P/E ratio for Embraer (ERJ)
P/E ratio as of May 2024 (TTM): < -1000
According to Embraer's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1153.46. At the end of 2022 the company had a P/E ratio of 51.1.
P/E ratio history for Embraer from 2003 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 51.1 | -169.86% |
| 2021 | -73.1 | 4168.67% |
| 2020 | -1.71 | |
| 2017 | 55.7 | -26.14% |
| 2016 | 75.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -38.9 | -96.63% | 🇺🇸 USA |
 Lockheed Martin LMT | 16.9 | -101.47% | 🇺🇸 USA |
 AAR AIR | 37.4 | -103.24% | 🇺🇸 USA |
 General Dynamics GD | 24.5 | -102.12% | 🇺🇸 USA |
 Northrop Grumman NOC | 15.4 | -101.34% | 🇺🇸 USA |
 Textron TXT | 18.7 | -101.62% | 🇺🇸 USA |
 Spirit AeroSystems SPR | -3.48 | -99.70% | 🇺🇸 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.