Air T, Inc.

Air T, Inc.verified

AIRT

Price:

$15.51

Market Cap:

$42.81M

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft under the dry-lease agreements with FedEx. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, grou...[Read more]

Industry

Integrated Freight & Logistics

IPO Date

1984-04-24

Stock Exchange

NASDAQ

Ticker

AIRT

The PE Ratio as of November 2024 (TTM) for Air T, Inc. (AIRT) is -7.11

According to Air T, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -7.11. This represents a change of -58.85% compared to the average of -17.28 of the last 4 quarters.

Air T, Inc. (AIRT) Historical PE Ratio (quarterly & annually)

How has AIRT PE Ratio performed in the past?

The mean historical PE Ratio of Air T, Inc. over the last ten years is 8.42. The current -7.11 PE Ratio has changed -8544.79% with respect to the historical average. Over the past ten years (40 quarters), AIRT's PE Ratio was at its highest in in the December 2022 quarter at 160.77. The PE Ratio was at its lowest in in the June 2024 quarter at -46.73.

Quarterly (TTM)
Annual

Average

8.42

Median

8.51

Minimum

-13.34

Maximum

45.73

Air T, Inc. (AIRT) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Air T, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 101.46%

Maximum Annual PE Ratio = 45.73

Minimum Annual Increase = -270.14%

Minimum Annual PE Ratio = -13.34

Quarterly (TTM)
Annual
YearPE RatioChange
2024-8.6843.56%
2023-6.05-200.90%
20226.00-173.57%
2021-8.15-173.94%
202011.02-75.90%
201945.73101.46%
201822.70-270.14%
2017-13.34-215.04%
201611.60-50.37%
201523.3717.28%

Air T, Inc. (AIRT) Average PE Ratio

How has AIRT PE Ratio performed in the past?

The current PE Ratio of Air T, Inc. (AIRT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-2.91

5-year avg

-1.17

10-year avg

8.42

Air T, Inc. (AIRT) PE Ratio vs. Peers

How is AIRT’s PE Ratio compared to its peers?

Air T, Inc.’s PE Ratio is less than Addentax Group Corp. (-1.84), less than Hub Group, Inc. (0), less than Landstar System, Inc. (24.70), less than J.B. Hunt Transport Services, Inc. (30.25), less than Expeditors International of Washington, Inc. (32.25), less than C.H. Robinson Worldwide, Inc. (25.16), less than Forward Air Corporation (35.33), less than null (-1.20),

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