P/E ratio for AeroVironment (AVAV)
P/E ratio as of June 2023 (TTM): -281
According to AeroVironment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -281.086. At the end of 2021 the company had a P/E ratio of < -1000.
P/E ratio history for AeroVironment from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | < -1000 | -8665.71% |
| 2020 | 72.4 | 91.19% |
| 2019 | 37.9 | 20.4% |
| 2018 | 31.5 | -24.94% |
| 2017 | 41.9 | -129.68% |
| 2016 | -141 | -243.75% |
| 2015 | 98.2 | 105.48% |
| 2014 | 47.8 | -119.69% |
| 2013 | -243 | -1674.95% |
| 2012 | 15.4 | -18.67% |
| 2011 | 19.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -30.6 | -89.10% | 🇺🇸 USA |
 Lockheed Martin LMT | 21.1 | -107.49% | 🇺🇸 USA |
 AAR AIR | 21.3 | -107.59% | 🇺🇸 USA |
 General Dynamics GD | 17.4 | -106.18% | 🇺🇸 USA |
 Huntington Ingalls Industries
HII | 15.2 | -105.39% | 🇺🇸 USA |
 Northrop Grumman NOC | 19.2 | -106.83% | 🇺🇸 USA |
 Textron TXT | 16.9 | -106.01% | 🇺🇸 USA |
 Spirit AeroSystems SPR | -4.04 | -98.56% | 🇺🇸 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.