Spirit Airlines
SAVEQ
#9503
Rank
A$79.6 M
Marketcap
$0.73
Share price
0.00%
Change (1 day)
-86.61%
Change (1 year)

P/E ratio for Spirit Airlines (SAVEQ)

P/E ratio as of April 2025 (TTM): -0.0616

According to Spirit Airlines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0615894. At the end of 2023 the company had a P/E ratio of -4.01.

P/E ratio history for Spirit Airlines from 2011 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-4.014.71%
2022-3.83-20.48%
2021-4.81-3.55%
2020-4.99-160.65%
20198.23-67.62%
201825.4240.98%
20177.45-51.46%
201615.369.07%
20159.08-62.77%
201424.430.47%
201318.758.1%
201211.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.2-50,824.64%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.42 7,080.78%๐Ÿ‡บ๐Ÿ‡ธ USA
7.76-12,697.54%๐Ÿ‡บ๐Ÿ‡ธ USA
-185 300,828.41%๐Ÿ‡บ๐Ÿ‡ธ USA
32.9-53,474.44%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.84 11,004.65%๐Ÿ‡บ๐Ÿ‡ธ USA
7.76-12,694.02%๐Ÿ‡บ๐Ÿ‡ธ USA
4.91-8,078.91%๐Ÿ‡บ๐Ÿ‡ธ USA
3.89-6,423.72%๐Ÿ‡บ๐Ÿ‡ธ USA

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.