Atturra
ATA.AX
#7808
Rank
C$0.31 B
Marketcap
$1.00
Share price
-0.45%
Change (1 day)
32.48%
Change (1 year)

P/E ratio for Atturra (ATA.AX)

P/E ratio at the end of 2023: 18.7

According to Atturra's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.6401. At the end of 2023 the company had a P/E ratio of 18.7.

P/E ratio history for Atturra from 2022 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202318.715.77%
202216.2

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.