Compared to the aggregate P/E ratio of 14.79 in the Passenger Airlines industry, SkyWest Inc. has a higher P/E ratio of 19.99. Shareholders might be inclined to think that SkyWest Inc. might perform ...
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate ...