Altair Engineering
ALTR
#2023
Rank
$7.53 B
Marketcap
$90.76
Share price
0.12%
Change (1 day)
29.82%
Change (1 year)

Altair Engineering (ALTR) - P/B ratio

P/B ratio as of May 2024 : 9.88

According to Altair Engineering 's latest financial reports the company has a price-to-book ratio of 9.88.
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
2024-12-31N/A-100%
2023-12-319.6651.04%
2022-12-316.40-35.58%
2021-12-319.93-12.1%
2020-12-3111.355.13%
2019-12-317.2810.83%
2018-12-316.57-72.52%
2017-12-3123.9
2016-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
1.16-88.21%๐Ÿ‡บ๐Ÿ‡ธ USA
6.72-31.98%๐Ÿ‡บ๐Ÿ‡ธ USA
10.6 7.08%๐Ÿ‡บ๐Ÿ‡ธ USA
10.0 1.47%๐Ÿ‡บ๐Ÿ‡ธ USA
14.9 50.98%๐Ÿ‡บ๐Ÿ‡ธ USA