P/E ratio for TransDigm (TDG)
P/E ratio as of October 2023 (TTM): 45.2
According to TransDigm's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.1982. At the end of 2021 the company had a P/E ratio of 49.8.
P/E ratio history for TransDigm from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 49.8 | -47.95% |
| 2020 | 95.6 | 119.82% |
| 2019 | 43.5 | 86.81% |
| 2018 | 23.3 | 3.13% |
| 2017 | 22.6 | -25.89% |
| 2016 | 30.5 | 9.11% |
| 2015 | 27.9 | -52.07% |
| 2014 | 58.3 | 15.79% |
| 2013 | 50.3 | 102.22% |
| 2012 | 24.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -25.4 | -156.25% | 🇺🇸 USA |
 Honeywell HON | 23.0 | -49.21% | 🇺🇸 USA |
 Woodward WWD | 36.9 | -18.32% | 🇺🇸 USA |
 Air Industries Group AIRI | -4.56 | -110.10% | 🇺🇸 USA |
 Spirit AeroSystems SPR | -1.99 | -104.41% | 🇺🇸 USA |
 Astronics Corporation
ATRO | -13.6 | -130.11% | 🇺🇸 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.