Allegheny Technologies
ATI
#1932
Rank
NZ$14.42 B
Marketcap
$101.15
Share price
1.96%
Change (1 day)
39.28%
Change (1 year)

P/E ratio for Allegheny Technologies (ATI)

P/E ratio as of November 2024 (TTM): 25.5

According to Allegheny Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.4506. At the end of 2022 the company had a P/E ratio of 29.9.

P/E ratio history for Allegheny Technologies from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202229.9-156.23%
2021-53.13832.63%
2020-1.35-113.4%
201910.1-18.06%
201812.3-143.82%
2017-28.1953.72%
2016-2.66-16.41%
2015-3.19-99.73%
2014< -1000-4751.61%
201324.922.28%
201220.4-10.91%
201122.9-69.74%
201075.6-45.97%
20091403034.6%
20084.46-62.03%
200711.8-25.33%
200615.764.5%
20059.57-90.73%
2004103-3144.2%
2003-3.39-55.38%
2002-7.60-85.94%
2001-54.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.9-33.43%๐Ÿ‡บ๐Ÿ‡ธ USA
87.6 244.20%๐Ÿ‡บ๐Ÿ‡ธ USA
46.9 84.13%๐Ÿ‡บ๐Ÿ‡ธ USA
19.4-23.72%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.