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
Jetblue Airways JBLU	-11.0	-192.14%	🇺🇸 USA
Alaska Airlines ALK	41.7	250.30%	🇺🇸 USA
United Airlines Holdings UAL	10.9	-8.51%	🇺🇸 USA
Southwest Airlines LUV	38.4	223.12%	🇺🇸 USA
American Airlines AAL	5.81	-51.19%	🇺🇸 USA
Spirit Airlines SAVE	-0.2204	-101.85%	🇺🇸 USA
China Eastern Airlines 600115.SS	-2.22	-118.69%	🇨🇳 China
Allegiant Air ALGT	8.39	-29.43%	🇺🇸 USA
SkyWest SKYW	-238	-2,097.67%	🇺🇸 USA
Hawaiian Airlines HA	-4.42	-137.18%	🇺🇸 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.