The price-to-earnings ratio for Allegiant Travel stock stands at 16.09 as of Jul 25, 2024. This results from the current EPS of $3.17 and stock price of $51. An increase of 7% has been recorded in the PE ratio compared to the average of 15.1 of the past four quarters.
Over the last ten years, the average PE ratio of Allegiant Travel has been 32.77. The current 16.09 price-to-earnings ratio is 51% 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.
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% |
The current PE ratio of ALGT is lower than the 3, 5 and 10-year averages.
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 19.68.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UAL United Airlines Holdings Inc | 5.3 | $15.58B |
| DAL Delta Air Lines Inc | 6.3 | $28.48B |
| ALGT Allegiant Travel CO | 16.69 | $964.67M |
| ALK Alaska Air Group Inc | 20.77 | $5.01B |
| SKYW Skywest Inc | 27.21 | $3.09B |
| LUV Southwest Airlines Co | 41.26 | $16.3B |
| JBLU Jetblue Airways Corp | N/A | $2.11B |
| HA Hawaiian Holdings Inc | N/A | $645M |
| SAVE Spirit Airlines Inc | N/A | $324.12M |
| AAL American Airlines Group Inc | N/A | $6.97B |
ALGT stock has a price to earnings ratio of 16.09 as of Jul 25, 2024.
The average PE ratio for ALGT stock over the past 3 years is 68.99.
The average PE ratio for ALGT stock over the past 5 years is 57.64.
In the last ten years, the Dec 2022 quarter recorded the highest quarterly PE ratio at 485.64.
ALGT's price to earnings ratio is currently 51% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Allegiant Travel's stock price is $51. 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 16.09. PE RATIO(16.09) = STOCK PRICE($51) / TTM EPS($3.17)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.