P/E ratio for Air Transport Services Group (ATSG)
P/E ratio as of September 2023 (TTM): 10.2
According to Air Transport Services Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1866. At the end of 2021 the company had a P/E ratio of 8.82.
P/E ratio history for Air Transport Services Group from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.82 | -87.89% |
| 2020 | 72.9 | 213.78% |
| 2019 | 23.2 | 18.12% |
| 2018 | 19.7 | -67.71% |
| 2017 | 60.9 | 29.73% |
| 2016 | 46.9 | 198.04% |
| 2015 | 15.8 | -15.36% |
| 2014 | 18.6 | -171.31% |
| 2013 | -26.1 | -516.51% |
| 2012 | 6.27 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 United Parcel Service UPS | 13.4 | 31.94% | 🇺🇸 USA |
 FedEx FDX | 17.1 | 67.82% | 🇺🇸 USA |
 Atlas Air Worldwide Holdings AAWW | 8.20 | -19.45% | 🇺🇸 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.