Altus Group
AIF.TO
#4423
Rank
A$2.89 B
Marketcap
$63.02
Share price
-0.24%
Change (1 day)
42.45%
Change (1 year)

P/E ratio for Altus Group (AIF.TO)

P/E ratio as of November 2024 (TTM): 338

According to Altus Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 338.496. At the end of 2022 the company had a P/E ratio of < -1000.

P/E ratio history for Altus Group from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022< -1000-1673.66%
202111421.13%
202094.517%
201980.8-260.37%
2018-50.4-488.66%
201713.0-84.1%
201681.517.65%
201569.246.42%
201447.3116.77%
201321.8-245.28%
2012-15.0243.27%
2011-4.38-84.58%
2010-28.4-142.2%
200967.2392.96%
200813.6

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.