Frontier Group Holdings, Inc. (ULCC) P/E Ratio History
Historical price-to-earnings valuation from 2023 to 2025
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ULCC Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 7, 2026, Frontier Group Holdings, Inc. (ULCC) trades at a price-to-earnings ratio of -8.0x, with a stock price of $4.78 and trailing twelve-month earnings per share of $-1.59.
The current P/E is 140% below its 5-year average of 20.1x. Over the past five years, ULCC's P/E has ranged from a low of 15.0x to a high of 31.8x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.9x, ULCC trades at a 131% discount to its sector peers. The sector includes 414 companies with P/E ratios ranging from 0.0x to 185.4x.
Relative to the broader market, ULCC trades at a notable discount to the S&P 500 median P/E of 25.2x. 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 ULCC 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.
ULCC P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $897M | 17.3 | - | +0% | |
| $4B | 8.5Lowest | - | +33% | |
| $48B | 9.6 | - | +44% | |
| $32B | 9.8 | - | +8% | |
| $9B | 76.1 | - | -86% | |
| $20B | 52.5 | - | +5% | |
| $5B | 46.6 | - | -72% | |
| $181B | 92.7 | - | +114%Best | |
| $320B | 37.5 | 3.17Best | +36% | |
| $238B | 35.6 | - | +40% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ULCC Historical P/E Data (2023–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $4.34 | $0.29 | 15.0x | -25% |
| FY2024 Q4 | $7.11 | $0.36 | 19.8x | -2% | |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $4.84 | $0.29 | 16.7x | -17% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $9.67 | $0.56 | 17.3x | -14% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $9.84 | $0.31 | 31.8x | +58% |
Average P/E for displayed period: 20.1x
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Start ComparisonULCC — Frequently Asked Questions
Quick answers to the most common questions about buying ULCC stock.
Is ULCC stock overvalued or undervalued?
ULCC trades at -8.0x P/E, below its 5-year average of 20.1x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does ULCC's valuation compare to peers?
Frontier Group Holdings, Inc. P/E of -8.0x compares to sector median of 25.9x. The discount suggests lower growth expectations or higher risk.
What is ULCC's PEG ratio?
ULCC PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2023-2025.