P/E ratio for Volaris (VLRS)
P/E ratio as of April 2024 (TTM): -12.9
According to Volaris 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.8689. At the end of 2022 the company had a P/E ratio of -29.9.
P/E ratio history for Volaris from 2022 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -29.9 | |
| 2020 | -164 | -210.81% |
| 2019 | 148 | -61.54% |
| 2018 | 385 | -180.23% |
| 2017 | -479 | -406.58% |
| 2016 | 156 | -19.18% |
| 2015 | 193 | -47.4% |
| 2014 | 368 | -53.66% |
| 2013 | 794 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alaska Airlines
ALK | 35.3 | -374.07% | 🇺🇸 USA |
 American Airlines AAL | 5.68 | -144.11% | 🇺🇸 USA |
 Delta Air Lines DAL | 8.99 | -169.89% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 5.89 | -145.75% | 🇺🇸 USA |
 GOL Airlines GOL | -2.52 | -80.45% | 🇧🇷 Brazil |
 Copa Holdings
CPA | 11.5 | -189.57% | 🇵🇦 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.