P/E ratio for Allegiant Air (ALGT)

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

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Alaska Airlines ALK	47.5	-1,038.90%	🇺🇸 USA
American Airlines AAL	67.3	-1,429.07%	🇺🇸 USA
Delta Air Lines DAL	7.86	-255.18%	🇺🇸 USA
Southwest Airlines LUV	49.5	-1,076.84%	🇺🇸 USA
United Airlines Holdings UAL	9.14	-280.49%	🇺🇸 USA
SkyWest SKYW	8.77	-273.16%	🇺🇸 USA
Jetblue Airways JBLU	-3.42	-32.37%	🇺🇸 USA
Spirit Airlines SAVEQ	-0.0616	-98.78%	🇺🇸 USA
Hawaiian Airlines HA	-4.42	-12.65%	🇺🇸 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.