P/E ratio for Hawaiian Airlines (HA)
P/E ratio as of June 2024 (TTM): -3.19
According to Hawaiian Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.1941. At the end of 2022 the company had a P/E ratio of -2.19.
P/E ratio history for Hawaiian Airlines from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.19 | -65.75% |
| 2021 | -6.40 | 300.68% |
| 2020 | -1.60 | -125.8% |
| 2019 | 6.19 | 8.56% |
| 2018 | 5.70 | -1.23% |
| 2017 | 5.78 | -53.8% |
| 2016 | 12.5 | 19.23% |
| 2015 | 10.5 | -48.89% |
| 2014 | 20.5 | 113% |
| 2013 | 9.63 | 50.97% |
| 2012 | 6.38 | -106.6% |
| 2011 | -96.7 | -2750.94% |
| 2010 | 3.65 | 18.25% |
| 2009 | 3.08 | -71.48% |
| 2008 | 10.8 | -68.2% |
| 2007 | 34.0 | -696.73% |
| 2006 | -5.70 | -47.16% |
| 2005 | -10.8 | -62.11% |
| 2004 | -28.5 | 480.59% |
| 2003 | -4.90 | 322.89% |
| 2002 | -1.16 | -102.61% |
| 2001 | 44.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alaska Airlines
ALK | 32.5 | -1,118.99% | 🇺🇸 USA |
 American Airlines AAL | 4.63 | -245.00% | 🇺🇸 USA |
 Delta Air Lines DAL | 9.43 | -395.25% | 🇺🇸 USA |
 Southwest Airlines LUV | 34.2 | -1,171.63% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 5.96 | -286.64% | 🇺🇸 USA |
 SkyWest SKYW | -166 | 5,093.07% | 🇺🇸 USA |
 Jetblue Airways
JBLU | -9.86 | 208.60% | 🇺🇸 USA |
 Allegiant Air
ALGT | 5.84 | -282.77% | 🇺🇸 USA |
 Spirit Airlines
SAVE | -0.7122 | -77.70% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.