P/E ratio for Copa Holdings (CPA)
P/E ratio as of March 2023 (TTM): 9.38
According to Copa Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.37582. At the end of 2021 the company had a P/E ratio of 87.9.
P/E ratio history for Copa Holdings from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 87.9 | -1703.19% |
| 2020 | -5.49 | -129.54% |
| 2019 | 18.6 | -50.69% |
| 2018 | 37.7 | 145.24% |
| 2017 | 15.4 | 35.93% |
| 2016 | 11.3 | -1.45% |
| 2015 | 11.5 | -7.42% |
| 2014 | 12.4 | -25.37% |
| 2013 | 16.6 | 22.62% |
| 2012 | 13.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Airlines AAL | -5.40 | -157.63% | 🇺🇸 USA |
 Delta Air Lines DAL | 262 | 2,689.09% | 🇺🇸 USA |
 United Airlines Holdings
UAL | -17.3 | -284.98% | 🇺🇸 USA |
 Jetblue Airways
JBLU | -4.10 | -143.70% | 🇺🇸 USA |
 Volaris
VLRS | -35.9 | -483.40% | 🇲🇽 Mexico |
 GOL Airlines GOL | -9.19 | -198.00% | 🇧🇷 Brazil |
 China Eastern Airlines
CEA | -2.89 | -130.87% | 🇨🇳 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.