New screener: ๐Ÿฆ Banks ranked by their 5 year credit default swap [external link]
Alaska Airlines
ALK
#2326
Rank
$5.17 B
Marketcap
$40.63
Share price
2.06%
Change (1 day)
-30.42%
Change (1 year)

P/E ratio for Alaska Airlines (ALK)

P/E ratio as of March 2023 (TTM): 90.3

According to Alaska Airlines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 90.2889. At the end of 2021 the company had a P/E ratio of 13.6.

P/E ratio history for Alaska Airlines from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202113.6-377.76%
2020-4.91-145.15%
201910.9-36.56%
201817.184.44%
20179.29-31.08%
201613.510.54%
201512.2-8.65%
201413.432.14%
201310.14.13%
20129.70

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
79.7-11.70%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2-82.09%๐Ÿ‡บ๐Ÿ‡ธ USA
31.6-65.00%๐Ÿ‡บ๐Ÿ‡ธ USA
19.3-78.62%๐Ÿ‡บ๐Ÿ‡ธ USA
14.4-84.08%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.34-107.02%๐Ÿ‡บ๐Ÿ‡ธ USA
985 991.07%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.97-102.18%๐Ÿ‡บ๐Ÿ‡ธ 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.