P/E ratio for Air Transport Services Group (ATSG)
P/E ratio as of April 2024 (TTM): 6.09
According to Air Transport Services Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.09091. At the end of 2022 the company had a P/E ratio of 9.69.
P/E ratio history for Air Transport Services Group from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.69 | 10.86% |
| 2021 | 8.74 | -85.77% |
| 2020 | 61.5 | 169.8% |
| 2019 | 22.8 | 15.83% |
| 2018 | 19.7 | -74.51% |
| 2017 | 77.1 | 64.32% |
| 2016 | 46.9 | 198.04% |
| 2015 | 15.8 | -15.36% |
| 2014 | 18.6 | -171.31% |
| 2013 | -26.1 | -516.51% |
| 2012 | 6.27 | -52.21% |
| 2011 | 13.1 | 4.56% |
| 2010 | 12.5 | 161.24% |
| 2009 | 4.80 | -2500% |
| 2008 | -0.2000 | -101.63% |
| 2007 | 12.3 | 174.98% |
| 2006 | 4.47 | -69.81% |
| 2005 | 14.8 | 4.96% |
| 2004 | 14.1 | -2895.97% |
| 2003 | -0.5047 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 United Parcel Service UPS | 12.7 | 109.15% | 🇺🇸 USA |
 FedEx FDX | 16.1 | 164.27% | 🇺🇸 USA |
 Atlas Air Worldwide Holdings AAWW | 8.20 | 34.71% | 🇺🇸 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.