As at Jul 25, 2024, the SKYW stock has a PE ratio of 29.96. This is based on the current EPS of $2.82 and the stock price of $84.48 per share.
The mean historical PE ratio of Skywest over the last ten years is 17.89. The current 29.96 PE ratio is 67% above the historical average. In the past ten years, SKYW's PE ratio was at its highest in the Mar 2015 quarter at 85.94, with a price of $14.61 and an EPS of $0.17. The Mar 2020 quarter recorded the bottom point at 4.71, with a price of $26.19 and an EPS of $5.56.
Maximum annual increase: 483.44% in 2023
Maximum annual decrease: -35.2% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 66.92 | 483.44% |
| 2022 | 11.47 | -35.2% |
| 2021 | 17.7 | N/A |
| 2020 | N/A | N/A |
| 2019 | 9.68 | 17.48% |
| 2018 | 8.24 | 28.55% |
| 2017 | 6.41 | N/A |
| 2016 | N/A | N/A |
| 2015 | 8.23 | N/A |
| 2014 | N/A | N/A |
SKYW's current P/E ratio is above the 3, 5 and 10-year historical averages.
Compared to its peer LUV, SKYW's PE ratio stands lower, however it is higher than DAL's and UAL's. Skywest is presently trading at a higher PE ratio (29.96) than its peer group average of 17.37.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UAL United Airlines Holdings Inc | 5.31 | $15.58B |
| DAL Delta Air Lines Inc | 6.3 | $28.48B |
| ALGT Allegiant Travel CO | 16.72 | $966.13M |
| ALK Alaska Air Group Inc | 20.77 | $5.01B |
| SKYW Skywest Inc | 27.22 | $3.09B |
| LUV Southwest Airlines Co | 41.26 | $16.3B |
| HA Hawaiian Holdings Inc | N/A | $644.48M |
| SAVE Spirit Airlines Inc | N/A | $324.12M |
| JBLU Jetblue Airways Corp | N/A | $2.11B |
| AAL American Airlines Group Inc | N/A | $6.97B |
As of Jul 25, 2024, SKYW stock has a price to earnings ratio of 29.96.
The 3-year average PE ratio for SKYW stock is 25.68.
The 5-year average PE ratio for SKYW stock is 20.22.
Over the last ten years, the quarterly PE ratio reached a historic high of 85.94 in the Mar 2015 quarter.
SKYW's current price to earnings ratio is 67% above its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Skywest's stock price is $84.48. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.82. Therefore, Skywest's P/E ratio for today is 29.96. PE RATIO(29.96) = STOCK PRICE($84.48) / TTM EPS($2.82)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.