P/E ratio for Altisource Portfolio (ASPS)
P/E ratio as of March 2025 (TTM): -0.2491
According to Altisource Portfolio 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.24911. At the end of 2022 the company had a P/E ratio of -2.86.
P/E ratio history for Altisource Portfolio from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.86 | -118.59% |
| 2021 | 15.4 | -614.32% |
| 2020 | -2.99 | 205.64% |
| 2019 | -0.9777 | -98.57% |
| 2018 | -68.2 | -4235.34% |
| 2017 | 1.65 | -90.52% |
| 2016 | 17.4 | 32.48% |
| 2015 | 13.1 | 141.86% |
| 2014 | 5.42 | -80.72% |
| 2013 | 28.1 | 53.86% |
| 2012 | 18.3 | 6.74% |
| 2011 | 17.1 | 16.92% |
| 2010 | 14.6 | -25.33% |
| 2009 | 19.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 20.0 | -8,116.86% | 🇺🇸 USA |
 | 10.1 | -4,151.10% | 🇺🇸 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.