P/E ratio for Astronics Corporation (ATRO)
P/E ratio as of April 2024 (TTM): -13.9
According to Astronics Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.9492. At the end of 2022 the company had a P/E ratio of -9.28.
P/E ratio history for Astronics Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -9.28 | -35.82% |
| 2021 | -14.5 | 310.9% |
| 2020 | -3.52 | -119.51% |
| 2019 | 18.0 | -14.72% |
| 2018 | 21.1 | -63.92% |
| 2017 | 58.6 | 195.47% |
| 2016 | 19.8 | 25.19% |
| 2015 | 15.8 | -27.06% |
| 2014 | 21.7 | -34.69% |
| 2013 | 33.3 | 174.67% |
| 2012 | 12.1 | -31.17% |
| 2011 | 17.6 | 128.98% |
| 2010 | 7.68 | -137.8% |
| 2009 | -20.3 | -318.82% |
| 2008 | 9.29 | -51.38% |
| 2007 | 19.1 | -4.87% |
| 2006 | 20.1 | -38.88% |
| 2005 | 32.9 | -170.84% |
| 2004 | -46.4 | -256.77% |
| 2003 | 29.6 | 185.99% |
| 2002 | 10.3 | -5.64% |
| 2001 | 11.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TransDigm TDG | 66.1 | -574.22% | 🇺🇸 USA |
 Air Industries Group AIRI | -7.86 | -43.67% | 🇺🇸 USA |
 Spirit AeroSystems SPR | -3.54 | -74.59% | 🇺🇸 USA |
 Ducommun DCO | 27.3 | -295.70% | 🇺🇸 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.