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AL Air Lease PE ratio, current and historical analysis

The current PE ratio for Air Lease stock as of Oct 2, 2023 is 8.92. This is calculated based on the TTM EPS of $4.28 and the stock price of $38.17 per share.

AL PE ratio history

How has AL's PE ratio performed in the past

The average historical PE ratio of Air Lease for the last ten years is 10.37. The current P/E ratio of 8.92 is 14% lower than the historical average. Looking back at the last ten years, AL's PE ratio peaked in the Mar 2015 quarter at 17.97, when the price was $37.74 and the EPS was $2.1. The lowest point was in the Mar 2020 quarter, when it reached 4.37 with a price of $22.14 and an EPS of $5.07.

Average
10.37
Median
10.07
Minimum
4.37
Maximum
17.97

Air Lease PE ratio by year

Maximum annual increase: 49.43% in 2019

Maximum annual decrease: -30.55% in 2016

Year PE ratio Change
2022 N/A N/A
2021 12.35 22.64%
2020 10.07 8.86%
2019 9.25 49.43%
2018 6.19 -5.64%
2017 6.56 -30.29%
2016 9.41 -30.55%
2015 13.55 -0.88%
2014 13.67 -17.3%
2013 16.53 0.73%

AL average PE ratio chart

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

Currently, AL's PE ratio is higher than its 5-year average, but it is lower than its 3 and 10-year averages.

3-year avg
11.2
5-year avg
8.88
10-year avg
10.37
15-year avg
N/A

AL PE vs peers

What is AL's PE ratio compared to its peers

In comparison to its peer stock WLFC, AL's PE ratio is higher.

Stock name PE ratio Market cap
WLFC Willis Lease Finance Corp 7.14 $261.73M
AL Air Lease Corp 8.57 $4.07B

Frequently asked questions

What is Air Lease's PE ratio?

AL stock has a price to earnings ratio of 8.92 as of Oct 2, 2023.

What is the 3-year average PE ratio for Air Lease (AL)?

As an average over the last 3 years, AL stock has a PE ratio of 11.2.

What is the 5-year average PE ratio for Air Lease (AL)?

As an average over the last 5 years, AL stock has a PE ratio of 8.88.

What is the highest PE ratio for AL?

Over the last ten years, the quarterly PE ratio reached its highest level at 17.97 in the Mar 2015 quarter.

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

The current PE ratio of AL is 14% lower than the 10-year historical average.

Why is Air Lease's PE ratio so low?

AL's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.

How is AL's PE ratio calculated (Air Lease PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Oct 2, 2023), Air Lease's share price is $38.17. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $4.28. Therefore, Air Lease's PE ratio for today is 8.92. PE RATIO(8.92) = STOCK PRICE($38.17) / TTM EPS($4.28)

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