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Mesa Air
MESA
#6573
Rank
$94.58 M
Marketcap
$2.34
Share price
2.63%
Change (1 day)
-46.70%
Change (1 year)

P/E ratio for Mesa Air (MESA)

P/E ratio as of March 2023 (TTM): -0.4724

According to Mesa Air's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.472449. At the end of 2021 the company had a P/E ratio of -17.0.

P/E ratio history for Mesa Air from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-17.0-320.68%
20207.69-2.8%
20197.917.74%
20187.34

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.6-6,789.25%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.4724 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0941-80.08%๐Ÿ‡จ๐Ÿ‡ฑ Chile

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.