Alaska Air Group (BSP:A1LK34) Forward PE Ratio : 10.01 (As of Apr. 24, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Alaska Air Group Forward PE Ratio?

Alaska Air Group's Forward PE Ratio for today is 10.01.

Alaska Air Group's PE Ratio without NRI for today is 10.71.

Alaska Air Group's PE Ratio for today is 24.11.

Alaska Air Group Forward PE Ratio Historical Data

The historical data trend for Alaska Air Group'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.

* Premium members only.

Alaska Air Group Forward PE Ratio Chart

Alaska Air Group Annual Data

Trend

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

45.05

9.89

7.04

7.22

9.87

Alaska Air Group Quarterly Data
	2020-03	2020-09	2020-12	2021-03	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	5.96	23.31	45.05	129.87	11.09	9.89	18.15	10.22	6.59	7.04	6.18	7.75	7.25	7.22	7.55

Competitive Comparison of Alaska Air Group's Forward PE Ratio

For the Airlines subindustry, Alaska Air Group'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.

Alaska Air Group's Forward PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Alaska Air Group's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Alaska Air Group's Forward PE Ratio falls into.

Alaska Air Group Forward PE Ratio Calculation

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.

Alaska Air Group (BSP:A1LK34) 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 .

Alaska Air Group Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Alaska Air Group's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Alaska Air Group (BSP:A1LK34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Alaska Air Group Inc (BSP:A1LK34) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

ALK:USA ALK:Germany

Address

19300 International Boulevard, Seattle, WA, USA, 98188

Website

https://www.alaskaair.com

Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.

Alaska Air Group (BSP:A1LK34) Headlines

No Headlines