P/E ratio for Aaon (AAON)
P/E ratio as of June 2024 (TTM): 42.8
According to Aaon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 42.8472. At the end of 2022 the company had a P/E ratio of 59.8.
P/E ratio history for Aaon from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 59.8 | -43.81% |
| 2021 | 106 | 60.72% |
| 2020 | 66.2 | -8.02% |
| 2019 | 72.0 | 10.83% |
| 2018 | 64.9 | 21.48% |
| 2017 | 53.4 | 9.97% |
| 2016 | 48.6 | 18.61% |
| 2015 | 41.0 | 0.05% |
| 2014 | 41.0 | -5.14% |
| 2013 | 43.2 | 54.47% |
| 2012 | 28.0 | -47.67% |
| 2011 | 53.4 | 65.41% |
| 2010 | 32.3 | 76.74% |
| 2009 | 18.3 | -4.91% |
| 2008 | 19.2 | -20.07% |
| 2007 | 24.0 | -14.93% |
| 2006 | 28.3 | -2.01% |
| 2005 | 28.8 | -28.22% |
| 2004 | 40.2 | 54.55% |
| 2003 | 26.0 | 5.32% |
| 2002 | 24.7 | 9.5% |
| 2001 | 22.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 A. O. Smith AOS | 42.1 | -1.64% | 🇺🇸 USA |
 Johnson Controls
JCI | 23.1 | -46.17% | 🇮🇪 Ireland |
 Ingersoll Rand IR | 49.4 | 15.21% | 🇮🇪 Ireland |
 LSB Industries LXU | 6.39 | -85.09% | 🇺🇸 USA |
 Standex SXI | 13.9 | -67.65% | 🇺🇸 USA |
 Lennox LII | 35.6 | -16.92% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.