Alaska Price Earnings Ratio from 2010 to 2024

ALK Stock  USD 53.44  1.02  1.95%   
Alaska Air Price Earnings Ratio yearly trend continues to be quite stable with very little volatility. Price Earnings Ratio may rise above 22.24 this year. From the period between 2010 and 2024, Alaska Air, Price Earnings Ratio regression line of its data series had sample variance of  485.41 and sample variance of  485.41. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
21.17677128
Current Value
22.24
Quarterly Volatility
22.03206237
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alaska Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alaska Air's main balance sheet or income statement drivers, such as Depreciation And Amortization of 473.6 M, Interest Expense of 127 M or Selling General Administrative of 292.6 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0077 or PTB Ratio of 1.26. Alaska financial statements analysis is a perfect complement when working with Alaska Air Valuation or Volatility modules.
  
Check out the analysis of Alaska Air Correlation against competitors.

Latest Alaska Air's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Alaska Air Group over the last few years. It is Alaska Air's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alaska Air's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Slightly volatile
   Price Earnings Ratio   
       Timeline  

Alaska Price Earnings Ratio Regression Statistics

Arithmetic Mean17.39
Coefficient Of Variation126.70
Mean Deviation11.34
Median12.19
Standard Deviation22.03
Sample Variance485.41
Range98.6814
R-Value0.39
Mean Square Error441.51
R-Squared0.16
Significance0.15
Slope1.94
Total Sum of Squares6,796

Alaska Price Earnings Ratio History

2024 22.24
2023 21.18
2022 93.77
2021 13.63
2020 -4.91
2019 10.86
2018 17.16

About Alaska Air Financial Statements

Alaska Air investors utilize fundamental indicators, such as Price Earnings Ratio, to predict how Alaska Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Price Earnings Ratio 21.18  22.24 

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When determining whether Alaska Air Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alaska Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alaska Air Group Stock. Highlighted below are key reports to facilitate an investment decision about Alaska Air Group Stock:
Check out the analysis of Alaska Air Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alaska Air. If investors know Alaska will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alaska Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.704
Earnings Share
2.51
Revenue Per Share
85.034
Quarterly Revenue Growth
0.082
Return On Assets
0.0286
The market value of Alaska Air Group is measured differently than its book value, which is the value of Alaska that is recorded on the company's balance sheet. Investors also form their own opinion of Alaska Air's value that differs from its market value or its book value, called intrinsic value, which is Alaska Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alaska Air's market value can be influenced by many factors that don't directly affect Alaska Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alaska Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alaska Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alaska Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.