, fly leasing are two aviation stocks where analysts. The best stock in the aircraft leasing industry the. Latest closing price divided by the last 12 months revenuecash flow per share. Press release april 8, 2020 air lease corporation activity update for the first quarter of 2020. The second way, using pershare values, is to divide the companys current share price by the book value per share. New york including stock price, stock chart, company news, key statistics, fundamentals and company profile. In depth view into delta air lines book value per share explanation, calculation, historical. General electrics airlineleasing unit might not be sold. In general, a low price to book value indicates that a stock is undervalued and thus more desirable. Air lease corporation announces second quarter 2018 results. The book value per share calculator is used to calculate the book value per share. Price book value is a widely used stock evaluation measure. Find the latest book value per share for air lease corporation al.
Dec 07, 2019 a month has gone by since the last earnings report for air lease al. The current price to book ratio for air lease as of april 10, 2020 is 0. Air lease cash flow from investing historical data all numbers are in millions except for per share data and ratio. Al the company announced the pricing today of its public offering of 10,000,000 shares the shares of 6.
View realtime stock prices and stock quotes for a full financial overview. Feb 04, 2020 the second way, using per share values, is to divide the companys current share price by the book value per share. A month has gone by since the last earnings report for air lease al. Al stock air lease stock price today markets insider. Latest closing price divided by the earnings per share based on the trailing 12 months. Air lease corp cl a stocks price quote with latest realtime prices, charts, financials, latest news, technical analysis and opinions. The book value per share is the value each share would be worth if the company were to be liquidated, all the bills paid, and the assets distributed. How do i interpret pricebook and book value per share on.
In other words, this is the equity value of each preferred stock outstanding. Air lease corporation announces second quarter 2018. These 2 aircraft leasing companies soared in november. In depth view into american airlines group book value per share explanation, calculation. Aal book value per share american airlines group gurufocus. In depth view into air lease book value per share including historical data from 2011, charts, stats and industry comps. Air leases al earnings beat estimates in q4, down yy nasdaq. Jan 21, 2019 that sounds simple, but on the question of value becker adds, there is no way to know the book value of any lessor, thats why most sell at a discount to book value. Book value per share is a widely used stock evaluation measure. Air lease price to book ratio 20112019 al macrotrends. Air leases al earnings beat estimates in q4, down yy. A financial ratio used to compare a companys current market price. Air lease trades on the new york stock exchange nyse under the ticker symbol al. Air lease declared a quarterly dividend on friday, february 14th.
Find the latest price book value for air lease corporation al. This multiple is used to compare a companys market value with its earnings. That sounds simple, but on the question of value becker adds, there is no way to know the book value of any lessor, thats why most sell at a discount to book value. New york stock quote air lease corp bloomberg markets. The second way, using per share values, is to divide the companys current share price by the book value per share. It focuses on purchasing new commercial jet transport aircraft directly from aircraft manufacturers, and leasing those. Find the latest book value per share for delta air lines, inc. Book value per common share is a measure used by owners of common shares in a firm to determine the level of safety associated with each individual share after all debts are paid accordingly. Air lease al beats on earnings in q3, increases dividend.
Ebitda minus depreciation, and amortization da equals ebit. The risks and competition for air lease are the same as for aercap. Computing the book value of preferred stock is slightly different than computing common stocks value because preferred. Find out all the key statistics for air lease corporation 6. Apr 15, 2020 book value per common share is a measure used by owners of common shares in a firm to determine the level of safety associated with each individual share after all debts are paid accordingly.
Find out all the key statistics for air lease corporation al, including valuation measures. Air lease s ebitda per share for the three months ended in dec. Like aercap, air lease has also been growing its book value over the years. But the stocks may now reflect those lower leasing returns. Get the latest air lease stock price and detailed information including news, historical charts and realtime prices. Air lease, fly leasing are two aviation stocks where. Apr 10, 2019 but the stocks may now reflect those lower leasing returns. Air lease is currently trading at a pricetobook value pbv of 1. Air lease corporation stock real investment advice. Tangible book value per share is calculated as the total tangible equity divided by. Al announced an update on deliveries, sales and new significant financing occurring in the first quarter of 2020. The book value is essentially the tangible accounting value of a firm.
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