As of Apr 30, 2024, the Aar stock's PE ratio is 40.67. This results from the current EPS of $1.7 and stock price of $69.14. The P/E ratio marks an increase of 28% from the past four quarters average of 31.8.
The PE ratio of Aar has averaged 63.64 over the last ten years. The current PE ratio of 40.67 is 36% below the historical average. Over the past ten years, AIR's PE ratio was at its highest in the Nov 2019 quarter at 446.9, when the stock price was $44.69 and the EPS was $0.1. The lowest value was in the May 2014 quarter, when it reached 13.14 with a price of $24.3 and an EPS of $1.85.
Maximum annual increase: 764.69% in 2015
Maximum annual decrease: -84.32% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 19.57 | -10.72% |
| 2022 | 21.92 | -46.98% |
| 2021 | 41.34 | -75.4% |
| 2020 | 168.08 | 11.72% |
| 2019 | 150.45 | 48.12% |
| 2018 | 101.57 | 382.52% |
| 2017 | 21.05 | 18.13% |
| 2016 | 17.82 | -84.32% |
| 2015 | 113.62 | 764.69% |
| 2014 | 13.14 | -9.63% |
The current PE ratio of AIR is above the 3-year historical average, but it is below the 5 and 10-year averages.
AIR's PE ratio is higher than its peer stock LMT.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LMT Lockheed Martin Corp | 16.83 | $110.79B |
| AIR Aar Corp | 40.58 | $2.44B |
| SPR Spirit AeroSystems Holdings Inc | N/A | $3.72B |
| BA Boeing Co | N/A | $105.26B |
| SAVE Spirit Airlines Inc | N/A | $376.6M |
AIR's price to earnings ratio is 40.67 as of Apr 30, 2024.
The 3-year average PE ratio for AIR stock is 25.38.
The 5-year average PE ratio for AIR stock is 84.07.
In the last ten years, the Nov 2019 quarter recorded the highest quarterly PE ratio at 446.9.
AIR's price to earnings ratio is currently 36% below its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Apr 30, 2024), Aar's stock price is $69.14. The earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $1.7. Therefore, Aar's P/E ratio for today is 40.67. PE RATIO(40.67) = STOCK PRICE($69.14) / TTM EPS($1.7)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.