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ALK Alaska Air Group PE ratio, current and historical analysis

As at Dec 3, 2024, the ALK stock has a price-to-earnings ratio of 20.69. This is based on the current EPS of $2.54 and the stock price of $52.55 per share. A decrease of 2.2% has been recorded in the PE ratio compared to the average of 21.2 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 43.13. The current 20.69 P/E ratio is 52% 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
43.13
Median
14.37
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
39.4
5-year avg
81.35
10-year avg
43.13
15-year avg
31.26

ALK PE vs peers

What is ALK's PE ratio compared to its peers

ALK's PE ratio stands lower than its peer stock AAL, but it is higher than DAL's and UAL's. Alaska Air Group's current PE ratio of 20.69 is higher than the average of its peers, which is 18.49.

Stock name PE ratio Market cap
DAL Delta Air Lines Inc 8.69 $40.72B
UAL United Airlines Holdings Inc 11.59 $31.97B
SKYW Skywest Inc 18.71 $4.54B
ALK Alaska Air Group Inc 21.13 $6.81B
AAL American Airlines Group Inc 36.09 $9.72B
JBLU Jetblue Airways Corp N/A $2.23B
ALGT Allegiant Travel CO N/A $1.49B
LUV Southwest Airlines Co N/A $20.18B

Frequently asked questions

What is Alaska Air Group's PE ratio?

As of Dec 3, 2024, ALK stock has a price to earnings ratio of 20.69.

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 39.4.

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 81.35.

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 52% 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 (Dec 3, 2024), Alaska Air Group's stock price is $52.55. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.54. Therefore, Alaska Air Group's PE ratio for today is 20.69. PE RATIO(20.69) = STOCK PRICE($52.55) / TTM EPS($2.54)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.