P/E ratio for Altra Industrial Motion (AIMC)
P/E ratio as of April 2024 (TTM): 238
According to Altra Industrial Motion 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 238.385. At the end of 2021 the company had a P/E ratio of 117.
P/E ratio history for Altra Industrial Motion from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 117 | -184.58% |
| 2020 | -139 | -857.74% |
| 2019 | 18.3 | -4.74% |
| 2018 | 19.2 | -32.2% |
| 2017 | 28.3 | -25.57% |
| 2016 | 38.0 | 104.77% |
| 2015 | 18.6 | -1.19% |
| 2014 | 18.8 | -17.59% |
| 2013 | 22.8 | -4.82% |
| 2012 | 24.0 | 80.74% |
| 2011 | 13.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Electric GE | 19.0 | -92.04% | 🇺🇸 USA |
 RBC Bearings RBC | 45.2 | -81.03% | 🇺🇸 USA |
 Allied Motion Technologies
AMOT | 23.0 | -90.34% | 🇺🇸 USA |
 Rexnord RXN | N/A | N/A | 🇺🇸 USA |
 Timken Company
TKR | 14.1 | -94.07% | 🇺🇸 USA |
 Kaman KAMN | -26.7 | -111.21% | 🇺🇸 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.