Atmos Energy
ATO
#1063
Rank
$17.05 B
Marketcap
$113.06
Share price
-0.82%
Change (1 day)
-0.91%
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 April 2024 (TTM): 19.3

According to Atmos Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.3265. 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
202219.6-1.07%
202119.86.88%
202018.5-25.95%
201925.07.15%
201823.448.2%
201715.8-23.7%
201620.72.55%
201520.18.04%
201418.612.87%
201316.518.04%
201214.0-7.28%
201115.1-1.82%
201015.418.15%
200913.011.43%
200811.7-24.64%
200715.5-6.3%
200616.512.88%
200514.6-15.22%
200417.3-2.41%
200317.716.25%
200215.2-4.69%
200116.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.6 11.63%๐Ÿ‡บ๐Ÿ‡ธ USA
16.6-14.34%๐Ÿ‡บ๐Ÿ‡ธ USA
14.3-26.22%๐Ÿ‡บ๐Ÿ‡ธ USA
-165-951.59%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2 4.63%๐Ÿ‡บ๐Ÿ‡ธ USA
15.0-22.17%๐Ÿ‡บ๐Ÿ‡ธ USA
10.2-47.33%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.