ATCO
ACO-X.TO
#3174
Rank
S$5.11 B
Marketcap
$45.49
Share price
0.46%
Change (1 day)
23.07%
Change (1 year)

P/E ratio for ATCO (ACO-X.TO)

P/E ratio as of November 2024 (TTM): 12.5

According to ATCO 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5174. At the end of 2022 the company had a P/E ratio of 13.0.

P/E ratio history for ATCO from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.0-34.04%
202119.819.73%
202016.548.96%
201911.1-17.6%
201813.5-42.6%
201723.455.87%
201615.0-43.56%
201526.6104.59%
201413.01.59%
201312.81.95%
201212.617.93%
201110.7-12.94%
201012.229.7%
20099.4417.28%
20088.05-37.15%
200712.8-11.43%
200614.5-12.06%
200516.450.68%
200410.9-0.18%
200310.939.09%
20027.86-29.71%
200111.2

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.