According to Howmet Aerospace 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.9226. At the end of 2022 the company had a P/E ratio of 35.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 35.2 | -34.78% |
2021 | 53.9 | 11.53% |
2020 | 48.4 | 65.07% |
2019 | 29.3 | 131.17% |
2018 | 12.7 | -106.98% |
2017 | -182 | 2132.1% |
2016 | -8.14 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Triumph Group
TGI | 11.4 | -73.99% | ๐บ๐ธ USA |
Raytheon Technologies RTX | 44.7 | 1.77% | ๐บ๐ธ USA |
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.