ALTR
Price:
$84.84
Market Cap:
$7.20B
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. The company operates in two segments, Software and Client Engineering Services. The Software segment includes solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also offers software technologies in the areas of computational flui...[Read more]
Industry
Software - Infrastructure
IPO Date
2017-11-01
Stock Exchange
NASDAQ
Ticker
ALTR
According to Altair Engineering Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 265.13. This represents a change of -316.25% compared to the average of -122.61 of the last 4 quarters.
The mean historical PE Ratio of Altair Engineering Inc. over the last ten years is -216.49. The current 265.13 PE Ratio has changed -12346.61% with respect to the historical average. Over the past ten years (40 quarters), ALTR's PE Ratio was at its highest in in the September 2016 quarter at 725.44. The PE Ratio was at its lowest in in the December 2021 quarter at -1093.22.
Average
-216.49
Median
-83.21
Minimum
-759.82
Maximum
148.76
Discovering the peaks and valleys of Altair Engineering Inc. 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 = 813.17%
Maximum Annual PE Ratio = 148.76
Minimum Annual Increase = -1278.33%
Minimum Annual PE Ratio = -759.82
Year | PE Ratio | Change |
---|---|---|
2023 | -759.82 | 813.17% |
2022 | -83.21 | -87.58% |
2021 | -669.79 | 65.04% |
2020 | -405.82 | 19.13% |
2019 | -340.65 | -328.99% |
2018 | 148.76 | -1278.33% |
2017 | -12.62 | -113.94% |
2016 | 90.54 | 7.56% |
The current PE Ratio of Altair Engineering Inc. (ALTR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-504.27
5-year avg
-451.86
10-year avg
-216.49
Altair Engineering Inc.’s PE Ratio is greater than Global Blue Group Holding AG (29.94), greater than EverCommerce Inc. (-42.98), greater than CSG Systems International, Inc. (20.60), greater than Consensus Cloud Solutions, Inc. (4.80), greater than EngageSmart, Inc. (157.76), greater than i3 Verticals, Inc. (-23833.46), less than CCC Intelligent Solutions Holdings Inc. (295.29), greater than SPS Commerce, Inc. (95.86), greater than EVERTEC, Inc. (29.38), greater than NetScout Systems, Inc. (-2.44), greater than AvidXchange Holdings, Inc. (-124.97), greater than ForgeRock, Inc. (-25.23), greater than Appian Corporation (-19.97), greater than Five9, Inc. (-40.31), greater than DigitalOcean Holdings, Inc. (48.60), greater than A10 Networks, Inc. (22.64),
Company | PE Ratio | Market cap |
---|---|---|
29.94 | $917.52M | |
-42.98 | $1.87B | |
20.60 | $1.38B | |
4.80 | $438.05M | |
157.76 | $3.88B | |
-23833.46 | $507.67M | |
295.29 | $6.48B | |
95.86 | $6.89B | |
29.38 | $2.02B | |
-2.44 | $1.43B | |
-124.97 | $1.65B | |
-25.23 | $1.95B | |
-19.97 | $2.17B | |
-40.31 | $2.14B | |
48.60 | $3.35B | |
22.64 | $980.20M |
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