Altra Industrial Motion
AIMC
#3095
Rank
HK$31.49 B
Marketcap
HK$481.86
Share price
0.00%
Change (1 day)
51.69%
Change (1 year)

P/E ratio for Altra Industrial Motion (AIMC)

P/E ratio on May 26, 2023 (TTM): 238

According to Altra Industrial Motion 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 238.385. At the end of 2021 the company had a P/E ratio of 117.

P/E ratio history for Altra Industrial Motion from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021117-184.58%
2020-139-857.74%
201918.3-4.74%
201819.2-32.2%
201728.3-25.57%
201638.0104.77%
201518.6-1.19%
201418.8-17.59%
201322.8-4.82%
201224.080.74%
201113.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
21.7-90.91%๐Ÿ‡บ๐Ÿ‡ธ USA
59.3-75.13%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-94.63%๐Ÿ‡บ๐Ÿ‡ธ USA
-26.7-111.21%๐Ÿ‡บ๐Ÿ‡ธ USA
23.0-90.34%๐Ÿ‡บ๐Ÿ‡ธ USA

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.