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.
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.
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% |
Currently, ALK's PE ratio is lower than the 3, 5 and 10-year averages.
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 |
As of Dec 3, 2024, ALK stock has a price to earnings ratio of 20.69.
As an average over the last 3 years, ALK stock has a PE ratio of 39.4.
As an average over the last 5 years, ALK stock has a PE ratio of 81.35.
Over the last ten years, the quarterly PE ratio reached a historic high of 732.5 in the Sep 2021 quarter.
ALK's current price to earnings ratio is 52% below its 10-year historical average.
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.