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 |
|---|---|---|
| 2021 | 13.6 | -377.76% |
| 2020 | -4.91 | -145.15% |
| 2019 | 10.9 | -36.56% |
| 2018 | 17.1 | 84.44% |
| 2017 | 9.29 | -31.08% |
| 2016 | 13.5 | 10.54% |
| 2015 | 12.2 | -8.65% |
| 2014 | 13.4 | 32.14% |
| 2013 | 10.1 | 4.13% |
| 2012 | 9.70 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Airlines AAL | 79.7 | -11.70% | 🇺🇸 USA |
 Delta Air Lines DAL | 16.2 | -82.09% | 🇺🇸 USA |
 Southwest Airlines LUV | 31.6 | -65.00% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 19.3 | -78.62% | 🇺🇸 USA |
 SkyWest SKYW | 14.4 | -84.08% | 🇺🇸 USA |
 Jetblue Airways
JBLU | -6.34 | -107.02% | 🇺🇸 USA |
 Allegiant Air
ALGT | 985 | 991.07% | 🇺🇸 USA |
 Hawaiian Airlines HA | -1.97 | -102.18% | 🇺🇸 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.