P/E ratio for SkyWest (SKYW)
P/E ratio as of May 2024 (TTM): -163
According to SkyWest's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -163.34. At the end of 2022 the company had a P/E ratio of 11.4.
P/E ratio history for SkyWest from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.4 | -35.68% |
| 2021 | 17.7 | -107.47% |
| 2020 | -237 | -2547.12% |
| 2019 | 9.69 | 17.88% |
| 2018 | 8.22 | 28.33% |
| 2017 | 6.41 | -154.65% |
| 2016 | -11.7 | -242.96% |
| 2015 | 8.20 | -128.4% |
| 2014 | -28.9 | -321.92% |
| 2013 | 13.0 | 4.4% |
| 2012 | 12.5 | -152.23% |
| 2011 | -23.9 | -364.22% |
| 2010 | 9.03 | -19.96% |
| 2009 | 11.3 | 18.26% |
| 2008 | 9.54 | -9.77% |
| 2007 | 10.6 | -3.45% |
| 2006 | 10.9 | -20.52% |
| 2005 | 13.8 | -2.49% |
| 2004 | 14.1 | -8.53% |
| 2003 | 15.4 | 57.16% |
| 2002 | 9.83 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alaska Airlines
ALK | 34.3 | -121.03% | 🇺🇸 USA |
 American Airlines AAL | 5.99 | -103.67% | 🇺🇸 USA |
 Delta Air Lines DAL | 9.87 | -106.04% | 🇺🇸 USA |
 Southwest Airlines LUV | 33.7 | -120.64% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 6.27 | -103.84% | 🇺🇸 USA |
 Jetblue Airways
JBLU | -10.9 | -93.32% | 🇺🇸 USA |
 Allegiant Air
ALGT | 5.88 | -103.60% | 🇺🇸 USA |
 Spirit Airlines
SAVE | -0.7857 | -99.52% | 🇺🇸 USA |
 Hawaiian Airlines HA | -3.34 | -97.95% | 🇺🇸 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.