P/E ratio for LATAM Airlines (LTM.SN)
P/E ratio as of April 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% |
| 2019 | 580 | |
| 2015 | -241 | -46.61% |
| 2014 | -451 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Southwest Airlines LUV | 35.3 | 1,689.77% | 🇺🇸 USA |
 Mesa Air MESA | -0.1643 | -108.33% | 🇺🇸 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.