Skywest Stock Price To Earning

SKYW Stock  USD 113.96  1.15  1.00%   
SkyWest fundamentals help investors to digest information that contributes to SkyWest's financial success or failures. It also enables traders to predict the movement of SkyWest Stock. The fundamental analysis module provides a way to measure SkyWest's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SkyWest stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

SkyWest Company Price To Earning Analysis

SkyWest's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current SkyWest Price To Earning

    
  7.02 X  
Most of SkyWest's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SkyWest is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SkyWest Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for SkyWest is extremely important. It helps to project a fair market value of SkyWest Stock properly, considering its historical fundamentals such as Price To Earning. Since SkyWest's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SkyWest's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SkyWest's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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SkyWest Retained Earnings

Retained Earnings

2.38 Billion

At this time, SkyWest's Retained Earnings are fairly stable compared to the past year.
Based on the latest financial disclosure, SkyWest has a Price To Earning of 7.02 times. This is 64.53% lower than that of the Passenger Airlines sector and 94.35% lower than that of the Industrials industry. The price to earning for all United States stocks is 75.56% higher than that of the company.

SkyWest Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SkyWest's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SkyWest could also be used in its relative valuation, which is a method of valuing SkyWest by comparing valuation metrics of similar companies.
SkyWest is currently under evaluation in price to earning category among its peers.

SkyWest ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SkyWest's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SkyWest's managers, analysts, and investors.
Environmental
Governance
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SkyWest Fundamentals

About SkyWest Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SkyWest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SkyWest using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SkyWest based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for SkyWest Stock Analysis

When running SkyWest's price analysis, check to measure SkyWest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SkyWest is operating at the current time. Most of SkyWest's value examination focuses on studying past and present price action to predict the probability of SkyWest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SkyWest's price. Additionally, you may evaluate how the addition of SkyWest to your portfolios can decrease your overall portfolio volatility.