P/E ratio for Huntington Ingalls Industries (HII)
P/E ratio as of April 2024 (TTM): 20.7
According to Huntington Ingalls Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.6835. At the end of 2022 the company had a P/E ratio of 16.0.
P/E ratio history for Huntington Ingalls Industries from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.0 | 15.58% |
| 2021 | 13.8 | 38.79% |
| 2020 | 9.95 | -47.4% |
| 2019 | 18.9 | 90.09% |
| 2018 | 9.95 | -55.7% |
| 2017 | 22.5 | 49.31% |
| 2016 | 15.0 | 0.01% |
| 2015 | 15.0 | -7.27% |
| 2014 | 16.2 | -5.53% |
| 2013 | 17.2 | 16.92% |
| 2012 | 14.7 | -196.28% |
| 2011 | -15.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Lockheed Martin LMT | 16.7 | -19.02% | 🇺🇸 USA |
 General Dynamics GD | 24.3 | 17.25% | 🇺🇸 USA |
 Northrop Grumman NOC | 15.5 | -24.88% | 🇺🇸 USA |
 Honeywell HON | 24.1 | 16.51% | 🇺🇸 USA |
 AeroVironment AVAV | -27.4 | -232.64% | 🇺🇸 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.