Start with its own history
At 56.18×, HEI is 8.8% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · HEIAerospace & DefenseUpdated Nov 5, 2026
HEICO Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
56.18×
8.8% abovethe 10-year annual average
Share price337.67
÷Earnings per share6.01
Price and EPS in quote currency. Calculation details
Investors are paying 56.18 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 51.63×
3-year average61.28×3 positive annual observations
5-year average61.58×5 positive annual observations
10-year average51.63×10 positive annual observations
Peer median · TTM29.56×6 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Oct 31, 2025 | 63.94× | -3.2% |
| Oct 31, 2024 | 66.02× | +22.5% |
| Oct 31, 2023 | 53.88× | -14.2% |
| Oct 31, 2022 | 62.80× | +2.5% |
| Oct 31, 2021 | 61.24× | +35.8% |
| Oct 31, 2020 | 45.09× | -10.4% |
| Oct 31, 2019 | 50.34× | +17.7% |
| Oct 31, 2018 | 42.77× | +3.9% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Oct 31, 2017 | 41.16× | +41.6% |
| Oct 31, 2016 | 29.07× | +14.8% |
| Oct 31, 2015 | 25.32× | -15.2% |
| Oct 31, 2014 | 29.86× | -14.0% |
| Oct 31, 2013 | 34.72× | +44.9% |
| Oct 31, 2012 | 23.97× | -26.9% |
| Oct 31, 2011 | 32.77× | +10.7% |
| Oct 31, 2010 | 29.61× | +78.1% |
| Oct 31, 2009 | 16.63× | +11.2% |
| Oct 31, 2008 | 14.94× | -41.1% |
| Oct 31, 2007 | 25.38× | +20.1% |
| Oct 31, 2006 | 21.14× | -9.1% |
| Oct 31, 2005 | 23.25× | +8.7% |
| Oct 31, 2004 | 21.39× | -18.6% |
| Oct 31, 2003 | 26.27× | +87.7% |
| Oct 31, 2002 | 14.00× | -26.1% |
| Oct 31, 2001 | 18.93× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How HEI compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 HEI This stockHEICO Corporation | 56.18× |
 TDGTransDigm Group Incorporated | 36.92× |
 CWCurtiss-Wright Corporation | 30.95× |
 AIRAAR Corp. | 22.05× |
 ATROAstronics Corporation | 28.18× |
 DCODucommun Incorporated | N/M |
 MRCYMercury Systems, Inc. | N/M |
 ESEESCO Technologies Inc. | 19.76× |
 HWMHowmet Aerospace Inc. | 41.63× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does HEI’s P/E tell you?
Compare like with like
The median of the 6 positive peer ratios above is 29.56×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take HEI into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("HEI", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 337.67 ÷ EPS 6.01 = 56.18×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
HEI P/E ratio: common questions
The essentials behind the numbers.
HEICO Corporation's current P/E is 56.18× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.