Volaris
VLRS
#5744
Rank
A$1.31 B
Marketcap
$11.40
Share price
2.99%
Change (1 day)
8.76%
Change (1 year)

P/E ratio for Volaris (VLRS)

P/E ratio as of November 2024 (TTM): -12.4

According to Volaris 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.4098. At the end of 2022 the company had a P/E ratio of -29.9.

P/E ratio history for Volaris from 2022 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2022-29.9
2020-164-210.81%
2019148-61.54%
2018385-180.23%
2017-479-406.58%
2016156-19.18%
2015193-47.4%
2014368-53.66%
2013794

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.51-144.43%๐Ÿ‡บ๐Ÿ‡ธ USA
40.5-426.10%๐Ÿ‡บ๐Ÿ‡ธ USA
11.3-190.98%๐Ÿ‡ต๐Ÿ‡ฆ Panama
9.78-178.81%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4-191.53%๐Ÿ‡บ๐Ÿ‡ธ USA
2.53-120.41%๐Ÿ‡ง๐Ÿ‡ท Brazil

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.