Southwest Airlines Co.
2.86xPrice / tangible book
Market cap
$19.20B
Tangible equity (USD)
$6.72B
Price / tangible book
2.86x
Price / book
2.41x
Net income / ending equity
5.5%
Net income / ending assets
1.5%
Efficiency ratio
—
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 ·
Decision snapshot: LUV stock price at premium vs HRB $39.24 current versus $6.30 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at HRB's multiple
Implied fair value · at LUV's multiple
Snapshot Sep 11, 2026, 4:00 PM ET
Metric by metric
Filter, sort, and scan the equity metrics that matter most for banks: book value, tangible book, returns, and operating efficiency.
Multiple discount
Lower is better
Profitability lag
Asset efficiency lag
Lower is better
Statements
Reported bank earnings and balances, with each company’s reporting period shown.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
16 period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
Tangible book and profitability anchor a bank, not enterprise value.
Deposits and cash-like balances distort enterprise value for banks, so this section reads equity value, tangible book and profitability instead.
Price / tangible book
Market cap
$19.20B
Tangible equity (USD)
$6.72B
Price / tangible book
2.86x
Price / book
2.41x
Net income / ending equity
5.5%
Net income / ending assets
1.5%
Efficiency ratio
—
Price / book
Market cap
$5.56B
Tangible equity (USD)
-$962.04M
Price / tangible book
—
Price / book
47.34x
Net income / ending equity
624.4%
Net income / ending assets
22.5%
Efficiency ratio
—
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
SOUTHWEST AIRLINES CO. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
H&R Block, Inc. · implied price per share
Bank model off — standard DCF modelling is disabled for financial institutions.
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
Comparable set
Where the pair sits against the wider banking comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
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LUV vs AAL
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LUV vs DAL
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LUV vs UAL
JETBLUE AIRWAYS CORP
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ALASKA AIR GROUP, INC.
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Allegiant Travel CO
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INTUIT INC.
LUV vs INTU
AUTOMATIC DATA PROCESSING INC
LUV vs ADP
PAYCHEX INC
LUV vs PAYX
Block, Inc.
LUV vs SQ
Blucora, Inc.
LUV vs BCOR
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
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