Heico currently trades with a PEG ratio of 2.14, based on Aug 14, 2026 data. Dividing the 66.08 PE ratio by the 30.9% earnings growth rate produces this figure. Relative to the 2.03 average from the past 4 quarters, the PEG ratio has increased by 5%.
Historically, Heico maintains a PEG ratio averaging 2.51 across the last ten years. At 2.14, today's PEG ratio sits 15% lower than its historical average. The ten years high came in the Jan 2023 quarter at 5.68, reflecting peak valuation relative to growth. The bottom was reached in the Jul 2018 quarter at 1.08, suggesting favorable value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.88 | 63.94 | 34% |
| 2024 | 2.52 | 66.02 | 26.2% |
| 2023 | 3.99 | 53.88 | 13.5% |
| 2022 | 4.16 | 62.8 | 15.1% |
| 2021 | N/A | 61.95 | -3.4% |
| 2020 | N/A | 45.09 | -4.9% |
| 2019 | 2.01 | 50.34 | 25% |
| 2018 | 1.1 | 42.77 | 39% |
| 2017 | 2.22 | 41.16 | 18.5% |
| 2016 | 1.74 | 29.07 | 16.7% |
| 2015 | 2.61 | 25.32 | 9.7% |
| 2014 | 1.69 | 29.86 | 17.7% |
| 2013 | 1.76 | 34.73 | 19.7% |
| 2012 | 1.52 | 23.97 | 15.8% |
| 2011 | 1.11 | 32.78 | 29.5% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Apr 2026 | 1.54 | 47.6 | 30.9% |
| Jan 2026 | 2.56 | 64.63 | 25.2% |
| Oct 2025 | 1.88 | 63.94 | 34% |
| Jul 2025 | 2.14 | 70.89 | 33.2% |
| Apr 2025 | 1.66 | 57.91 | 34.9% |
| Jan 2025 | 1.8 | 58.42 | 32.4% |
| Oct 2024 | 2.52 | 66.02 | 26.2% |
| Jul 2024 | 3.69 | 69.75 | 18.9% |
| Apr 2024 | 4.17 | 64.61 | 15.5% |
| Jan 2024 | 3.42 | 58.12 | 17% |
| Oct 2023 | 3.99 | 53.88 | 13.5% |
| Jul 2023 | 3.9 | 60.47 | 15.5% |
| Apr 2023 | 5.01 | 60.66 | 12.1% |
| Jan 2023 | 5.68 | 64.75 | 11.4% |
| Oct 2022 | 4.16 | 62.8 | 15.1% |
Measured against past performance, HEI's PEG ratio comes in under the 3, 5 and 10-year averages.
With a PEG of 2.14, HEI ranks higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.13, Heico's PEG is 89% higher.
Relative to its peers, HEI's PEG ratio is below GE's yet above SIF's.
HEI's Aug 14, 2026 PEG ratio comes in at 2.14.
HEI's 3-year PEG ratio average comes in at 2.67.
HEI's 5-year PEG ratio average comes in at 3.08.
In the last ten years, HEI's peak PEG ratio of 5.68 occurred in the Jan 2023 quarter.
Compared to the 10-year average, HEI's PEG ratio sits 15% lower.
Slow earnings growth combined with a rich valuation drives HEI's PEG ratio to 2.14.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth rate (YoY TTM). As of Aug 14, 2026, Heico carries a PE ratio of 66.08. Earnings grew at 30.9% over the TTM period ending Apr 2026. Applying the formula, this yields a PEG ratio of 2.14. PEG RATIO(2.14) = PE RATIO(66.08) / EPS GROWTH(30.9%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.