P/E ratio for Allied Motion Technologies (AMOT)
P/E ratio as of April 2024 (TTM): 23.0
According to Allied Motion Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.027. At the end of 2022 the company had a P/E ratio of 30.8.
P/E ratio history for Allied Motion Technologies from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.8 | 40.14% |
| 2021 | 22.0 | -38.7% |
| 2020 | 35.9 | 34.2% |
| 2019 | 26.7 | 2.25% |
| 2018 | 26.1 | -31.29% |
| 2017 | 38.0 | 77.81% |
| 2016 | 21.4 | -1.97% |
| 2015 | 21.8 | 38.23% |
| 2014 | 15.8 | -43.86% |
| 2013 | 28.1 | 167.42% |
| 2012 | 10.5 | 52.87% |
| 2011 | 6.88 | -56.01% |
| 2010 | 15.6 | -1125.75% |
| 2009 | -1.52 | -131.25% |
| 2008 | 4.88 | -62.23% |
| 2007 | 12.9 | -41.72% |
| 2006 | 22.2 | -20.28% |
| 2005 | 27.8 | 54.02% |
| 2004 | 18.0 | -12.74% |
| 2003 | 20.7 | |
| 2001 | 12.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Transcat TRNS | 96.8 | 320.19% | 🇺🇸 USA |
 Altra Industrial Motion
AIMC | 238 | 935.24% | 🇺🇸 USA |
 MAG Silver MAG | 38.9 | 69.09% | 🇨🇦 Canada |
 Rexnord RXN | N/A | N/A | 🇺🇸 USA |
 Generac Power Systems GNRC | 53.2 | 130.91% | 🇺🇸 USA |
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.