According to Astec Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 42.9487. At the end of 2022 the company had a P/E ratio of < -1000.
Year | P/E ratio | Change |
---|---|---|
2022 | < -1000 | -2.2276030040634E+18% |
2021 | 87.7 | 215.1% |
2020 | 27.8 | -37.06% |
2019 | 44.2 | -488.07% |
2018 | -11.4 | -131.94% |
2017 | 35.7 | 26.9% |
2016 | 28.1 | -1.24% |
2015 | 28.5 | 9.33% |
2014 | 26.0 | 15.91% |
2013 | 22.5 | 19.16% |
2012 | 18.8 | 4.74% |
2011 | 18.0 | -20.05% |
2010 | 22.5 | -88.3% |
2009 | 192 | 1644.33% |
2008 | 11.0 | -23.17% |
2007 | 14.4 | -24.32% |
2006 | 19.0 | -19.83% |
2005 | 23.7 | 33.39% |
2004 | 17.7 | -310.6% |
2003 | -8.42 | -84.78% |
2002 | -55.4 | -138.29% |
2001 | 145 |
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.