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 | -14.5 | 310.9% |
| 2020 | -3.52 | -119.51% |
| 2019 | 18.0 | -14.18% |
| 2018 | 21.0 | -64.59% |
| 2017 | 59.3 | 190.07% |
| 2016 | 20.5 | 29.34% |
| 2015 | 15.8 | -23.96% |
| 2014 | 20.8 | -27.81% |
| 2013 | 28.8 | 140.47% |
| 2012 | 12.0 | |
| 2010 | 7.68 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TransDigm TDG | 45.2 | -432.09% | 🇺🇸 USA |
 Air Industries Group AIRI | -4.56 | -66.47% | 🇺🇸 USA |
 Spirit AeroSystems SPR | -1.99 | -85.37% | 🇺🇸 USA |
 Ducommun DCO | 22.1 | -262.01% | 🇺🇸 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.