Jetblue Airways
JBLU
#3268
Rank
$2.98 B
Marketcap
$9.22
Share price
11.76%
Change (1 day)
-37.41%
Change (1 year)

P/E ratio for Jetblue Airways (JBLU)

P/E ratio as of February 2023 (TTM): -5.80

According to Jetblue Airways 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.79874. At the end of 2021 the company had a P/E ratio of -25.0.

P/E ratio history for Jetblue Airways from 2003 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-25.0747.07%
2020-2.95-130.41%
20199.70-63.16%
201826.3310.12%
20176.42-34.14%
20169.75-7.47%
201510.5-9.66%
201411.7-19.43%
201314.517.3%
201212.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
128-2,299.98%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.85 18.15%๐Ÿ‡บ๐Ÿ‡ธ USA
19.4-434.02%๐Ÿ‡บ๐Ÿ‡ธ USA
26.3-553.55%๐Ÿ‡บ๐Ÿ‡ธ USA
23.2-500.51%๐Ÿ‡บ๐Ÿ‡ธ USA
8.86-252.83%๐Ÿ‡บ๐Ÿ‡ธ USA
-46.7 705.17%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.86 1.14%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.25-61.25%๐Ÿ‡บ๐Ÿ‡ธ USA
-13.4 131.10%๐Ÿ‡ง๐Ÿ‡ท Brazil

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.