P/E ratio for Astrotech (ASTC)
P/E ratio as of April 2024 (TTM): -1.68
According to Astrotech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.68068. At the end of 2022 the company had a P/E ratio of -1.84.
P/E ratio history for Astrotech from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.84 | -33.66% |
| 2021 | -2.77 | 51.69% |
| 2020 | -1.82 | 29.76% |
| 2019 | -1.41 | -18.93% |
| 2018 | -1.73 | 49.64% |
| 2017 | -1.16 | -49.77% |
| 2016 | -2.31 | 25.19% |
| 2015 | -1.84 | -165.24% |
| 2014 | 2.83 | -97% |
| 2013 | 94.3 | -1462.59% |
| 2012 | -6.92 | 221.43% |
| 2011 | -2.15 | -44.72% |
| 2010 | -3.90 | -207.56% |
| 2009 | 3.62 | -459.32% |
| 2008 | -1.01 | 938.4% |
| 2007 | -0.0971 | -96.12% |
| 2006 | -2.50 | 214.29% |
| 2005 | -0.7955 | -110.83% |
| 2004 | 7.34 | -3181.95% |
| 2003 | -0.2383 | -102.14% |
| 2002 | 11.1 | -1443.67% |
| 2001 | -0.8280 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -35.5 | 2,011.73% | 🇺🇸 USA |
 Lockheed Martin LMT | 16.9 | -1,106.71% | 🇺🇸 USA |
 Northrop Grumman NOC | 16.0 | -1,050.56% | 🇺🇸 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.