P/E ratio for Alaska Airlines (ALK)

P/E ratio history for Alaska Airlines from 2001 to 2026

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
American Airlines AAL	57.8	-35.51%	🇺🇸 USA
Delta Air Lines DAL	13.4	-85.00%	🇺🇸 USA
Southwest Airlines LUV	31.8	-64.52%	🇺🇸 USA
United Airlines Holdings UAL	11.8	-86.86%	🇺🇸 USA
SkyWest SKYW	9.06	-89.89%	🇺🇸 USA
Jetblue Airways JBLU	-3.10	-103.46%	🇺🇸 USA
Allegiant Air ALGT	-59.6	-166.53%	🇺🇸 USA
Hawaiian Airlines HA	-4.42	-104.93%	🇺🇸 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.