P/E ratio for SkyWest (SKYW)
P/E ratio as of March 2023 (TTM): 14.4
According to SkyWest's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.3724. At the end of 2021 the company had a P/E ratio of 17.7.
P/E ratio history for SkyWest from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | -152.45% |
| 2011 | -23.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alaska Airlines
ALK | 90.3 | 528.21% | 🇺🇸 USA |
 American Airlines AAL | 79.7 | 454.69% | 🇺🇸 USA |
 Delta Air Lines DAL | 16.2 | 12.54% | 🇺🇸 USA |
 Southwest Airlines LUV | 31.6 | 119.89% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 19.3 | 34.29% | 🇺🇸 USA |
 Jetblue Airways
JBLU | -6.34 | -144.11% | 🇺🇸 USA |
 Allegiant Air
ALGT | 985 | 6,754.19% | 🇺🇸 USA |
 Spirit Airlines
SAVE | -3.33 | -123.14% | 🇺🇸 USA |
 Hawaiian Airlines HA | -1.97 | -113.70% | 🇺🇸 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.