P/E ratio for Air Industries Group (AIRI)
P/E ratio as of September 2023 (TTM): -5.30
According to Air Industries Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.30159. At the end of 2021 the company had a P/E ratio of 1.82.
P/E ratio history for Air Industries Group from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 1.82 | -56.58% |
| 2020 | 4.20 | -116.22% |
| 2019 | -25.9 | 1243.6% |
| 2018 | -1.93 | 93.82% |
| 2017 | -0.9941 | -34.99% |
| 2016 | -1.53 | -97.86% |
| 2015 | -71.4 | -171.36% |
| 2014 | 100 | 622.22% |
| 2013 | 13.8 | 2.85% |
| 2012 | 13.5 | 187.51% |
| 2011 | 4.68 | |
| 2008 | -0.4000 | |
| 2006 | -12.5 | 97.37% |
| 2005 | -6.33 | 4920.86% |
| 2004 | -0.1261 | -122.05% |
| 2003 | 0.5720 | -86.41% |
| 2002 | 4.21 | -911.15% |
| 2001 | -0.5187 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TransDigm TDG | 45.5 | -958.55% | 🇺🇸 USA |
 Elbit Systems
ESLT | 33.7 | -735.31% | 🇮🇱 Israel |
 Astronics Corporation
ATRO | -13.9 | 162.79% | 🇺🇸 USA |
 Triumph Group
TGI | 6.17 | -216.44% | 🇺🇸 USA |
 Ducommun DCO | 22.4 | -523.07% | 🇺🇸 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.