Altarea
ALTA.PA
#3156
Rank
$2.88 B
Marketcap
$139.26
Share price
-0.90%
Change (1 day)
-21.64%
Change (1 year)

P/E ratio for Altarea (ALTA.PA)

P/E ratio at the end of 2021: 12.3

According to Altarea's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4659. At the end of 2021 the company had a P/E ratio of 12.3.

P/E ratio history for Altarea from 2006 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202112.3-288.95%
2020-6.53-150.54%
201912.940.22%
20189.218.43%
20178.50-43.53%
201615.0-24.15%
201519.870.32%
201411.661.27%
20137.22-56.69%
201216.751.54%
201111.065.33%
20106.65-193.24%
2009-7.14235.78%
2008-2.13-170.24%
20073.03-17.76%
20063.68

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.