P/E ratio for Astec Industries (ASTE)
P/E ratio as of April 2024 (TTM): 55.3
According to Astec Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 55.2564. At the end of 2022 the company had a P/E ratio of < -1000.
P/E ratio history for Astec Industries from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | < -1000 | -2.2276030040634E+18% |
| 2021 | 87.7 | 215.1% |
| 2020 | 27.8 | -37.06% |
| 2019 | 44.2 | -488.07% |
| 2018 | -11.4 | -131.94% |
| 2017 | 35.7 | 26.9% |
| 2016 | 28.1 | -1.24% |
| 2015 | 28.5 | 9.33% |
| 2014 | 26.0 | 15.91% |
| 2013 | 22.5 | 19.16% |
| 2012 | 18.8 | 4.74% |
| 2011 | 18.0 | -20.05% |
| 2010 | 22.5 | -88.3% |
| 2009 | 192 | 1644.33% |
| 2008 | 11.0 | -23.17% |
| 2007 | 14.4 | -24.32% |
| 2006 | 19.0 | -19.83% |
| 2005 | 23.7 | 33.39% |
| 2004 | 17.7 | -310.6% |
| 2003 | -8.42 | -84.78% |
| 2002 | -55.4 | -138.29% |
| 2001 | 145 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 20.5 | -62.96% | 🇺🇸 USA |
 NOV NOV | 14.9 | -73.12% | 🇺🇸 USA |
 Gencor Industries
GENC | 20.6 | -62.68% | 🇺🇸 USA |
 Columbus McKinnon CMCO | 23.5 | -57.55% | 🇺🇸 USA |
 Forum Energy Technologies
FET | -55.7 | -200.83% | 🇺🇸 USA |
 The Manitowoc Company
MTW | -4.73 | -108.57% | 🇺🇸 USA |
 Terex
TEX | 8.52 | -84.58% | 🇺🇸 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.