Air T, Inc. (AIRT) P/E Ratio History
Historical price-to-earnings valuation from 1991 to 2023
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AIRT Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Air T, Inc. (AIRT) trades at a price-to-earnings ratio of -10.1x, with a stock price of $22.50 and trailing twelve-month earnings per share of $-2.50.
The current P/E is 127% below its 5-year average of 37.6x. Over the past five years, AIRT's P/E has ranged from a low of 4.6x to a high of 190.2x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.5x, AIRT trades at a 140% discount to its sector peers. The sector includes 413 companies with P/E ratios ranging from 0.0x to 185.3x.
Relative to the broader market, AIRT trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our AIRT DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
AIRT P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $1B | 72.1 | - | -36% | |
| $85B | 15.3Lowest | 0.45 | -3% | |
| $3B | 25.3 | 20.74 | -35% | |
| $182B | 93.2 | - | +114%Best | |
| $316B | 37.1 | 3.14 | +36% | |
| $9B | 77.5 | - | -86% | |
| $8B | 108.5 | - | -29% | |
| $3B | 21.7 | 0.16Best | +26% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
AIRT Historical P/E Data (1991–2023)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2023 Q3 | Sat Dec 31 2022 00:00:00 GM | $24.72 | $0.57 | 43.5x | +43% |
| FY2023 Q2 | Fri Sep 30 2022 00:00:00 GM | $17.12 | $0.09 | 190.2x | +527% |
| FY2023 Q1 | $16.46 | $3.16 | 5.2x | -83% | |
| FY2022 Q4 | $22.75 | $3.76 | 6.1x | -80% | |
| FY2022 Q3 | Fri Dec 31 2021 00:00:00 GM | $25.15 | $0.32 | 78.6x | +159% |
| FY2022 Q2 | $28.68 | $1.49 | 19.2x | -37% | |
| FY2021 Q1 | $11.75 | $1.66 | 7.1x | -77% | |
| FY2020 Q4 | $12.51 | $2.74 | 4.6x | -85% | |
| FY2020 Q3 | $20.15 | $3.67 | 5.5x | -82% | |
| FY2020 Q2 | Mon Sep 30 2019 00:00:00 GM | $18.78 | $2.92 | 6.4x | -79% |
| FY2020 Q1 | Sun Jun 30 2019 00:00:00 GM | $17.49 | $0.60 | 29.1x | -4% |
| FY2019 Q4 | Sun Mar 31 2019 00:00:00 GM | $20.13 | $0.73 | 27.6x | -9% |
Average P/E for displayed period: 30.3x
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Start ComparisonAIRT — Frequently Asked Questions
Quick answers to the most common questions about buying AIRT stock.
Is AIRT stock overvalued or undervalued?
AIRT trades at -10.1x P/E, below its 5-year average of 37.6x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does AIRT's valuation compare to peers?
Air T, Inc. P/E of -10.1x compares to sector median of 25.5x. The discount suggests lower growth expectations or higher risk.
What is AIRT's PEG ratio?
AIRT PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1991-2023.