P/E ratio for Altarea (ALTA.PA)
P/E ratio at the end of 2022: 7.27
According to Altarea's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.90712. At the end of 2022 the company had a P/E ratio of 7.27.
P/E ratio history for Altarea from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.27 | -41.07% |
| 2021 | 12.3 | -288.64% |
| 2020 | -6.54 | -150.62% |
| 2019 | 12.9 | 38.48% |
| 2018 | 9.33 | 9.79% |
| 2017 | 8.50 | -43.53% |
| 2016 | 15.0 | -24.52% |
| 2015 | 19.9 | 71.16% |
| 2014 | 11.6 | 61.27% |
| 2013 | 7.22 | -56.69% |
| 2012 | 16.7 | 54.07% |
| 2011 | 10.8 | 62.61% |
| 2010 | 6.65 | -193.24% |
| 2009 | -7.14 | 235.78% |
| 2008 | -2.13 | -170.24% |
| 2007 | 3.03 | -17.76% |
| 2006 | 3.68 |
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.