LATAM Airlines
LTM.SN
#1962
Rank
$7.67 B
Marketcap
$0.01000
Share price
2.42%
Change (1 day)
0.00%
Change (1 year)

P/E ratio for LATAM Airlines (LTM.SN)

P/E ratio as of March 2024 (TTM): 1.97

According to LATAM Airlines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.97239. At the end of 2021 the company had a P/E ratio of -0.9590.

P/E ratio history for LATAM Airlines from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-0.9590-76.55%
2020-4.09-100.71%
2019580
2015-241-46.61%
2014-451

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
41.3 1,993.36%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.1631-108.27%๐Ÿ‡บ๐Ÿ‡ธ USA

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.