Altair Engineering (ALTR)

P/S ratio as of September 2024 (TTM): 12.9

According to Altair Engineering 's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 12.8721. At the end of 2024 the company had a P/S ratio of 13.0.

P/S ratio history for Altair Engineering from 2017 to 2024

PS ratio at the end of each year

Year	P/S ratio	Change
2024	13.0	15.77%
2023	11.2	76.12%
2022	6.37	-44.41%
2021	11.5	25.62%
2020	9.12	60.96%
2019	5.67	19.02%
2018	4.76	5.46%
2017	4.51

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
Xilinx XLNX	N/A	N/A	🇺🇸 USA
Texas Instruments TXN	11.5	-11.02%	🇺🇸 USA
Maxim Integrated MXIM	N/A	N/A	🇺🇸 USA
Intel INTC	1.59	-87.67%	🇺🇸 USA
Quicklogic QUIK	4.33	-66.37%	🇺🇸 USA
IBM IBM	3.20	-75.13%	🇺🇸 USA
Lattice Semiconductor LSCC	11.6	-10.05%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for Altair Engineering (ALTR)

P/S ratio as of September 2024 (TTM): 12.9