ALTEN
ATE.PA
#2586
Rank
$5.08 B
Marketcap
$145.64
Share price
-1.03%
Change (1 day)
-2.65%
Change (1 year)

P/E ratio for ALTEN (ATE.PA)

P/E ratio at the end of 2022: 8.10

According to ALTEN's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0997. At the end of 2022 the company had a P/E ratio of 8.10.

P/E ratio history for ALTEN from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20228.10-64.05%
202122.5-14.65%
202026.427.8%
201920.754.3%
201813.42.06%
201713.1-30.04%
201618.822.93%
201515.329.07%
201411.812.66%
201310.528.62%
20128.168.67%
20117.51-30.44%
201010.8-56.62%
200924.9304.26%
20086.15-51.46%
200712.7-12.25%
200614.4-16.34%
200517.312701.76%
20040.1349-99.61%
200334.4188.21%
200211.9-46.13%
200122.1

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.