Spirit Airlines, Inc. provides airline services. It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2021, the company had a fleet of 173 Airbus single-aisle aircraft. It sells tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various third parties, including online, traditional travel agents, and electronic global distribution systems. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.
P/B ratio for Spirit Airlines, Inc. (SAVE)
P/B ratio as of 2023: 1.58
According to Spirit Airlines, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.58. At the end of 2022 the company had a P/B ratio of 1.35.
P/B ratio history for Spirit Airlines, Inc. from 2008 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.58 |
| 2022 | 1.35 |
| 2021 | 1.09 |
| 2020 | 0.92 |
| 2019 | 1.22 |
| 2018 | 2.05 |
| 2017 | 1.75 |
| 2016 | 2.92 |
| 2015 | 2.35 |
| 2014 | 5.48 |
| 2013 | 4.29 |
| 2012 | 2.20 |
| 2011 | 1.78 |
| 2010 | -2.90 |
| 2009 | -1.68 |
| 2008 | -1.14 |