SkyWest
SKYW
#3403
Rank
$3.13 B
Marketcap
$77.96
Share price
-1.84%
Change (1 day)
120.91%
Change (1 year)

P/E ratio for SkyWest (SKYW)

P/E ratio as of June 2024 (TTM): -169

According to SkyWest's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -168.979. At the end of 2022 the company had a P/E ratio of 11.4.

P/E ratio history for SkyWest from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.4-35.68%
202117.7-107.47%
2020-237-2547.12%
20199.6917.88%
20188.2228.33%
20176.41-154.65%
2016-11.7-242.96%
20158.20-128.4%
2014-28.9-321.92%
201313.04.4%
201212.5-152.23%
2011-23.9-364.22%
20109.03-19.96%
200911.318.26%
20089.54-9.77%
200710.6-3.45%
200610.9-20.52%
200513.8-2.49%
200414.1-8.53%
200315.457.16%
20029.83

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
32.9-119.50%๐Ÿ‡บ๐Ÿ‡ธ USA
4.66-102.76%๐Ÿ‡บ๐Ÿ‡ธ USA
9.52-105.63%๐Ÿ‡บ๐Ÿ‡ธ USA
34.3-120.28%๐Ÿ‡บ๐Ÿ‡ธ USA
6.06-103.59%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.2-93.94%๐Ÿ‡บ๐Ÿ‡ธ USA
5.73-103.39%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.7224-99.57%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.21-98.10%๐Ÿ‡บ๐Ÿ‡ธ 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.