P/E ratio for Atlas Corp (ATCO)
P/E ratio as of April 2024 (TTM): 7.66
According to Atlas Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.66337. At the end of 2021 the company had a P/E ratio of 10.3.
P/E ratio history for Atlas Corp from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.3 | -49.58% |
| 2020 | 20.5 | 149.07% |
| 2019 | 8.24 | 35.45% |
| 2018 | 6.08 | -15.3% |
| 2017 | 7.18 | -248.49% |
| 2016 | -4.84 | -145.76% |
| 2015 | 10.6 | -53.72% |
| 2014 | 22.8 | 237.29% |
| 2013 | 6.77 | -66.56% |
| 2012 | 20.3 | -401.97% |
| 2011 | -6.71 | -9.02% |
| 2010 | -7.37 | -254.75% |
| 2009 | 4.76 | -281.89% |
| 2008 | -2.62 | -97.86% |
| 2007 | -122 | -596.43% |
| 2006 | 24.6 | -50.42% |
| 2005 | 49.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Performance Shipping
PSHG | 0.2413 | -96.85% | 🇬🇷 Greece |
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.