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ALK Alaska Air Group PE ratio, current and historical analysis

As at Jun 14, 2024, the ALK stock has a price-to-earnings ratio of 21.23. This is based on the current EPS of $1.9 and the stock price of $40.33 per share. A decrease of 18% has been recorded in the PE ratio compared to the average of 26.0 of the last four quarters.

ALK PE ratio history

How has ALK's PE ratio performed in the past

The mean historical PE ratio of Alaska Air Group over the last ten years is 42.6. The current 21.23 P/E ratio is 50% lower than the historical average. In the past ten years, ALK's PE ratio peaked in the Sep 2021 quarter at 732.5, with a price of $58.6 and an EPS of $0.08. The Mar 2020 quarter marked the lowest point at 6.59, with a price of $28.47 and an EPS of $4.32.

Average
42.6
Median
13.55
Minimum
6.59
Maximum
732.5

Alaska Air Group PE ratio by year

Maximum annual increase: 584.38% in 2022

Maximum annual decrease: -77.26% in 2023

Year PE ratio Change
2023 21.23 -77.26%
2022 93.35 584.38%
2021 13.64 N/A
2020 N/A N/A
2019 10.86 -36.64%
2018 17.14 81.57%
2017 9.44 -31.4%
2016 13.76 12.97%
2015 12.18 -8.9%
2014 13.37 32.25%

ALK average PE ratio chart

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

Currently, ALK's PE ratio is lower than the 3, 5 and 10-year averages.

3-year avg
105.87
5-year avg
80.59
10-year avg
42.6
15-year avg
31.8

ALK PE vs peers

What is ALK's PE ratio compared to its peers

ALK's PE ratio stands lower than its peer stocks LUV and SKYW, but it is higher than DAL's and UAL's. Alaska Air Group's current PE ratio of 21.23 is higher than the average of its peers, which is 18.89.

Stock name PE ratio Market cap
UAL United Airlines Holdings Inc 6.07 $16.34B
DAL Delta Air Lines Inc 6.22 $31.44B
AAL American Airlines Group Inc 14.65 $7.4B
ALGT Allegiant Travel CO 16.18 $935.13M
ALK Alaska Air Group Inc 21.23 $5.12B
SKYW Skywest Inc 27.23 $3.09B
LUV Southwest Airlines Co 43 $16.98B
HA Hawaiian Holdings Inc N/A $665.74M
JBLU Jetblue Airways Corp N/A $1.85B

Frequently asked questions

What is Alaska Air Group's PE ratio?

As of Jun 14, 2024, ALK stock has a price to earnings ratio of 21.23.

What is the 3-year average PE ratio for Alaska Air Group (ALK)?

As an average over the last 3 years, ALK stock has a PE ratio of 105.87.

What is the 5-year average PE ratio for Alaska Air Group (ALK)?

As an average over the last 5 years, ALK stock has a PE ratio of 80.59.

What is the highest PE ratio for ALK?

Over the last ten years, the quarterly PE ratio reached a historic high of 732.5 in the Sep 2021 quarter.

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

ALK's current price to earnings ratio is 50% below its 10-year historical average.

How is ALK's PE ratio calculated (Alaska Air Group PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 14, 2024), Alaska Air Group's stock price is $40.33. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.9. Therefore, Alaska Air Group's PE ratio for today is 21.23. PE RATIO(21.23) = STOCK PRICE($40.33) / TTM EPS($1.9)

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