P/E ratio for FTAI Aviation (FTAI)
P/E ratio as of April 2024 (TTM): 59.1
According to FTAI Aviation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 59.0976. At the end of 2022 the company had a P/E ratio of -7.75.
P/E ratio history for FTAI Aviation from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.75 | -54.52% |
| 2021 | -17.0 | 2.87% |
| 2020 | -16.6 | -357.98% |
| 2019 | 6.42 | -96.86% |
| 2018 | 204 | |
| 2016 | -42.1 | -31.81% |
| 2015 | -61.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Willis Lease Finance Corporation WLFC | 8.61 | -85.42% | 🇺🇸 USA |
 Textainer Group TGH | 9.06 | -84.68% | 🇧🇲 Bermuda |
 GATX GATX | 18.7 | -68.38% | 🇺🇸 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.