Atrium Mortgage Investment
AI.TO
#6900
Rank
$0.39 B
Marketcap
$8.57
Share price
-2.84%
Change (1 day)
4.95%
Change (1 year)

P/E ratio for Atrium Mortgage Investment (AI.TO)

P/E ratio as of September 2024 (TTM): 9.78

According to Atrium Mortgage Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.78298. At the end of 2023 the company had a P/E ratio of 8.92.

P/E ratio history for Atrium Mortgage Investment from 2012 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20238.92-10.27%
20229.94-31.24%
202114.45.89%
202013.6-8.84%
201915.011.8%
201813.41.52%
201713.25.3%
201612.53.1%
201512.1-2.59%
201412.5-1.38%
201312.6-2.01%
201212.9

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.