Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, the company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2021, it owned a fleet of 382 aircraft, including 278 narrowbody aircraft and 104 widebody aircraft. The company was incorporated in 2010 and is headquartered in Los Angeles, California.
P/B ratio for Air Lease Corporation (AL)
P/B ratio as of 2023: 0.65
According to Air Lease Corporation's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.65. At the end of 2022 the company had a P/B ratio of 0.65.
P/B ratio history for Air Lease Corporation from 2010 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.65 |
| 2022 | 0.65 |
| 2021 | 0.72 |
| 2020 | 0.83 |
| 2019 | 0.95 |
| 2018 | 0.70 |
| 2017 | 1.20 |
| 2016 | 1.04 |
| 2015 | 1.14 |
| 2014 | 1.26 |
| 2013 | 1.25 |
| 2012 | 0.93 |
| 2011 | 0.98 |
| 2010 | 0.00 |