The U.S. company The Boeing Company is the second largest manufacturer of aerospace technology. The company's products include civil and military aircraft, helicopters, spaceships and satellites, as well as launchers and missile weapons.
P/E ratio for Boeing (BA)
P/E ratio as of March 2023 (TTM): -24.8
According to Boeing's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -24.7654. At the end of 2021 the company had a P/E ratio of -28.2.
P/E ratio history for Boeing from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -28.2 | 173.7% |
| 2020 | -10.3 | -96.39% |
| 2019 | -286 | -1701.11% |
| 2018 | 17.8 | -17.45% |
| 2017 | 21.6 | 7.63% |
| 2016 | 20.1 | 4.47% |
| 2015 | 19.2 | 10.8% |
| 2014 | 17.4 | -23.21% |
| 2013 | 22.6 | 54.73% |
| 2012 | 14.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Lockheed Martin LMT | 21.8 | -187.90% | 🇺🇸 USA |
 General Dynamics GD | 18.3 | -173.95% | 🇺🇸 USA |
 General Electric GE | -227 | 817.29% | 🇺🇸 USA |
 Northrop Grumman NOC | 18.5 | -174.85% | 🇺🇸 USA |
 Textron TXT | 18.4 | -174.11% | 🇺🇸 USA |
 Honeywell HON | 25.7 | -203.73% | 🇺🇸 USA |
 Embraer ERJ | 201 | -910.67% | 🇧🇷 Brazil |
 Spirit AeroSystems SPR | -6.17 | -75.08% | 🇺🇸 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.