P/E ratio for ALTEN (ATE.PA)
P/E ratio at the end of 2022: 8.72
According to ALTEN's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.41028. At the end of 2022 the company had a P/E ratio of 8.72.
P/E ratio history for ALTEN from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.72 | -64.05% |
| 2021 | 24.2 | -14.65% |
| 2020 | 28.4 | 27.8% |
| 2019 | 22.2 | 54.3% |
| 2018 | 14.4 | 2.06% |
| 2017 | 14.1 | -30.04% |
| 2016 | 20.2 | 22.93% |
| 2015 | 16.4 | 29.07% |
| 2014 | 12.7 | 12.66% |
| 2013 | 11.3 | 28.62% |
| 2012 | 8.78 | 8.67% |
| 2011 | 8.08 | -30.44% |
| 2010 | 11.6 | -56.62% |
| 2009 | 26.8 | 304.26% |
| 2008 | 6.62 | -51.46% |
| 2007 | 13.6 | -12.25% |
| 2006 | 15.5 | -16.34% |
| 2005 | 18.6 | 12701.76% |
| 2004 | 0.1451 | -99.61% |
| 2003 | 37.0 | 188.21% |
| 2002 | 12.8 | -46.13% |
| 2001 | 23.8 |
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.