P/E ratio for Atmos Energy (ATO)
P/E ratio as of March 2023 (TTM): 19.3
According to Atmos Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.2745. At the end of 2020 the company had a P/E ratio of 18.5.
P/E ratio history for Atmos Energy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | |
| 2013 | 16.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CenterPoint Energy
CNP | 16.6 | -14.03% | 🇺🇸 USA |
 NiSource
NI | 19.2 | -0.47% | 🇺🇸 USA |
 Oneok OKE | 16.7 | -13.54% | 🇺🇸 USA |
 RGC Resources RGCO | -6.37 | -133.03% | 🇺🇸 USA |
 Chesapeake Utilities
CPK | 24.8 | 28.93% | 🇺🇸 USA |
 ONE Gas
OGS | 19.0 | -1.20% | 🇺🇸 USA |
 National Fuel Gas
NFG | 8.92 | -53.74% | 🇺🇸 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.