The current PE ratio for Sun Country Airlines Holdings stock as of May 9, 2024 is 8.85. This is calculated based on the TTM EPS of $1.29 and the stock price of $11.42 per share. The PE ratio has decreased by 31% from its last 4 quarters average of 12.9.
The average historical PE ratio of Sun Country Airlines Holdings for the last four years is 165.3. The current price-to-earnings ratio of 8.85 is 95% less than the historical average. Analyzing the last four years, SNCY's PE ratio reached its highest point in the Mar 2021 quarter at 1,714, when the price was $34.28 and the EPS was $0.02. The lowest point was recorded in the Sep 2023 quarter, when it reached 11.24 with a price of $14.84 and an EPS of $1.32.
Maximum annual increase: 175.94% in 2022
Maximum annual decrease: -76.35% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.1 | -76.35% |
| 2022 | 51.16 | 175.94% |
| 2021 | 18.54 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
SNCY's current PE ratio is under its 3-year average.
SNCY's PE ratio is below its peer stock LUV.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SNCY Sun Country Airlines Holdings Inc | 9.06 | $615.03M |
| LUV Southwest Airlines Co | 41.14 | $16.25B |
| MESA Mesa Air Group Inc | N/A | $37.4M |
As of May 9, 2024, SNCY stock has a price to earnings ratio of 8.85.
As an average over the last 3 years, SNCY stock has a PE ratio of 36.24.
Over the last four years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 1,714.
The current PE ratio of SNCY is 95% lower than the 4-year historical average.
SNCY's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.85 is considered low.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 9, 2024), Sun Country Airlines Holdings's share price is $11.42. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.29. Therefore, Sun Country Airlines Holdings's price to earnings ratio for today is 8.85. PE RATIO(8.85) = STOCK PRICE($11.42) / TTM EPS($1.29)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.