Altair Engineering
ALTR
$75.56
Share price
1.40%
Change (1 day)
37.48%
Change (1 year)
Categories
Altair Engineering (ALTR) - P/B ratio
P/B ratio as of May 2023 : 10.7
According to Altair Engineering
's latest financial reports the company has a price-to-book ratio of 10.7.
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 2022)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 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 | 8.25% |
| 2018-12-31 | 6.73 | -71.86% |
| 2017-12-31 | 23.9 | INF% |
| 2016-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Intel INTC | 1.25 | -88.35% | 🇺🇸 USA |
 IBM IBM | 5.43 | -49.26% | 🇺🇸 USA |
 Texas Instruments TXN | 10.5 | -1.69% | 🇺🇸 USA |
 Quicklogic QUIK | 7.03 | -34.25% | 🇺🇸 USA |
 Lattice Semiconductor LSCC | 22.5 | 110.68% | 🇺🇸 USA |