P/E ratio for Jetblue Airways (JBLU)
P/E ratio as of October 2023 (TTM): 57.0
According to Jetblue Airways 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 57. 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 | -25.0 | 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alaska Airlines
ALK | 29.2 | -48.72% | 🇺🇸 USA |
 American Airlines AAL | 3.20 | -94.39% | 🇺🇸 USA |
 Delta Air Lines DAL | 7.90 | -86.15% | 🇺🇸 USA |
 Southwest Airlines LUV | 27.8 | -51.27% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 5.19 | -90.89% | 🇺🇸 USA |
 SkyWest SKYW | -613 | -1,174.69% | 🇺🇸 USA |
 Allegiant Air
ALGT | 9.57 | -83.22% | 🇺🇸 USA |
 Spirit Airlines
SAVE | -4.24 | -107.44% | 🇺🇸 USA |
 Hawaiian Airlines HA | -1.97 | -103.46% | 🇺🇸 USA |
 GOL Airlines GOL | -5.22 | -109.16% | 🇧🇷 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.