Mesa Air Group, Inc. (MESA) P/E Ratio History
Deep ValueTrading at -0.0x · 0th percentile of 5-year range · Significant discount to historical valuation · Data 2018–2021
Loading P/E history...
P/E Ratio Analysis
As of September 24, 2026, Mesa Air Group, Inc. (MESA) trades at a price-to-earnings ratio of -0.0x, with a stock price of $21.00 and trailing twelve-month earnings per share of $-3.98.
The current P/E is 101% below its 5-year average of 8.4x. Over the past five years, MESA's P/E has ranged from a low of 3.8x to a high of 17.8x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Industrials sector median P/E of 26.2x, MESA trades at a 100% discount to its sector peers. The sector includes 397 companies with P/E ratios ranging from 0.1x to 194.2x.
Relative to the broader market, MESA trades at a notable discount to the S&P 500 median P/E of 25.3x. 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 MESA 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.
MESA Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
MESA P/E vs Peers
Commercial passenger airlines peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $4B | 9.6Lowest | -Best | +33% | |
| $876M | 16.8 | -Best | +0% | |
| $4B | 45.6 | -Best | -72% | |
| $36B | 10.8 | -Best | +8% | |
| $9B | 78.5 | -Best | -86% | |
| $54B | 10.7 | -Best | +44% | |
| $158B | 80.6 | -Best | +114%Best |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
MESA Historical P/E Data (2018–2021)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2021 Q4 | - | $7.66 | $0.43 | 17.8x | +113% |
| FY2021 Q3 | Jun 30 2021 | $9.33 | $0.96 | 9.7x | +16% |
| FY2021 Q2 | Mar 31 2021 | $13.45 | $0.95 | 14.2x | +69% |
| FY2021 Q1 | - | $6.69 | $0.86 | 7.8x | -7% |
| FY2020 Q4 | Sep 30 2020 | $2.95 | $0.78 | 3.8x | -55% |
| FY2020 Q3 | - | $3.44 | $0.81 | 4.2x | -49% |
| FY2020 Q2 | - | $3.29 | $0.80 | 4.1x | -51% |
| FY2020 Q1 | - | $8.94 | $1.13 | 7.9x | -5% |
| FY2019 Q4 | Sep 30 2019 | $6.74 | $1.37 | 4.9x | -41% |
| FY2019 Q3 | Jun 30 2019 | $9.14 | $1.67 | 5.5x | -35% |
| FY2019 Q2 | Mar 31 2019 | $8.34 | $1.10 | 7.6x | -10% |
| FY2019 Q1 | Dec 31 2018 | $7.71 | $0.79 | 9.8x | +17% |
| FY2018 Q4 | Sep 30 2018 | $13.86 | $1.20 | 11.6x | +38% |
Average P/E for displayed period: 8.4x
MESA Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
8+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
MESA — Frequently Asked Questions
Quick answers to the most common questions about buying MESA stock.
What is MESA's P/E ratio?
Mesa Air Group, Inc. (MESA) trailing twelve-month P/E ratio is -0.0x, based on TTM diluted EPS of $-3.98. The 5-year average P/E is 8.4x and the historical range spans 3.8x to 17.8x.
Is MESA stock overvalued or undervalued?
MESA current P/E: -0.0x. 5-year average P/E: 8.4x. Percentile: 0th.
Is MESA stock expensive?
MESA is fairly valued relative to its own history. The current P/E of -0.0x is near the 5-year average of 8.4x (0th percentile of historical range).
What is MESA's historical P/E range?
Over the past 5 years, MESA's P/E ratio has ranged from 3.8x to 17.8x, with a median of 7.8x and an average of 8.4x. The current P/E of -0.0x places the stock at the 0th percentile of this range. Full historical data spans 2018–2021.
How does MESA's P/E compare to the S&P 500?
MESA current P/E: -0.0x. S&P 500 median P/E: 25.3x.
How does MESA's valuation compare to Industrials peers?
Mesa Air Group, Inc. P/E of -0.0x can be benchmarked against Industrials peers in the comparison table on this page.
What is MESA's PEG ratio?
MESA PEG ratio is N/A, based on a P/E of -0.0x and EPS growth of -82.4%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is MESA's earnings yield?
MESA earnings yield is N/A, the inverse of its -0.0x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.