Atmos Energy
ATO
#1026
Rank
$15.78 B
Marketcap
$110.25
Share price
0.80%
Change (1 day)
-6.40%
Change (1 year)
Atmos Energy Corporation, headquartered in Dallas, Texas, is an American natural-gas distributor.

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
202018.5-25.95%
201925.07.15%
201823.448.2%
201715.8-23.7%
201620.72.55%
201520.1
201316.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.6-14.03%๐Ÿ‡บ๐Ÿ‡ธ USA
19.2-0.47%๐Ÿ‡บ๐Ÿ‡ธ USA
16.7-13.54%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.37-133.03%๐Ÿ‡บ๐Ÿ‡ธ USA
24.8 28.93%๐Ÿ‡บ๐Ÿ‡ธ USA
19.0-1.20%๐Ÿ‡บ๐Ÿ‡ธ USA
8.92-53.74%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.