P/E ratio for Copa Holdings (CPA)
P/E ratio as of December 2023 (TTM): 11.4
According to Copa Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.3737. At the end of 2022 the company had a P/E ratio of 9.63.
P/E ratio history for Copa Holdings from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.63 | -88.01% |
| 2021 | 80.3 | -28.3% |
| 2020 | 112 | 502.72% |
| 2019 | 18.6 | -50.93% |
| 2018 | 37.8 | 139.08% |
| 2017 | 15.8 | 38.01% |
| 2016 | 11.5 | -225.24% |
| 2015 | -9.16 | -173.96% |
| 2014 | 12.4 | -25.37% |
| 2013 | 16.6 | 22.62% |
| 2012 | 13.5 | 61.08% |
| 2011 | 8.40 | -21.61% |
| 2010 | 10.7 | 2.39% |
| 2009 | 10.5 | -6.61% |
| 2008 | 11.2 | 12.42% |
| 2007 | 9.97 | -32.99% |
| 2006 | 14.9 | 5.5% |
| 2005 | 14.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Airlines AAL | 5.63 | -50.49% | 🇺🇸 USA |
 Delta Air Lines DAL | 7.58 | -33.33% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 4.72 | -58.47% | 🇺🇸 USA |
 Jetblue Airways
JBLU | -9.73 | -185.57% | 🇺🇸 USA |
 Volaris
VLRS | -13.9 | -222.51% | 🇲🇽 Mexico |
 GOL Airlines GOL | -3.26 | -128.68% | 🇧🇷 Brazil |
 China Eastern Airlines
600115.SS | -2.26 | -119.83% | 🇨🇳 China |
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.