P/E ratio for TransDigm (TDG)
P/E ratio as of April 2024 (TTM): 64.7
According to TransDigm's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 64.651. At the end of 2022 the company had a P/E ratio of 42.6.
P/E ratio history for TransDigm from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 42.6 | -14.49% |
| 2021 | 49.8 | -47.95% |
| 2020 | 95.6 | 119.82% |
| 2019 | 43.5 | 86.81% |
| 2018 | 23.3 | 3.13% |
| 2017 | 22.6 | -22.17% |
| 2016 | 29.0 | 7.2% |
| 2015 | 27.1 | -53.54% |
| 2014 | 58.3 | 15.79% |
| 2013 | 50.3 | 102.22% |
| 2012 | 24.9 | 17.29% |
| 2011 | 21.2 | -31.65% |
| 2010 | 31.0 | 54.25% |
| 2009 | 20.1 | 77.43% |
| 2008 | 11.3 | -48.53% |
| 2007 | 22.0 | -31.84% |
| 2006 | 32.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -36.2 | -156.02% | 🇺🇸 USA |
 Honeywell HON | 23.5 | -63.69% | 🇺🇸 USA |
 Woodward WWD | 43.2 | -33.21% | 🇺🇸 USA |
 Air Industries Group AIRI | -8.24 | -112.75% | 🇺🇸 USA |
 Spirit AeroSystems SPR | -3.72 | -105.76% | 🇺🇸 USA |
 Astronics Corporation
ATRO | -13.6 | -120.97% | 🇺🇸 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.