SKYW Skywest PE ratio, current and historical analysis
As at Nov 21, 2024, the SKYW stock has a PE ratio of 18.2. This is based on the current EPS of $6.02 and the stock price of $109.56 per share. A decrease of 41% has been recorded in the P/E ratio compared to the average of 31.1 of the last 4 quarters.
SKYW PE ratio history
The mean historical PE ratio of Skywest over the last ten years is 17.38. The current 18.2 PE ratio is 4.7% 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.
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
SKYW's current P/E ratio is above the 10-year historical average, but it is lower than the 3 and 5-year averages.
SKYW PE vs peers
Compared to its peers AAL and ALK, SKYW's PE ratio stands lower, however it is higher than DAL's and UAL's. Skywest is presently trading at a lower PE ratio (18.2) than its peer group average of 18.8.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DAL Delta Air Lines Inc | 8.72 | $40.87B |
| UAL United Airlines Holdings Inc | 11.25 | $31.05B |
| SKYW Skywest Inc | 18.2 | $4.42B |
| ALK Alaska Air Group Inc | 20.59 | $6.64B |
| AAL American Airlines Group Inc | 34.63 | $9.33B |
| LUV Southwest Airlines Co | N/A | $19.07B |
| JBLU Jetblue Airways Corp | N/A | $2.13B |
| ALGT Allegiant Travel CO | N/A | $1.38B |
Frequently asked questions
What is Skywest's PE ratio?
As of Nov 21, 2024, SKYW stock has a price to earnings ratio of 18.2.
What is the 3-year average PE ratio for Skywest (SKYW)?
The 3-year average PE ratio for SKYW stock is 22.3.
What is the 5-year average PE ratio for Skywest (SKYW)?
The 5-year average PE ratio for SKYW stock is 20.47.
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 4.7% 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 (Nov 21, 2024), Skywest's stock price is $109.56. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.02. Therefore, Skywest's P/E ratio for today is 18.2. PE RATIO(18.2) = STOCK PRICE($109.56) / TTM EPS($6.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.