P/E ratio for Volaris (VLRS)
P/E ratio as of February 2023 (TTM): -21.3
According to Volaris 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -21.2811. At the end of 2020 the company had a P/E ratio of -163.
P/E ratio history for Volaris from 2013 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | -163 | -209.94% |
| 2019 | 148 | -163.06% |
| 2018 | -235 | -47.62% |
| 2017 | -449 | -386.91% |
| 2016 | 156 | -19.29% |
| 2015 | 194 | -46.81% |
| 2014 | 364 | -46.97% |
| 2013 | 687 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alaska Airlines
ALK | 128 | -699.46% | 🇺🇸 USA |
 American Airlines AAL | -6.85 | -67.81% | 🇺🇸 USA |
 Delta Air Lines DAL | 19.4 | -191.01% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 23.2 | -209.13% | 🇺🇸 USA |
 GOL Airlines GOL | -13.4 | -37.03% | 🇧🇷 Brazil |
 Copa Holdings
CPA | 10.2 | -147.98% | 🇵🇦 Panama |
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.