According to HEICO's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 84.531. At the end of 2022 the company had a P/E ratio of 59.3.
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 |
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.