Delta Air Lines, Inc. DAL

84.94 2.18 2.63% as of 25 Sep
Market cap
$54.8B
P/E
14.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Delta Air Lines, Inc. (DAL) P/B ratio

As of 25 September 2026, Delta Air Lines, Inc. (DAL) trades at a P/B ratio of 2.5×. Over the past ten years it has ranged from 0.9× (May 2020) to 68.2× (April 2021); the current reading is higher than 32% of that period. That is above the Airlines industry median of 2.1× and above the Industrials sector median of 2.4×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 2.2× (14.95%)
FY2024 2.5× 8.94%
FY2023 2.3× (26.36%)
FY2022 3.2× (50.57%)
FY2021 6.4× (61.64%)
FY2020 16.7× 572.52%
FY2019 2.5× (1.60%)
FY2018 2.5× (22.73%)
FY2017 3.3× 7.81%
FY2016 3.0× (18.78%)

Quarterly

Period P/B ratio Change
Jun 2026 2.8× 31.99%
Mar 2026 2.1× (1.36%)
Dec 2025 2.2× 10.21%
Sep 2025 2.0× 6.92%
42 more quarters

Against its own ten years

Low 0.9× High 68.2×
Ten-year median 2.9×
Current reading's percentile 32

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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