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ALGT Allegiant Travel PE ratio, current and historical analysis

The price-to-earnings ratio for Allegiant Travel stock stands at 15.2 as of Jul 22, 2024. This results from the current EPS of $3.17 and stock price of $48.18. The current PE ratio is nearly equal to the average from the previous four quarters.

ALGT PE ratio history

How has ALGT's PE ratio performed in the past

Over the last ten years, the average PE ratio of Allegiant Travel has been 32.77. The current 15.2 price-to-earnings ratio is 54% less than the historical average. In the past ten years, ALGT's PE ratio reached its highest point in the Dec 2022 quarter at 485.64, with a price of $67.99 and an EPS of $0.14. The Sep 2023 quarter saw the lowest point at 8.2, with a price of $76.86 and an EPS of $9.37.

Average
32.77
Median
13.23
Minimum
8.2
Maximum
485.64

Allegiant Travel PE ratio by year

Maximum annual increase: 2,156.69% in 2022

Maximum annual decrease: -97.31% in 2023

Year PE ratio Change
2023 13.07 -97.31%
2022 485.64 2,156.69%
2021 21.52 N/A
2020 N/A N/A
2019 12.2 22%
2018 10 -21.57%
2017 12.75 2%
2016 12.5 -3.4%
2015 12.94 -58.08%
2014 30.87 42%

ALGT average PE ratio chart

What is the average PE ratio of ALGT for the past years

The current PE ratio of ALGT is lower than the 3, 5 and 10-year averages.

3-year avg
68.99
5-year avg
57.64
10-year avg
32.77
15-year avg
27.13

ALGT PE vs peers

What is ALGT's PE ratio compared to its peers

When compared to its peers LUV and ALK, ALGT's PE ratio is lower, but it is higher than DAL's and UAL's. Allegiant Travel's PE ratio is trading below the peer group average of 19.62.

Stock name PE ratio Market cap
UAL United Airlines Holdings Inc 5.46 $16.04B
DAL Delta Air Lines Inc 6.26 $28.34B
AAL American Airlines Group Inc 13.71 $6.93B
ALGT Allegiant Travel CO 15.23 $880.35M
ALK Alaska Air Group Inc 20.17 $4.86B
SKYW Skywest Inc 30.34 $3.44B
LUV Southwest Airlines Co 41.48 $16.39B
JBLU Jetblue Airways Corp N/A $2.03B
HA Hawaiian Holdings Inc N/A $705.92M
SAVE Spirit Airlines Inc N/A $304.96M

Frequently asked questions

What is Allegiant Travel's PE ratio?

ALGT stock has a price to earnings ratio of 15.2 as of Jul 22, 2024.

What is the 3-year average PE ratio for Allegiant Travel (ALGT)?

The average PE ratio for ALGT stock over the past 3 years is 68.99.

What is the 5-year average PE ratio for Allegiant Travel (ALGT)?

The average PE ratio for ALGT stock over the past 5 years is 57.64.

What is the highest PE ratio for ALGT?

In the last ten years, the Dec 2022 quarter recorded the highest quarterly PE ratio at 485.64.

How does the current PE ratio for ALGT compare to its historical average?

ALGT's price to earnings ratio is currently 54% below its 10-year historical average.

How is ALGT's PE ratio calculated (Allegiant Travel PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 22, 2024), Allegiant Travel's stock price is $48.18. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.17. Therefore, Allegiant Travel's price to earnings ratio for today is 15.2. PE RATIO(15.2) = STOCK PRICE($48.18) / TTM EPS($3.17)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.