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Allegiant Travel Co (NAS:ALGT) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Allegiant Travel Co Forward PE Ratio Related Terms
Allegiant Travel Co Forward PE Ratio Historical Data
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The historical data trend for Allegiant Travel Co's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Allegiant Travel Co Forward PE Ratio Chart
Allegiant Travel Co Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
12.53
12.80
14.06
8.51
24.10
14.16
8.63
9.78
15.39
13.47
Allegiant Travel Co Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
12.53
12.53
10.60
9.57
12.80
13.64
12.63
10.98
14.06
15.70
12.69
9.39
8.51
15.77
24.10
31.95
44.84
11.19
14.16
18.35
30.12
6.64
8.63
13.74
13.23
6.99
9.78
9.52
13.57
7.05
15.39
7.33
16.21
10.35
13.47
10.17
ALGT vs JBLU, ULCC, SKYW: Forward PE Ratio Comparison
For the Airlines subindustry, Allegiant Travel Co's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Allegiant Travel Co Forward PE Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Allegiant Travel Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Allegiant Travel Co's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Allegiant Travel Co (ALGT) has a Forward PE Ratio of 13.57 as of Aug. 06, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Allegiant Travel Co and its competitors. According to the industry distribution chart, Allegiant Travel Co ranks #235 out of 488 companies in the Transportation industry, placing it in the top 48.2%.
Is Allegiant Travel Co's Forward PE Ratio too high?
Allegiant Travel Co's current Forward PE Ratio is 13.57. The Transportation industry median Forward PE Ratio is 14.07. Allegiant Travel Co's value of 13.57 is 3.6% below this industry median. Based on the distribution chart, Allegiant Travel Co ranks #235 out of 488 companies in the Transportation industry, which is above the industry midpoint. Overall, Allegiant Travel Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Allegiant Travel Co's Forward PE Ratio compare to JBLU and ULCC?
According to the Transportation industry distribution chart, Allegiant Travel Co ranks #235 out of 488 companies for Forward PE Ratio. This puts Allegiant Travel Co in the upper half of its industry. The industry median Forward PE Ratio is 14.07. Allegiant Travel Co's value of 13.57 is 3.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Transportation company?
The median Forward PE Ratio among Transportation companies is 14.07, based on 488 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Allegiant Travel Co's current Forward PE Ratio of 13.57 is 3.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Allegiant Travel Co and its competitors. For the Transportation industry, the median Forward PE Ratio is 14.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allegiant Travel Co's current Forward PE Ratio is 13.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allegiant Travel Co stock overvalued right now?
Based on GuruFocus' analysis, Allegiant Travel Co (ALGT) is currently considered Modestly Overvalued. The stock's GF Value™ is $89.78, compared to a current price of $103.95 — trading 15.8% above its estimated fair value. The current Forward PE Ratio is 13.57 and 3.6% below the Transportation industry median of 14.07. Allegiant Travel Co's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Allegiant Travel Co (ALGT), the current Forward PE Ratio is 13.57 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Allegiant Travel Co (ALGT) Overvalued in 2026?
Based on GuruFocus' analysis, Allegiant Travel Co stock appears to be overvalued.
The current stock price of $103.95 is trading 15.8% above its estimated GF Value™ of $89.78.
GuruFocus considers Allegiant Travel Co to be Modestly Overvalued.
Key valuation signals for ALGT:
Forward PE Ratio: 13.57
GF Value™: $89.78 vs. price of $103.95 (15.8% above fair value)
Industry Position: 3.6% below the Transportation median (#235 of 488)
No single metric tells the full story. See the ALGT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Allegiant Travel Co is a leisure travel company focused on providing travel and leisure services and products to residents of underserved cities in the United States. It operates a low-cost, low utilization passenger airline marketed to leisure travelers in underserved cities, allowing it to sell air transportation both on a stand-alone basis and bundled with the sale of air-related and third-party services and products. In addition, it provides air transportation under fixed-fee flight arrangements. In connection with its leisure travel focus, the company has opened Sunseeker Resort Charlotte Harbor, equipped with several guestrooms and food and beverage outlets. The company's operating segments are the Airline, which generates the maximum revenue, and Sunseeker Resort.
82GF Score
Get the complete analysis for ALGT
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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