P/E ratio for Jetblue Airways (JBLU)

P/E ratio history for Jetblue Airways from 2002 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
Allegiant Air ALGT	9.70	-169.86%	🇺🇸 USA
Delta Air Lines DAL	11.5	-182.87%	🇺🇸 USA
Southwest Airlines LUV	41.0	-394.77%	🇺🇸 USA
United Airlines Holdings UAL	11.3	-181.61%	🇺🇸 USA
SkyWest SKYW	-216	1,453.83%	🇺🇸 USA
Hawaiian Airlines HA	-4.42	-68.17%	🇺🇸 USA
Alaska Airlines ALK	52.2	-476.01%	🇺🇸 USA
Spirit Airlines SAVE	-0.2204	-98.41%	🇺🇸 USA
American Airlines AAL	6.99	-150.34%	🇺🇸 USA
GOL Airlines GOLL4.SA	2.59	-118.65%	🇧🇷 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.