Atkore
ATKR
#3486
Rank
HK$25.30 B
Marketcap
HK$724.93
Share price
-1.87%
Change (1 day)
-28.73%
Change (1 year)

P/E ratio for Atkore (ATKR)

P/E ratio as of November 2024 (TTM): 4.89

According to Atkore's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.88568. At the end of 2022 the company had a P/E ratio of 5.55.

P/E ratio history for Atkore from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.55-25.23%
20217.42-24.04%
20209.76-25.91%
201913.286.66%
20187.06-50.96%
201714.4-34.97%
201622.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.44 11.38%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
20.3 315.18%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.