P/E ratio for United Airlines Holdings (UAL)
P/E ratio as of December 2023 (TTM): 4.51
According to United Airlines Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.51077. At the end of 2022 the company had a P/E ratio of 16.7.
P/E ratio history for United Airlines Holdings from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.7 | -332.04% |
| 2021 | -7.21 | 315.18% |
| 2020 | -1.74 | -123.23% |
| 2019 | 7.48 | -30.21% |
| 2018 | 10.7 | 13.9% |
| 2017 | 9.41 | -10.36% |
| 2016 | 10.5 | 258.02% |
| 2015 | 2.93 | -86.67% |
| 2014 | 22.0 | -9.03% |
| 2013 | 24.2 | -326.57% |
| 2012 | -10.7 | -243.14% |
| 2011 | 7.46 | -23.73% |
| 2010 | 9.78 | -427.98% |
| 2009 | -2.98 | 1044.72% |
| 2008 | -0.2605 | -102.43% |
| 2007 | 10.7 | 4688.25% |
| 2006 | 0.2236 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alaska Airlines
ALK | 30.0 | 565.25% | 🇺🇸 USA |
 American Airlines AAL | 5.03 | 11.56% | 🇺🇸 USA |
 Delta Air Lines DAL | 6.94 | 53.89% | 🇺🇸 USA |
 Southwest Airlines LUV | 30.8 | 582.97% | 🇺🇸 USA |
 SkyWest SKYW | -101 | -2,330.13% | 🇺🇸 USA |
 Jetblue Airways
JBLU | -7.89 | -274.98% | 🇺🇸 USA |
 Allegiant Air
ALGT | 7.35 | 62.91% | 🇺🇸 USA |
 Spirit Airlines
SAVE | -3.02 | -167.05% | 🇺🇸 USA |
 Hawaiian Airlines HA | -1.10 | -124.46% | 🇺🇸 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.