Back to ALGT overview

ALGT Allegiant Travel PE ratio, current and historical analysis

The price-to-earnings ratio for Allegiant Travel stock stands at 8.08 as of Feb 23, 2024. This results from the current EPS of $9.37 and stock price of $75.74. A decrease of 94% has been recorded in the PE ratio compared to the average of 133.6 of the past 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 32.96. The current 8.08 price-to-earnings ratio is 75% 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
32.96
Median
13.54
Minimum
8.2
Maximum
485.64

Allegiant Travel PE ratio by year

Maximum annual increase: 2,156.69% in 2022

Maximum annual decrease: -58.08% in 2015

Year PE ratio Change
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%
2013 21.74 21.45%

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
81.9
5-year avg
56.83
10-year avg
32.96
15-year avg
26.96

ALGT PE vs peers

What is ALGT's PE ratio compared to its peers

When compared to its peers LUV and AAL, 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 17.46.

Stock name PE ratio Market cap
UAL United Airlines Holdings Inc 5.2 $14.93B
DAL Delta Air Lines Inc 5.79 $26.84B
ALGT Allegiant Travel CO 8.08 $1.39B
AAL American Airlines Group Inc 12.01 $9.91B
ALK Alaska Air Group Inc 21.01 $4.87B
LUV Southwest Airlines Co 43.31 $20.16B
SKYW Skywest Inc 77.55 $2.43B
JBLU Jetblue Airways Corp N/A $2.17B
HA Hawaiian Holdings Inc N/A $724.51M
SAVE Spirit Airlines Inc N/A $703.94M

Frequently asked questions

What is Allegiant Travel's PE ratio?

ALGT stock has a price to earnings ratio of 8.08 as of Feb 23, 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 81.9.

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 56.83.

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 75% below its 10-year historical average.

Why is Allegiant Travel's PE ratio so low?

ALGT's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.

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 (Feb 23, 2024), Allegiant Travel's stock price is $75.74. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $9.37. Therefore, Allegiant Travel's price to earnings ratio for today is 8.08. PE RATIO(8.08) = STOCK PRICE($75.74) / TTM EPS($9.37)

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