P/E ratio for Atmos Energy (ATO)
P/E ratio as of April 2024 (TTM): 20.0
According to Atmos Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.006. At the end of 2022 the company had a P/E ratio of 19.6.
P/E ratio history for Atmos Energy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.6 | -1.07% |
| 2021 | 19.8 | 6.88% |
| 2020 | 18.5 | -25.95% |
| 2019 | 25.0 | 7.15% |
| 2018 | 23.4 | 48.2% |
| 2017 | 15.8 | -23.7% |
| 2016 | 20.7 | 2.55% |
| 2015 | 20.1 | 8.04% |
| 2014 | 18.6 | 12.87% |
| 2013 | 16.5 | 18.04% |
| 2012 | 14.0 | -7.28% |
| 2011 | 15.1 | -1.82% |
| 2010 | 15.4 | 18.15% |
| 2009 | 13.0 | 11.43% |
| 2008 | 11.7 | -24.64% |
| 2007 | 15.5 | -6.3% |
| 2006 | 16.5 | 12.88% |
| 2005 | 14.6 | -15.22% |
| 2004 | 17.3 | -2.41% |
| 2003 | 17.7 | 16.25% |
| 2002 | 15.2 | -4.69% |
| 2001 | 16.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CenterPoint Energy
CNP | 22.7 | 13.65% | 🇺🇸 USA |
 NiSource
NI | 17.3 | -13.74% | 🇺🇸 USA |
 Oneok OKE | 14.9 | -25.69% | 🇺🇸 USA |
 RGC Resources RGCO | -171 | -954.95% | 🇺🇸 USA |
 Chesapeake Utilities
CPK | 21.2 | 5.97% | 🇺🇸 USA |
 ONE Gas
OGS | 15.5 | -22.30% | 🇺🇸 USA |
 National Fuel Gas
NFG | 10.4 | -48.12% | 🇺🇸 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.