Astronics Corporation
ATRO
#5669
Rank
$0.51 B
Marketcap
$15.86
Share price
-1.25%
Change (1 day)
42.11%
Change (1 year)
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P/E ratio for Astronics Corporation (ATRO)

P/E ratio as of October 2023 (TTM): -13.6

According to Astronics Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.6102. At the end of 2021 the company had a P/E ratio of -14.5.

P/E ratio history for Astronics Corporation from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-14.5310.9%
2020-3.52-119.51%
201918.0-14.18%
201821.0-64.59%
201759.3190.07%
201620.529.34%
201515.8-23.96%
201420.8-27.81%
201328.8140.47%
201212.0
20107.68

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
45.2-432.09%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.56-66.47%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.99-85.37%๐Ÿ‡บ๐Ÿ‡ธ USA
22.1-262.01%๐Ÿ‡บ๐Ÿ‡ธ 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.