According to ATS Automation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.9408. At the end of 2022 the company had a P/E ratio of 34.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 34.2 | -8.81% |
2021 | 37.5 | 45.81% |
2020 | 25.7 | -2.46% |
2019 | 26.3 | -24.66% |
2018 | 35.0 | -1.81% |
2017 | 35.6 | 53.65% |
2016 | 23.2 | 3.1% |
2015 | 22.5 | 8.37% |
2014 | 20.7 | -63.77% |
2013 | 57.3 | -551.85% |
2012 | -12.7 | 79.52% |
2011 | -7.06 | -113.68% |
2010 | 51.6 |
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.