P/E ratio for AAR (AIR)
P/E ratio as of April 2023 (TTM): 21.0
According to AAR's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.9654. At the end of 2021 the company had a P/E ratio of 18.5.
P/E ratio history for AAR from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 18.5 | -130.13% |
| 2020 | -61.4 | -114.97% |
| 2019 | 410 | 1470.17% |
| 2018 | 26.1 | -54.81% |
| 2017 | 57.8 | 95.8% |
| 2016 | 29.5 | -58.47% |
| 2015 | 71.1 | 316.91% |
| 2014 | 17.0 | -12.38% |
| 2013 | 19.5 | 81.19% |
| 2012 | 10.7 | 4.16% |
| 2011 | 10.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -25.6 | -222.30% | 🇺🇸 USA |
 Lockheed Martin LMT | 21.7 | 3.27% | 🇺🇸 USA |
 Embraer ERJ | 209 | 896.24% | 🇧🇷 Brazil |
 Spirit AeroSystems SPR | -6.62 | -131.56% | 🇺🇸 USA |
 Spirit Airlines
SAVE | -3.36 | -116.05% | 🇺🇸 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.