Chorus Aviation
CHR.TO
#7147
Rank
โ‚น33.46 B
Marketcap
โ‚น175.12
Share price
0.68%
Change (1 day)
7.42%
Change (1 year)
Chorus Aviation is a Canadian holding company which owns regional airlines Jazz Aviation LP and Voyageur Airways as well as lessor Chorus Aviation Capital.

P/E ratio for Chorus Aviation (CHR.TO)

P/E ratio as of December 2024 (TTM): 13.9

According to Chorus Aviation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.8692. At the end of 2023 the company had a P/E ratio of 7.53.

P/E ratio history for Chorus Aviation from 2016 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20237.53-69.79%
202224.9-189.28%
2021-27.9-296.17%
202014.249.15%
20199.54-18.27%
201811.764.52%
20177.10-10.69%
20167.95

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.