Altarea
ALTA.PA
#3961
Rank
โ‚ฌ2.20 B
Marketcap
100,60ย โ‚ฌ
Share price
-0.40%
Change (1 day)
36.54%
Change (1 year)

P/E ratio for Altarea (ALTA.PA)

P/E ratio at the end of 2022: 7.85

According to Altarea's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.2565. At the end of 2022 the company had a P/E ratio of 7.85.

P/E ratio history for Altarea from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20227.85-41.07%
202113.3-293.42%
2020-6.89-150.62%
201913.638.48%
20189.829.79%
20178.95-43.53%
201615.8-24.52%
201521.071.16%
201412.361.27%
20137.60-56.69%
201217.654.07%
201111.462.61%
20107.01-193.24%
2009-7.51235.78%
2008-2.24-170.24%
20073.19-17.76%
20063.87

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.