Atlantica
AY
#3735
Rank
$2.57 B
Marketcap
$22.21
Share price
-5.17%
Change (1 day)
-9.75%
Change (1 year)

P/E ratio for Atlantica (AY)

P/E ratio as of May 2024 (TTM): 171

According to Atlantica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 170.846. At the end of 2022 the company had a P/E ratio of -432.

P/E ratio history for Atlantica from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-432225.92%
2021-132-141.85%
2020317643.58%
201942.6-10.96%
201847.8-352.44%
2017-18.9-95.11%
2016-3874153.19%
2015-9.10-98.66%
2014-682

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.2-89.37%๐Ÿ‡บ๐Ÿ‡ธ USA
20.7-87.86%๐Ÿ‡บ๐Ÿ‡ธ 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.