The PE ratio for United Airlines Holdings stock stands at 6.43 as of Apr 24, 2024. This is calculated based on the TTM EPS of $8.19 and the stock price of $52.67 per share. An increase of 14% has been observed in the PE ratio compared to its average of 5.6 of the past four quarters.
Over the last ten years, the average PE ratio of United Airlines Holdings has been 9.21. The current 6.43 price-to-earnings ratio is 30% less than the historical average. Analyzing the last ten years, UAL's PE ratio reached its highest point in the Dec 2014 quarter at 21.93, with a price of $66.89 and an EPS of $3.05. The Jun 2016 quarter saw the lowest point at 2.3, with a price of $41.04 and an EPS of $17.82.
Maximum annual increase: 266.33% in 2016
Maximum annual decrease: -86.59% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 5.17 | -69% |
| 2022 | 16.68 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 7.57 | -30.36% |
| 2018 | 10.87 | 14.18% |
| 2017 | 9.52 | -11.61% |
| 2016 | 10.77 | 266.33% |
| 2015 | 2.94 | -86.59% |
| 2014 | 21.93 | -4.94% |
Currently, UAL's PE ratio is under its 3, 5 and 10-year averages.
UAL's PE ratio is less than its peer stocks LUV and AAL, but it is above DAL's. United Airlines Holdings's current PE ratio of 6.43 is less than the average of its peers, which is 17.62.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DAL Delta Air Lines Inc | 6.27 | $31.69B |
| UAL United Airlines Holdings Inc | 6.46 | $17.38B |
| ALGT Allegiant Travel CO | 9.09 | $1.05B |
| AAL American Airlines Group Inc | 11.06 | $9.12B |
| ALK Alaska Air Group Inc | 23.94 | $5.55B |
| LUV Southwest Airlines Co | 34.09 | $15.87B |
| SKYW Skywest Inc | 92.82 | $2.91B |
| JBLU Jetblue Airways Corp | N/A | $1.94B |
| SAVE Spirit Airlines Inc | N/A | $385.36M |
| HA Hawaiian Holdings Inc | N/A | $632.82M |
The price to earnings ratio for UAL stock as of Apr 24, 2024, stands at 6.43.
Over the last 3 years, the average PE ratio for UAL stock is 7.79.
Over the last 5 years, the average PE ratio for UAL stock is 7.98.
The highest quarterly PE ratio in the last ten years has been 21.93 and it was in the Dec 2014 quarter.
The current PE ratio of UAL is 30% lower than the 10-year historical average.
UAL's PE ratio of 6.43 is considered low because the company's stock price is trading at a lower multiple of earnings.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Apr 24, 2024), United Airlines Holdings's share price is $52.67. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.19. Therefore, United Airlines Holdings's price to earnings ratio for today is 6.43. PE RATIO(6.43) = STOCK PRICE($52.67) / TTM EPS($8.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.