P/E ratio for Triumph Group (TGI)
P/E ratio as of April 2024 (TTM): 10.2
According to Triumph Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.189. At the end of 2022 the company had a P/E ratio of 7.06.
P/E ratio history for Triumph Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.06 | -167.44% |
| 2021 | -10.5 | 630.16% |
| 2020 | -1.43 | -82.58% |
| 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 | 75.77% |
| 2012 | 9.57 | -31.53% |
| 2011 | 14.0 | -10.54% |
| 2010 | 15.6 | 26.34% |
| 2009 | 12.4 | 57.05% |
| 2008 | 7.88 | -63.94% |
| 2007 | 21.8 | 13.32% |
| 2006 | 19.3 | 20.57% |
| 2005 | 16.0 | -76.93% |
| 2004 | 69.3 | 210.32% |
| 2003 | 22.3 | 87.38% |
| 2002 | 11.9 | 10.38% |
| 2001 | 10.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -36.2 | -455.47% | 🇺🇸 USA |
 Textron TXT | 19.7 | 93.74% | 🇺🇸 USA |
 Honeywell HON | 23.5 | 130.39% | 🇺🇸 USA |
 Spirit AeroSystems SPR | -3.72 | -136.56% | 🇺🇸 USA |
 HEICO HEI | 67.8 | 565.56% | 🇺🇸 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.