Southwest Airlines
LUV
#813
Rank
$21.86 B
Marketcap
$36.82
Share price
3.34%
Change (1 day)
-16.87%
Change (1 year)

P/E ratio for Southwest Airlines (LUV)

P/E ratio as of February 2023 (TTM): 26.3

According to Southwest Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.3. At the end of 2021 the company had a P/E ratio of 26.0.

P/E ratio history for Southwest Airlines from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202126.0-395.79%
2020-8.78-169.76%
201912.616.68%
201810.8-3.77%
201711.2-19.5%
201613.96.69%
201513.0-49.13%
201425.644.31%
201317.8-2.8%
201218.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
128 385.06%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.85-126.05%๐Ÿ‡บ๐Ÿ‡ธ USA
19.4-26.35%๐Ÿ‡บ๐Ÿ‡ธ USA
23.2-11.69%๐Ÿ‡บ๐Ÿ‡ธ USA
8.86-66.30%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.80-122.05%๐Ÿ‡บ๐Ÿ‡ธ USA
-46.7-277.53%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.86-122.30%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.25-108.54%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.