P/E ratio for Textron (TXT)

P/E ratio history for Textron from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
General Dynamics GD	22.0	28.71%	🇺🇸 USA
Lockheed Martin LMT	17.9	4.61%	🇺🇸 USA
Boeing BA	-36.8	-315.64%	🇺🇸 USA
Spirit AeroSystems SPR	-3.72	-121.80%	🇺🇸 USA
Embraer ERJ	< -1000	-8,453.49%	🇧🇷 Brazil
AeroVironment AVAV	-28.4	-266.52%	🇺🇸 USA
AAR AIR	32.5	90.59%	🇺🇸 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.