Another valuation metric that we should highlight is CPA's P/B ratio of 1.73. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 3.47. Over the past 12 months, CPA's P/B has been as high as 3.04 and as low as 1.55, with a median of 1.86. Furthermore, SkyWest holds a P/B ratio of 1.56 and its industry's price-to-book ratio is 3.47. SKYW's P/B has ...