P/E ratio for HEICO (HEI)
P/E ratio as of April 2024 (TTM): 71.2
According to HEICO's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 71.1931. At the end of 2022 the company had a P/E ratio of 59.3.
P/E ratio history for HEICO from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 59.3 | -7.45% |
| 2021 | 64.1 | 12.8% |
| 2020 | 56.8 | 22.46% |
| 2019 | 46.4 | 17.62% |
| 2018 | 39.5 | -7.68% |
| 2017 | 42.7 | 29.61% |
| 2016 | 33.0 | 21.3% |
| 2015 | 27.2 | -18.1% |
| 2014 | 33.2 | -11.23% |
| 2013 | 37.4 | 35.15% |
| 2012 | 27.7 | -17.41% |
| 2011 | 33.5 | 9.08% |
| 2010 | 30.7 | 17.24% |
| 2009 | 26.2 | 24.11% |
| 2008 | 21.1 | -41.12% |
| 2007 | 35.8 | 17.23% |
| 2006 | 30.6 | 9.87% |
| 2005 | 27.8 | 7.17% |
| 2004 | 26.0 | -16.82% |
| 2003 | 31.2 | 97.14% |
| 2002 | 15.8 | -14.12% |
| 2001 | 18.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Electric GE | 19.0 | -73.33% | 🇺🇸 USA |
 Triumph Group
TGI | 10.8 | -84.89% | 🇺🇸 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.