P/E ratio for American Axle & Manufacturing (AXL)

P/E ratio history for American Axle & Manufacturing from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Magna International MGA	13.1	-21.30%	🇨🇦 Canada
Dana DAN	-11.1	-166.31%	🇺🇸 USA
Superior Industries International SUP	-0.5975	-103.58%	🇺🇸 USA
Stoneridge SRI	-20.3	-221.76%	🇺🇸 USA
Tenneco TEN	-7.01	-142.07%	🇺🇸 USA
Miller Industries MLR	19.8	18.60%	🇺🇸 USA
BorgWarner BWA	10.8	-35.50%	🇺🇸 USA
Lear Corporation LEA	9.83	-41.04%	🇺🇸 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.