P/E ratio for Triumph Group (TGI)
P/E ratio as of October 2023 (TTM): 5.91
According to Triumph Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.91339. At the end of 2021 the company had a P/E ratio of -10.5.
P/E ratio history for Triumph Group from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -10.5 | |
| 2019 | -8.23 | 508.4% |
| 2018 | -1.35 | -75.08% |
| 2017 | -5.43 | 314.46% |
| 2016 | -1.31 | -107.88% |
| 2015 | 16.6 | -5.48% |
| 2014 | 17.6 | 4.56% |
| 2013 | 16.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -25.2 | -526.54% | 🇺🇸 USA |
 Textron TXT | 17.4 | 194.38% | 🇺🇸 USA |
 Honeywell HON | 22.2 | 275.86% | 🇺🇸 USA |
 Spirit AeroSystems SPR | -2.05 | -134.61% | 🇺🇸 USA |
 HEICO HEI | 54.7 | 825.72% | 🇺🇸 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.