Allegiant Travel Company (ALGT) P/E Ratio History
Historical price-to-earnings valuation from 2007 to 2024
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ALGT Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Allegiant Travel Company (ALGT) trades at a price-to-earnings ratio of -33.1x, with a stock price of $82.18 and trailing twelve-month earnings per share of $-2.46.
The current P/E is 159% below its 5-year average of 56.2x. Over the past five years, ALGT's P/E has ranged from a low of 8.2x to a high of 755.4x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.5x, ALGT trades at a 230% discount to its sector peers. The sector includes 413 companies with P/E ratios ranging from 0.0x to 185.3x.
Relative to the broader market, ALGT trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our ALGT DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
ALGT P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $914M | 17.6 | - | +0% | |
| $48B | 9.5Lowest | - | +44% | |
| $32B | 9.8 | - | +8% | |
| $9B | 77.5 | - | -86% | |
| $20B | 52.4 | - | +5% | |
| $182B | 93.2 | - | +114%Best | |
| $316B | 37.1 | 3.14Best | +36% | |
| $34B | 282.7 | - | -69% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ALGT Historical P/E Data (2007–2024)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $75.21 | $3.16 | 23.8x | -22% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $82.61 | $6.32 | 13.1x | -57% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $76.86 | $9.32 | 8.2x | -73% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $126.28 | $8.18 | 15.4x | -49% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $91.98 | $3.62 | 25.4x | -16% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $67.99 | $0.09 | 755.4x | +2387% |
| FY2022 Q2 | $113.09 | $2.57 | 44.0x | +45% | |
| FY2022 Q1 | $162.39 | $8.37 | 19.4x | -36% | |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $187.04 | $9.23 | 20.3x | -33% |
| FY2021 Q3 | $195.48 | $6.85 | 28.5x | -6% | |
| FY2021 Q2 | Wed Jun 30 2021 00:00:00 GM | $194.00 | $2.85 | 68.1x | +124% |
| FY2020 Q1 | $81.80 | $8.67 | 9.4x | -69% |
Average P/E for displayed period: 30.4x
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Start ComparisonALGT — Frequently Asked Questions
Quick answers to the most common questions about buying ALGT stock.
Is ALGT stock overvalued or undervalued?
ALGT trades at -33.1x P/E, below its 5-year average of 56.2x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does ALGT's valuation compare to peers?
Allegiant Travel Company P/E of -33.1x compares to sector median of 25.5x. The discount suggests lower growth expectations or higher risk.
What is ALGT's PEG ratio?
ALGT PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2007-2024.