According to Jetblue Airways 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.79464. At the end of 2022 the company had a P/E ratio of -5.79.
Year | P/E ratio | Change |
---|---|---|
2022 | -5.79 | -76.84% |
2021 | -25.0 | 747.07% |
2020 | -2.95 | -130.41% |
2019 | 9.70 | -63.16% |
2018 | 26.3 | 310.12% |
2017 | 6.42 | -34.14% |
2016 | 9.75 | -7.47% |
2015 | 10.5 | -9.66% |
2014 | 11.7 | -19.43% |
2013 | 14.5 | 17.3% |
2012 | 12.3 | -28.81% |
2011 | 17.3 | -8.22% |
2010 | 18.9 | -23.76% |
2009 | 24.8 | -225.61% |
2008 | -19.7 | -136.77% |
2007 | 53.6 | -98.35% |
2006 | > 1000 | -2846.59% |
2005 | -118 | -334.37% |
2004 | 50.5 | 100.81% |
2003 | 25.1 | 150.76% |
2002 | 10.0 |
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.