P/E ratio for ATS Automation (ATS)
P/E ratio as of May 2024 (TTM): 31.9
According to ATS Automation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.8928. At the end of 2022 the company had a P/E ratio of 32.2.
P/E ratio history for ATS Automation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 32.2 | -10.37% |
| 2021 | 36.0 | 18.13% |
| 2020 | 30.5 | 14.8% |
| 2019 | 26.5 | -23% |
| 2018 | 34.5 | -4.05% |
| 2017 | 35.9 | 49.18% |
| 2016 | 24.1 | 12.7% |
| 2015 | 21.4 | 24.83% |
| 2014 | 17.1 | -61.68% |
| 2013 | 44.6 | -551.86% |
| 2012 | -9.88 | 90.14% |
| 2011 | -5.20 | -113.14% |
| 2010 | 39.6 | 649.01% |
| 2009 | 5.28 | -134.89% |
| 2008 | -15.1 | 198.33% |
| 2007 | -5.07 | -64.63% |
| 2006 | -14.3 | -117.8% |
| 2005 | 80.6 | -126.27% |
| 2004 | -307 | -230.09% |
| 2003 | 236 | 125.76% |
| 2002 | 104 | 244.13% |
| 2001 | 30.3 |
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.