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	-6.98	-200.06%	🇺🇸 USA
Alaska Airlines ALK	35.3	405.26%	🇺🇸 USA
United Airlines Holdings UAL	6.55	-6.11%	🇺🇸 USA
Southwest Airlines LUV	31.6	353.18%	🇺🇸 USA
American Airlines AAL	3.77	-45.98%	🇺🇸 USA
Spirit Airlines SAVEQ	-0.0616	-100.88%	🇺🇸 USA
China Eastern Airlines 600115.SS	-2.05	-129.37%	🇨🇳 China
Allegiant Air ALGT	4.94	-29.26%	🇺🇸 USA
SkyWest SKYW	-169	-2,523.01%	🇺🇸 USA
Hawaiian Airlines HA	-4.42	-163.38%	🇺🇸 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.