P/E ratio for Ryanair (RYAAY)
P/E ratio as of April 2024 (TTM): 23.6
According to Ryanair's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.593. At the end of 2022 the company had a P/E ratio of 12.5.
P/E ratio history for Ryanair from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.5 | -127.31% |
| 2021 | -45.7 | 182.92% |
| 2020 | -16.1 | -194.53% |
| 2019 | 17.1 | 38.42% |
| 2018 | 12.3 | -15.94% |
| 2017 | 14.7 | 3.24% |
| 2016 | 14.2 | 4.23% |
| 2015 | 13.6 | -29.96% |
| 2014 | 19.5 | 2.41% |
| 2013 | 19.0 | 52.09% |
| 2012 | 12.5 | 8.32% |
| 2011 | 11.5 | -45.41% |
| 2010 | 21.2 | -11.36% |
| 2009 | 23.9 | -139.58% |
| 2008 | -60.3 | -460.18% |
| 2007 | 16.7 | -31.4% |
| 2006 | 24.4 | 12.41% |
| 2005 | 21.7 | 3.1% |
| 2004 | 21.1 | -17.13% |
| 2003 | 25.4 | 7.46% |
| 2002 | 23.6 | 41.05% |
| 2001 | 16.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Mastercard MA | 39.5 | 67.30% | 🇺🇸 USA |
 General Electric GE | 17.9 | -24.18% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 5.89 | -75.05% | 🇺🇸 USA |
 GOL Airlines GOL | -2.52 | -110.66% | 🇧🇷 Brazil |
 China Eastern Airlines
600115.SS | -1.94 | -108.22% | 🇨🇳 China |
 China Southern Airlines
600029.SS | -3.07 | -113.00% | 🇨🇳 China |
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.