AstronicsATRO -6.86%56 Forward PE Ratio is 26.14 as of Jul. 03, 2026. GuruFocus rates ATRO with a GF Score™ of 56/100 and a GF Value™ of $19.50 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 204 Aerospace & Defense companies, Astronics ranks better than 57.84% on this metric.
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Astronics Forward PE Ratio Related Terms
Astronics Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Astronics's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Astronics Forward PE Ratio Chart
Astronics Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2024-12
2025-12
Forward PE Ratio
14.49
16.50
20.75
16.78
21.05
14.91
23.88
Astronics Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
14.49
13.77
15.02
17.67
16.50
15.48
14.86
13.77
20.75
17.92
20.53
18.66
16.78
19.49
21.05
14.14
21.05
13.57
14.91
20.85
31.26
22.24
23.88
25.80
ATRO vs FLY, BETA, ACHR: Forward PE Ratio Comparison
For the Aerospace & Defense subindustry, Astronics's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Astronics Forward PE Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Astronics's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Astronics's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Astronics (ATRO) has a Forward PE Ratio of 26.14 as of Jul. 03, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Astronics and its competitors. According to the industry distribution chart, Astronics ranks #86 out of 204 companies in the Aerospace & Defense industry, placing it in the top 42.2%.
Is Astronics' Forward PE Ratio too high?
Astronics' current Forward PE Ratio is 26.14. The Aerospace & Defense industry median Forward PE Ratio is 29.36. Astronics' value of 26.14 is 11% below this industry median. Based on the distribution chart, Astronics ranks #86 out of 204 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Astronics has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astronics' Forward PE Ratio compare to FLY and BETA?
According to the Aerospace & Defense industry distribution chart, Astronics ranks #86 out of 204 companies for Forward PE Ratio. This puts Astronics in the upper half of its industry. The industry median Forward PE Ratio is 29.36. Astronics' value of 26.14 is 11% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Aerospace & Defense company?
The median Forward PE Ratio among Aerospace & Defense companies is 29.36, based on 204 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Astronics's current Forward PE Ratio of 26.14 is 11% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Astronics and its competitors. For the Aerospace & Defense industry, the median Forward PE Ratio is 29.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astronics's current Forward PE Ratio is 26.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astronics stock overvalued right now?
Based on GuruFocus' analysis, Astronics (ATRO) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.50, compared to a current price of $70.88 — trading 263.5% above its estimated fair value. The current Forward PE Ratio is 26.14 and 11% below the Aerospace & Defense industry median of 29.36. Astronics' overall GF Score™ is 56/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Astronics (ATRO), the current Forward PE Ratio is 26.14 as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Astronics (ATRO) Overvalued in 2026?
Based on GuruFocus' analysis, Astronics stock appears to be overvalued.
The current stock price of $70.88 is trading 263.5% above its estimated GF Value™ of $19.50.
GuruFocus considers Astronics to be Significantly Overvalued.
Key valuation signals for ATRO:
Forward PE Ratio: 26.14
GF Value™: $19.50 vs. price of $70.88 (263.5% above fair value)
Industry Position: 11% below the Aerospace & Defense median (#86 of 204)
No single metric tells the full story. See the ATRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Astronics Corporation is a provider of technologies to the aerospace, defense, and electronics industries, offering high-performance electrical power generation and distribution systems, motion systems, lighting and safety systems, avionics products, systems certification, aircraft structures, and automated test systems. The company operates through two reportable segments, Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the aerospace and defense industry and generates the majority of revenue, while the Test Systems segment designs, develops, manufactures, and maintains automated test systems for the aerospace and defense, communications, and mass transit industries. The company derives the majority of its revenue from the United States.
56GF Score
Get the complete analysis for ATRO
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ATRO has been successfully added to your 