Altair Engineering
ALTR
#1742
Rank
ยฃ7.59 B
Marketcap
ยฃ88.58
Share price
0.10%
Change (1 day)
32.13%
Change (1 year)

Altair Engineering (ALTR) - P/B ratio

P/B ratio as of March 2025 : 11.2

According to Altair Engineering 's latest financial reports the company has a price-to-book ratio of 14.3797.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Altair Engineering - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-3110.812.28%
2023-12-319.6651.04%
2022-12-316.40-35.58%
2021-12-319.93-12.1%
2020-12-3111.355.13%
2019-12-317.2810.83%
2018-12-316.57-72.52%
2017-12-3123.9
2016-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
10.4-7.15%๐Ÿ‡บ๐Ÿ‡ธ USA
0.9684-91.33%๐Ÿ‡บ๐Ÿ‡ธ USA
4.40-60.63%๐Ÿ‡บ๐Ÿ‡ธ USA
9.37-16.11%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9 6.81%๐Ÿ‡บ๐Ÿ‡ธ USA