Altair Engineering
ALTR
$87.33
Share price
-1.17%
Change (1 day)
19.09%
Change (1 year)
Categories
Altair Engineering (ALTR) - P/B ratio
P/B ratio as of June 2024 : 9.76
According to Altair Engineering
's latest financial reports the company has a price-to-book ratio of 9.76.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Altair Engineering - P/B ratio (from 2017 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 9.66 | 51.04% |
| 2022-12-31 | 6.40 | -35.58% |
| 2021-12-31 | 9.93 | -12.1% |
| 2020-12-31 | 11.3 | 55.13% |
| 2019-12-31 | 7.28 | 10.83% |
| 2018-12-31 | 6.57 | -72.52% |
| 2017-12-31 | 23.9 | |
| 2016-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Intel INTC | 1.17 | -88.03% | 🇺🇸 USA |
 IBM IBM | 6.58 | -32.62% | 🇺🇸 USA |
 Texas Instruments TXN | 10.5 | 7.48% | 🇺🇸 USA |
 Quicklogic QUIK | 8.65 | -11.38% | 🇺🇸 USA |
 Lattice Semiconductor LSCC | 15.4 | 57.34% | 🇺🇸 USA |