Ascent Industries Co.

Ascent Industries Co.verified

ACNT

Price:

$10.4

Market Cap:

$104.97M

Ascent Industries Co. an industrials company, focuses on the production and distribution of industrial tubular products and specialty chemicals in the United States and internationally. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and galvanized carbon tubes, as well as related stainless pipe products. The company also manufactures ornamental stainless-steel tubes for supply to the automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries; provides fiberglass and steel storage tanks for the oil and gas, waste water treatment, and municipal water industries; and distributes hot ...[Read more]

Industry

Steel

IPO Date

1980-03-17

Stock Exchange

NASDAQ

Ticker

ACNT

The PE Ratio as of November 2024 (TTM) for Ascent Industries Co. (ACNT) is -5.56

According to Ascent Industries Co.’s latest financial reports and current stock price. The company's current PE Ratio is -5.56. This represents a change of -30.27% compared to the average of -7.97 of the last 4 quarters.

Ascent Industries Co. (ACNT) Historical PE Ratio (quarterly & annually)

How has ACNT PE Ratio performed in the past?

The mean historical PE Ratio of Ascent Industries Co. over the last ten years is 7.52. The current -5.56 PE Ratio has changed -7494.33% with respect to the historical average. Over the past ten years (40 quarters), ACNT's PE Ratio was at its highest in in the December 2022 quarter at 177.09. The PE Ratio was at its lowest in in the June 2019 quarter at -130.80.

Quarterly (TTM)
Annual

Average

7.52

Median

0.71

Minimum

-38.20

Maximum

87.29

Ascent Industries Co. (ACNT) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Ascent Industries Co. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 128.61%

Maximum Annual PE Ratio = 87.29

Minimum Annual Increase = -754.85%

Minimum Annual PE Ratio = -38.20

Quarterly (TTM)
Annual
YearPE RatioChange
2023-2.84-170.62%
20224.02-46.97%
20217.58-391.22%
2020-2.60-93.19%
2019-38.20-442.45%
201811.15-87.22%
201787.29-754.85%
2016-13.33128.61%
2015-5.83-120.86%
201427.95-50.06%

Ascent Industries Co. (ACNT) Average PE Ratio

How has ACNT PE Ratio performed in the past?

The current PE Ratio of Ascent Industries Co. (ACNT) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

2.92

5-year avg

-6.41

10-year avg

7.52

Ascent Industries Co. (ACNT) PE Ratio vs. Peers

How is ACNT’s PE Ratio compared to its peers?

Ascent Industries Co.’s PE Ratio is less than Grupo Simec, S.A.B. de C.V. (24.37), greater than Schnitzer Steel Industries, Inc. (-14.70), less than Mesabi Trust (19.34), greater than Algoma Steel Group Inc. (-8.55), less than Aperam S.A. (7.12), less than Acerinox, S.A. (10.67), less than Algoma Steel Group Inc. (-2.18), greater than ArcelorMittal S.A. (-56.97), less than Kumba Iron Ore Limited (3.76),

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