Altice USA
$0.94 B
Share price
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Altice USA, Inc., or simply Altice, is an American cable television provider that delivers pay television, Internet access, telephone services, and original television content to approximately 4.9 million customers. The company operates the Optimum and Suddenlink brands.

P/E ratio for Altice USA (ATUS)

P/E ratio as of June 2024 (TTM): -41.2

According to Altice USA 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -41.2. At the end of 2022 the company had a P/E ratio of 11.0.

P/E ratio history for Altice USA from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change

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.