P/E ratio for Jetblue Airways (JBLU)
P/E ratio as of June 2024 (TTM): -9.50
According to Jetblue Airways 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.5. At the end of 2022 the company had a P/E ratio of -5.79.
P/E ratio history for Jetblue Airways from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -5.79 | -76.84% |
| 2021 | -25.0 | 747.07% |
| 2020 | -2.95 | -130.41% |
| 2019 | 9.70 | -63.16% |
| 2018 | 26.3 | 310.12% |
| 2017 | 6.42 | -34.14% |
| 2016 | 9.75 | -7.47% |
| 2015 | 10.5 | -9.66% |
| 2014 | 11.7 | -19.43% |
| 2013 | 14.5 | 17.3% |
| 2012 | 12.3 | -28.81% |
| 2011 | 17.3 | -8.22% |
| 2010 | 18.9 | -23.76% |
| 2009 | 24.8 | -225.61% |
| 2008 | -19.7 | -136.77% |
| 2007 | 53.6 | -98.35% |
| 2006 | > 1000 | -2846.59% |
| 2005 | -118 | -334.37% |
| 2004 | 50.5 | 100.81% |
| 2003 | 25.1 | 150.76% |
| 2002 | 10.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alaska Airlines
ALK | 32.7 | -444.03% | 🇺🇸 USA |
 American Airlines AAL | 4.63 | -148.75% | 🇺🇸 USA |
 Delta Air Lines DAL | 9.42 | -199.15% | 🇺🇸 USA |
 Southwest Airlines LUV | 31.5 | -431.13% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 5.88 | -161.87% | 🇺🇸 USA |
 SkyWest SKYW | -154 | 1,519.26% | 🇺🇸 USA |
 Allegiant Air
ALGT | 5.52 | -158.12% | 🇺🇸 USA |
 Spirit Airlines
SAVE | -0.7510 | -92.09% | 🇺🇸 USA |
 Hawaiian Airlines HA | -3.32 | -65.01% | 🇺🇸 USA |
 GOL Airlines GOLL4.SA | 2.84 | -129.88% | 🇧🇷 Brazil |
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.