Air Industries Price to Earning Trend from 2010 to 2022

AIRI
 Stock
  

USD 0.72  0.03  4.35%   

Air Industries Interest Expense is most likely to increase significantly in the upcoming years. The last year's value of Interest Expense was reported at 1.26 Million. The current Net Income is estimated to increase to about 1.8 M, while Cost of Revenue is projected to decrease to roughly 45.6 M.
  
Check Air Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Air Industries main balance sheet or income statement drivers, such as Consolidated Income of 1.8 M, Cost of Revenue of 45.6 M or Earning Before Interest and Taxes EBIT of 3.1 M, as well as many exotic indicators such as Asset Turnover of 0.97, Book Value per Share of 0.56 or Current Ratio of 1.72. Air Industries financial statements analysis is a perfect complement when working with Air Industries Valuation or Volatility modules. It can also supplement various Air Industries Technical models . Please continue to the analysis of Air Industries Correlation against competitors.

Air Industries Price to Earning Breakdown

Showing smoothed Price to Earnings Ratio of Air Industries Group with missing and latest data points interpolated. An alternative to [PE] representing the ratio between [Price] and [EPSUSD].Air Industries' Price to Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Air Industries' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 11.77 X10 Years Trend
   Price to Earnings Ratio   
Share
       Timeline  

Air Industries Price to Earning Regression Statistics

Arithmetic Mean 8.97
Coefficient Of Variation 443.22
Mean Deviation 24.21
Median 4.68
Standard Deviation 39.77
Sample Variance 1,582
Range 179.29
R-Value 0.004236
Mean Square Error 1,725
R-Squared 0.00001795
Significance 0.99
Slope 0.043259
Total Sum of Squares 18,979

Air Industries Price to Earning History

2012 13.46
2013 13.82
2014 105.2
2015 -74.09
2016 -1.53
2017 -0.99
2018 -1.74
2019 -25.56
2020 41.0
2021 18.14
2022 19.57

About Air Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Air Industries income statement, its balance sheet, and the statement of cash flows. Air Industries investors use historical funamental indicators, such as Air Industries's Price to Earning, to determine how well the company is positioned to perform in the future. Although Air Industries investors may use each financial statement separately, they are all related. The changes in Air Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Air Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Air Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Air Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Price to Earnings Ratio 18.14  19.57 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA6.2 M6.7 M
Earnings before Tax1.6 M1.8 M
Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Air Industries Group was founded in 1979 and is headquartered in Bay Shore, New York. Air Industries operates under Aerospace Defense classification in the United States and is traded on NYSEMKT Exchange. It employs 197 people.

Air Industries Investors Sentiment

The influence of Air Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Air Industries. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Air Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Air Industries' short interest history, or implied volatility extrapolated from Air Industries options trading.

Pair Trading with Air Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Air Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Air Industries will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Air Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Air Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Air Industries Group to buy it.
The correlation of Air Industries is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Air Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Industries Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Air Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Air Industries Correlation against competitors. Note that the Air Industries Group information on this page should be used as a complementary analysis to other Air Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Air Industries Stock analysis

When running Air Industries Group price analysis, check to measure Air Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Industries is operating at the current time. Most of Air Industries' value examination focuses on studying past and present price action to predict the probability of Air Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Air Industries' price. Additionally, you may evaluate how the addition of Air Industries to your portfolios can decrease your overall portfolio volatility.
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Is Air Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Industries. If investors know Air Industries will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Air Industries Group is measured differently than its book value, which is the value of Air Industries that is recorded on the company's balance sheet. Investors also form their own opinion of Air Industries' value that differs from its market value or its book value, called intrinsic value, which is Air Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Industries' market value can be influenced by many factors that don't directly affect Air Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Air Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.