P/E ratio for Hexcel (HXL)
P/E ratio as of October 2023 (TTM): 37.0
According to Hexcel 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.0114. At the end of 2021 the company had a P/E ratio of 273.
P/E ratio history for Hexcel from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 273 | 119.27% |
| 2020 | 124 | 512.25% |
| 2019 | 20.3 | 11.56% |
| 2018 | 18.2 | -7.88% |
| 2017 | 19.8 | 3.72% |
| 2016 | 19.1 | 1.72% |
| 2015 | 18.7 | -2.49% |
| 2014 | 19.2 | -19.2% |
| 2013 | 23.8 | 45.48% |
| 2012 | 16.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -25.6 | -169.14% | 🇺🇸 USA |
 Spirit AeroSystems SPR | -1.97 | -105.33% | 🇺🇸 USA |
 Triumph Group
TGI | 6.03 | -83.70% | 🇺🇸 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.