Astec Industries
ASTE
#6005
Rank
A$1.28 B
Marketcap
$56.36
Share price
-1.50%
Change (1 day)
3.59%
Change (1 year)

P/E ratio for Astec Industries (ASTE)

P/E ratio as of January 2025 (TTM): 44.9

According to Astec Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.9359. At the end of 2022 the company had a P/E ratio of < -1000.

P/E ratio history for Astec Industries from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022< -1000-2.2276030040634E+18%
202187.7215.1%
202027.8-37.06%
201944.2-488.07%
2018-11.4-131.94%
201735.726.9%
201628.1-1.24%
201528.59.33%
201426.015.91%
201322.519.16%
201218.84.74%
201118.0-20.05%
201022.5-88.3%
20091921644.33%
200811.0-23.17%
200714.4-24.32%
200619.0-19.83%
200523.733.39%
200417.7-310.6%
2003-8.42-84.78%
2002-55.4-138.29%
2001145

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.69-85.12%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.62-108.06%๐Ÿ‡บ๐Ÿ‡ธ USA
20.7-54.04%๐Ÿ‡บ๐Ÿ‡ธ USA
21.0-53.27%๐Ÿ‡บ๐Ÿ‡ธ USA
-52.0-215.78%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4-74.66%๐Ÿ‡บ๐Ÿ‡ธ USA
19.0-57.66%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.