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SKYW Skywest PE ratio, current and historical analysis

As at Jun 20, 2024, the SKYW stock has a PE ratio of 28.28. This is based on the current EPS of $2.82 and the stock price of $79.76 per share.

SKYW PE ratio history

How has SKYW's PE ratio performed in the past

The mean historical PE ratio of Skywest over the last ten years is 17.89. The current 28.28 PE ratio is 58% 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.

Average
17.89
Median
9.74
Minimum
4.71
Maximum
85.94

Skywest PE ratio by year

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 average PE ratio chart

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

SKYW's current P/E ratio is above the 3, 5 and 10-year historical averages.

3-year avg
25.68
5-year avg
19.56
10-year avg
17.89
15-year avg
16.29

SKYW PE vs peers

What is SKYW's PE ratio compared to its peers

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 (28.28) than its peer group average of 17.98.

Stock name PE ratio Market cap
UAL United Airlines Holdings Inc 5.88 $15.84B
DAL Delta Air Lines Inc 6.31 $31.87B
AAL American Airlines Group Inc 14.55 $7.35B
ALGT Allegiant Travel CO 16.66 $963.12M
ALK Alaska Air Group Inc 21.67 $5.23B
SKYW Skywest Inc 28.17 $3.2B
LUV Southwest Airlines Co 42.97 $16.97B
HA Hawaiian Holdings Inc N/A $654.85M
SAVE Spirit Airlines Inc N/A $424.87M
JBLU Jetblue Airways Corp N/A $1.95B

Frequently asked questions

What is Skywest's PE ratio?

As of Jun 20, 2024, SKYW stock has a price to earnings ratio of 28.28.

What is the 3-year average PE ratio for Skywest (SKYW)?

The 3-year average PE ratio for SKYW stock is 25.68.

What is the 5-year average PE ratio for Skywest (SKYW)?

The 5-year average PE ratio for SKYW stock is 19.56.

What is the highest PE ratio for SKYW?

Over the last ten years, the quarterly PE ratio reached a historic high of 85.94 in the Mar 2015 quarter.

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

SKYW's current price to earnings ratio is 58% above its 10-year historical average.

How is SKYW's PE ratio calculated (Skywest PE ratio formula)?

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 (Jun 20, 2024), Skywest's stock price is $79.76. 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 28.28. PE RATIO(28.28) = STOCK PRICE($79.76) / TTM EPS($2.82)

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