ALTG Historical PE Ratio image   This ALTG PE ratio history page last updated 8/11/2022
ALTG Historical PE Ratio Chart
PeriodPriceAdj. EPSAnnualizedPE
Q2 2022
8/9/2022
11.340.210.8413.5
Q1 2022
5/10/2022
10.10-0.02-0.08NA
Q4 2021
3/31/2022
12.360.030.12103.0
Q3 2021
11/11/2021
15.930.020.08199.1
Q2 2021
8/12/2021
13.60-0.12-0.48NA
Q1 2021
5/13/2021
12.90-0.19-0.76NA
Q4 2020
3/18/2021
11.71-0.09-0.36NA
Q3 2020
11/12/2020
8.920.010.04223.0
Q2 2020
8/13/2020
8.45-0.14-0.56NA
Q1 2020
5/14/2020
4.14-0.91-3.64NA
ALTG PE History Chart
PeriodPriceAdj. EPSTTMPE
Q2 2022
8/9/2022
11.340.210.2447.2
Q1 2022
5/10/2022
10.10-0.02-0.09NA
Q4 2021
3/31/2022
12.360.03-0.26NA
Q3 2021
11/11/2021
15.930.02-0.38NA
Q2 2021
8/12/2021
13.60-0.12-0.39NA
Q1 2021
5/13/2021
12.90-0.19-0.41NA
Q4 2020
3/18/2021
11.71-0.09-1.13NA
Q3 2020
11/12/2020
8.920.01NANA
Q2 2020
8/13/2020
8.45-0.14NANA
Q1 2020
5/14/2020
4.14-0.91NANA
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Alta Equipment Group (ALTG) is categorized under the Industrials sector; to help you further research PE history across stocks, below are some other companies in the same sector:

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How should the ALTG historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Alta Equipment Group. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this ALTG Historical PE Ratio page.

What is the average historical PE for ALTG based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The ALTG historical PE ratio using the annualized quarterly earnings method works out to 134.7.

What is the average historical PE for ALTG based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The ALTG historical PE ratio using the TTM earnings method works out to 47.2.

What is the average historical PE for ALTG based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?

✔️Accepted answer: The ALTG historical PE ratio using the annualized median TTM earnings method works out to 0.12.

On this page we presented the ALTG Historical PE Ratio information for Alta Equipment Group' stock. The average ALTG historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 134.7. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average ALTG historical PE based on this TTM earnings result method is 47.2. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this ALTG historical PE result, against the recent PE: when this page was posted on 8/10/2022, the most recent closing price for ALTG had been 13.21, and the most recent quarterly earnings result, annualized, was 0.84. Meanwhile, the most recent TTM earnings summed to 0.24. From these numbers, we calculate the recent ALTG PE on 8/10/2022 based on annualized quarterly EPS was 15.7. Based on ALTG's history, that recent PE is low relative to the historical average, with the recent PE 88.3% lower than the historical average PE across our data set for Alta Equipment Group. Looking at the recent ALTG PE on 8/10/2022 based on TTM EPS, we calculate the ratio at 55.0. Based on ALTG's history, that recent PE is elevated relative to the historical average, with the recent PE 16.5% higher than the historical average PE across our Alta Equipment Group data set with TTM EPS used in the calculation at each period.

Another interesting ALTG historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for ALTG, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for ALTG, we start with the past four EPS numbers and we first sort them from lowest to highest: -0.02, 0.02, 0.03, and 0.21. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.02 and 0.03 — which gives us the median of 0.03. Basically the way to think about this 0.03 number is this: for the trailing four earnings reports, 0.03 marks the "middle ground" number where ALTG has reported a value higher than 0.03 half the time, and has reported a value lower than 0.03 half the time. Annualizing that median value then gets us to 0.12/share, which we use as the denominator in our next PE calculation. With 13.21 as the numerator (as of 8/10/2022), the calculation is then 13.21 / 0.12 = 110.1 as the ALTG PE ratio as of 8/10/2022, based on that annualized median value we calculated.

For self directed investors doing their due diligence on ALTG or any other given stock, valuation analysis for ALTG can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Alta Equipment Group PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for ALTG. Thanks for visiting, and the next time you need to research ALTG Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.

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