Allegiant Air
ALGT
#5866
Rank
$0.99 B
Marketcap
$54.52
Share price
-6.95%
Change (1 day)
11.06%
Change (1 year)

P/E ratio for Allegiant Air (ALGT)

P/E ratio as of July 2025 (TTM): -4.76

According to Allegiant Air 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.75606. At the end of 2024 the company had a P/E ratio of -7.04.

P/E ratio history for Allegiant Air from 2007 to 2025

PE ratio at the end of each year

Year P/E ratio Change
2024-7.04-153.86%
202313.1-98.27%
20227553627.95%
202120.3-223.57%
2020-16.4-234.46%
201912.222.06%
20189.99
201612.6-2.95%
201513.0-58.36%
201431.144.05%
201321.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Jetblue Airways
JBLU
-5.34 12.18%๐Ÿ‡บ๐Ÿ‡ธ USA
SkyWest
SKYW
12.4-361.15%๐Ÿ‡บ๐Ÿ‡ธ USA
Alaska Airlines
ALK
18.8-495.24%๐Ÿ‡บ๐Ÿ‡ธ USA
Southwest Airlines
LUV
41.4-969.42%๐Ÿ‡บ๐Ÿ‡ธ USA
Delta Air Lines
DAL
9.84-306.96%๐Ÿ‡บ๐Ÿ‡ธ USA
Hawaiian Airlines
HA
-4.42-7.01%๐Ÿ‡บ๐Ÿ‡ธ USA
Spirit Airlines
SAVEQ
-0.0616-98.71%๐Ÿ‡บ๐Ÿ‡ธ USA
American Airlines
AAL
11.9-349.98%๐Ÿ‡บ๐Ÿ‡ธ USA
United Airlines Holdings
UAL
7.88-265.78%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.