P/E ratio for Hexcel (HXL)
P/E ratio as of April 2024 (TTM): 33.8
According to Hexcel 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.7789. At the end of 2022 the company had a P/E ratio of 39.2.
P/E ratio history for Hexcel from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 39.2 | -85.61% |
| 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 | -6.86% |
| 2011 | 17.5 | -23.39% |
| 2010 | 22.9 | 2.32% |
| 2009 | 22.4 | 248.26% |
| 2008 | 6.43 | -82.8% |
| 2007 | 37.4 | 54.48% |
| 2006 | 24.2 | 147.83% |
| 2005 | 9.76 | -93.94% |
| 2004 | 161 | -1274.09% |
| 2003 | -13.7 | 60.09% |
| 2002 | -8.57 | 3111.5% |
| 2001 | -0.2669 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -35.5 | -205.07% | 🇺🇸 USA |
 Spirit AeroSystems SPR | -3.57 | -110.58% | 🇺🇸 USA |
 Triumph Group
TGI | 10.6 | -68.72% | 🇺🇸 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.