Delta Air Lines
DAL
#706
Rank
$25.58 B
Marketcap
$39.90
Share price
0.03%
Change (1 day)
-1.53%
Change (1 year)

P/E ratio for Delta Air Lines (DAL)

P/E ratio as of February 2023 (TTM): 19.4

According to Delta Air Lines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.3689. At the end of 2021 the company had a P/E ratio of 90.9.

P/E ratio history for Delta Air Lines from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202190.9-4509.7%
2020-2.06-125.9%
20197.96-9.75%
20188.82-28.01%
201712.244.65%
20168.47-4.96%
20158.91-86.05%
201463.92795.32%
20132.21-77.69%
20129.8925.94%
20117.85

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
128 558.64%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.85-135.37%๐Ÿ‡บ๐Ÿ‡ธ USA
26.3 35.78%๐Ÿ‡บ๐Ÿ‡ธ USA
23.2 19.91%๐Ÿ‡บ๐Ÿ‡ธ USA
8.86-54.24%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.80-129.94%๐Ÿ‡บ๐Ÿ‡ธ USA
-46.7-341.05%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.86-130.28%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.25-111.60%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.89-114.94%๐Ÿ‡จ๐Ÿ‡ณ 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.