According to SkyWest's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -188.17. At the end of 2022 the company had a P/E ratio of 11.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 11.4 | -35.68% |
2021 | 17.7 | -107.47% |
2020 | -237 | -2547.12% |
2019 | 9.69 | 17.88% |
2018 | 8.22 | 28.33% |
2017 | 6.41 | -154.65% |
2016 | -11.7 | -242.96% |
2015 | 8.20 | -128.4% |
2014 | -28.9 | -321.92% |
2013 | 13.0 | 4.4% |
2012 | 12.5 | -152.23% |
2011 | -23.9 | -364.22% |
2010 | 9.03 | -19.96% |
2009 | 11.3 | 18.26% |
2008 | 9.54 | -9.77% |
2007 | 10.6 | -3.45% |
2006 | 10.9 | -20.52% |
2005 | 13.8 | -2.49% |
2004 | 14.1 | -8.53% |
2003 | 15.4 | 57.16% |
2002 | 9.83 |
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.