P/E ratio for Air Industries Group (AIRI)
P/E ratio as of April 2024 (TTM): -7.86
According to Air Industries Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.85714. At the end of 2022 the company had a P/E ratio of -12.8.
P/E ratio history for Air Industries Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -12.8 | -174.86% |
| 2021 | 17.1 | -58.32% |
| 2020 | 41.0 | -278.26% |
| 2019 | -23.0 | 1241.67% |
| 2018 | -1.71 | 70.41% |
| 2017 | -1.01 | -34.53% |
| 2016 | -1.54 | -97.74% |
| 2015 | -67.9 | -164.56% |
| 2014 | 105 | 661.47% |
| 2013 | 13.8 | 8.32% |
| 2012 | 12.8 | |
| 2008 | -0.4400 | -98.17% |
| 2007 | -24.0 | 3.99% |
| 2006 | -23.1 | -2674.02% |
| 2005 | 0.8966 | -810.22% |
| 2004 | -0.1262 | -122.34% |
| 2003 | 0.5652 | -86.6% |
| 2002 | 4.22 | -2135.92% |
| 2001 | -0.2071 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TransDigm TDG | 66.1 | -941.90% | 🇺🇸 USA |
 Elbit Systems
ESLT | 33.8 | -530.80% | 🇮🇱 Israel |
 Astronics Corporation
ATRO | -13.9 | 77.54% | 🇺🇸 USA |
 Triumph Group
TGI | 10.6 | -234.89% | 🇺🇸 USA |
 Ducommun DCO | 27.3 | -447.43% | 🇺🇸 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.