According to ATCO 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.768. At the end of 2022 the company had a P/E ratio of 13.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.0 | -34.04% |
2021 | 19.8 | 19.73% |
2020 | 16.5 | 48.96% |
2019 | 11.1 | -17.6% |
2018 | 13.5 | -42.6% |
2017 | 23.4 | 55.87% |
2016 | 15.0 | -43.56% |
2015 | 26.6 | 104.59% |
2014 | 13.0 | 1.59% |
2013 | 12.8 | 1.95% |
2012 | 12.6 | 17.93% |
2011 | 10.7 | -12.94% |
2010 | 12.2 | 29.7% |
2009 | 9.44 | 17.28% |
2008 | 8.05 | -37.15% |
2007 | 12.8 | -11.43% |
2006 | 14.5 | -12.06% |
2005 | 16.4 | 50.68% |
2004 | 10.9 | -0.18% |
2003 | 10.9 | 39.09% |
2002 | 7.86 | -29.71% |
2001 | 11.2 |
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.