P/E ratio for Altisource Portfolio (ASPS)
P/E ratio as of October 2023 (TTM): -1.26
According to Altisource Portfolio 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.26019. At the end of 2021 the company had a P/E ratio of 15.4.
P/E ratio history for Altisource Portfolio from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 15.4 | -614.32% |
| 2020 | -2.99 | 205.64% |
| 2019 | -0.9777 | -98.57% |
| 2018 | -68.2 | |
| 2015 | 13.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walker & Dunlop
WD | 16.9 | -1,437.14% | 🇺🇸 USA |
 Ladder Capital
LADR | 8.86 | -802.84% | 🇺🇸 USA |
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.