Altisource Portfolio
ASPS
#9637
Rank
S$26.57 M
Marketcap
$0.98
Share price
-4.58%
Change (1 day)
-81.61%
Change (1 year)

P/E ratio for Altisource Portfolio (ASPS)

P/E ratio as of November 2024 (TTM): -0.2598

According to Altisource Portfolio 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.259786. At the end of 2022 the company had a P/E ratio of -2.86.

P/E ratio history for Altisource Portfolio from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-2.86-118.59%
202115.4-614.32%
2020-2.99205.64%
2019-0.9777-98.57%
2018-68.2-4235.34%
20171.65-90.52%
201617.432.48%
201513.1141.86%
20145.42-80.72%
201328.153.86%
201218.36.74%
201117.116.92%
201014.6-25.33%
200919.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.7-10,011.12%๐Ÿ‡บ๐Ÿ‡ธ USA
10.2-4,016.84%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.