According to Allegiant Air 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4345. At the end of 2022 the company had a P/E ratio of 755.
Year | P/E ratio | Change |
---|---|---|
2022 | 755 | 3405.81% |
2021 | 21.5 | -231.4% |
2020 | -16.4 | -234.46% |
2019 | 12.2 | 22.06% |
2018 | 9.99 | -21.81% |
2017 | 12.8 | 1.52% |
2016 | 12.6 | -2.88% |
2015 | 13.0 | -58.36% |
2014 | 31.1 | 44.05% |
2013 | 21.6 | 20.67% |
2012 | 17.9 | -13.06% |
2011 | 20.6 | 40.53% |
2010 | 14.7 | 18.37% |
2009 | 12.4 | -55.65% |
2008 | 27.9 | 35.49% |
2007 | 20.6 | -9.69% |
2006 | 22.8 |
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.