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Top 5 Companies in the Airlines Industry With the Highest P/E Ratio (SKYW, UAL, ALGT, LUV, JBLU)
[February 12, 2013]

Top 5 Companies in the Airlines Industry With the Highest P/E Ratio (SKYW, UAL, ALGT, LUV, JBLU)


Feb 12, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Airlines industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.Skywest ranks highest with a a P/E ratio of 34.08. Following is United Continental Holdings with a a P/E ratio of 20.08. Allegiant Travel ranks third highest with a a P/E ratio of 19.34.



Southwest Airlines follows with a a P/E ratio of 17.65, and JetBlue Airways rounds out the top five with a a P/E ratio of 14.70.

SmarTrend recommended that subscribers consider buying shares of Skywest on August 9th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $8.22. Since that recommendation, shares of Skywest have risen 54.7%. We continue to monitor Skywest for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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