P/E ratio for Delta Air Lines (DAL)

P/E ratio history for Delta Air Lines from 2007 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Alaska Airlines ALK	-11.9	-165.23%	🇺🇸 USA
American Airlines AAL	-19.4	-206.50%	🇺🇸 USA
Southwest Airlines LUV	21.9	20.47%	🇺🇸 USA
United Airlines Holdings UAL	10.9	-40.07%	🇺🇸 USA
SkyWest SKYW	8.14	-55.31%	🇺🇸 USA
Jetblue Airways JBLU	-1.65	-109.05%	🇺🇸 USA
Allegiant Travel Company ALGT	68.5	275.85%	🇺🇸 USA
Spirit Airlines SAVEQ	-0.0616	-100.34%	🇺🇸 USA
Hawaiian Airlines HA	-4.42	-124.28%	🇺🇸 USA
China Eastern Airlines 600115.SS	24.7	35.45%	🇨🇳 China

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.