ALTR Historical PE Ratio image   This ALTR PE ratio history page last updated 9/26/2024
ALTR Historical PE Ratio Chart
PeriodPriceAdj. EPSAnnualizedPE
Q2 2024
8/1/2024
85.320.160.64133.3
Q1 2024
5/2/2024
81.750.401.6051.1
Q4 2023
2/22/2024
89.860.461.8448.8
Q3 2023
11/2/2023
59.110.140.56105.6
Q2 2023
8/3/2023
70.570.150.60117.6
Q1 2023
5/4/2023
66.890.361.4446.5
Q4 2022
2/23/2023
56.570.311.2445.6
Q3 2022
11/3/2022
45.530.050.20227.7
Q2 2022
8/4/2022
60.880.130.52117.1
Q1 2022
5/5/2022
53.740.381.5235.4
Q4 2021
2/24/2022
61.630.190.7681.1
Q3 2021
11/4/2021
80.730.110.44183.5
Q2 2021
8/5/2021
70.790.070.28252.8
Q1 2021
5/6/2021
64.950.311.2452.4
Q4 2020
2/25/2021
57.670.170.6884.8
Q3 2020
11/5/2020
47.580.000.00NA
Q2 2020
8/6/2020
41.14-0.02-0.08NA
Q1 2020
5/7/2020
32.650.160.6451.0
Q4 2019
2/27/2020
33.200.090.3692.2
Q3 2019
11/7/2019
37.47-0.09-0.36NA
Q2 2019
8/8/2019
41.990.060.24175.0
Q1 2019
5/9/2019
37.170.261.0435.7
Q4 2018
2/28/2019
35.460.050.20177.3
Q3 2018
11/8/2018
33.620.070.28120.1
Q2 2018
8/9/2018
36.540.050.20182.7
Q1 2018
5/14/2018
31.270.080.3297.7
Q4 2017
3/21/2018
31.460.180.7243.7
Q3 2017
11/30/2017
22.39-0.59-2.36NA
Q3 2015
10/22/2015
52.800.200.8066.0
Q2 2015
7/23/2015
49.430.281.1244.1
Q1 2015
4/23/2015
42.090.311.2433.9
Q4 2014
1/22/2015
35.190.361.4424.4
Q3 2014
10/23/2014
33.740.381.5222.2
Q2 2014
7/24/2014
34.040.411.6420.8
Q1 2014
4/24/2014
34.140.371.4823.1
Q4 2013
1/23/2014
32.930.311.2426.6
Q3 2013
10/22/2013
37.320.371.4825.2
Q2 2013
7/23/2013
35.470.311.2428.6
Q1 2013
4/25/2013
32.930.371.4822.2
Q4 2012
1/23/2013
35.180.371.4823.8
Q3 2012
10/23/2012
32.620.491.9616.6
Q2 2012
7/24/2012
30.670.502.0015.3
Q1 2012
3/8/2012
37.420.351.4026.7
ALTR PE History Chart
PeriodPriceAdj. EPSTTMPE
Q2 2024
8/1/2024
85.320.161.1673.6
Q1 2024
5/2/2024
81.750.401.1571.1
Q4 2023
2/22/2024
89.860.461.1181.0
Q3 2023
11/2/2023
59.110.140.9661.6
Q2 2023
8/3/2023
70.570.150.8781.1
Q1 2023
5/4/2023
66.890.360.8578.7
Q4 2022
2/23/2023
56.570.310.8765.0
Q3 2022
11/3/2022
45.530.050.7560.7
Q2 2022
8/4/2022
60.880.130.8175.2
Q1 2022
5/5/2022
53.740.380.7571.7
Q4 2021
2/24/2022
61.630.190.6890.6
Q3 2021
11/4/2021
80.730.110.66122.3
Q2 2021
8/5/2021
70.790.070.55128.7
Q1 2021
5/6/2021
64.950.310.46141.2
Q4 2020
2/25/2021
57.670.170.31186.0
Q3 2020
11/5/2020
47.580.000.23206.9
Q2 2020
8/6/2020
41.14-0.020.14293.9
Q1 2020
5/7/2020
32.650.160.22148.4
Q4 2019
2/27/2020
33.200.090.32103.8
Q3 2019
11/7/2019
37.47-0.090.28133.8
Q2 2019
8/8/2019
41.990.060.4495.4
Q1 2019
5/9/2019
37.170.260.4386.4
Q4 2018
2/28/2019
35.460.050.25141.8
Q3 2018
11/8/2018
33.620.070.3888.5
Q2 2018
8/9/2018
36.540.05-0.28NA
Q1 2018
5/14/2018
31.270.08-0.13NA
Q4 2017
3/21/2018
31.460.180.07449.4
Q3 2017
11/30/2017
22.39-0.590.20111.9
Q3 2015
10/22/2015
52.800.201.1545.9
Q2 2015
7/23/2015
49.430.281.3337.2
Q1 2015
4/23/2015
42.090.311.4628.8
Q4 2014
1/22/2015
35.190.361.5223.2
Q3 2014
10/23/2014
33.740.381.4723.0
Q2 2014
7/24/2014
34.040.411.4623.3
Q1 2014
4/24/2014
34.140.371.3625.1
Q4 2013
1/23/2014
32.930.311.3624.2
Q3 2013
10/22/2013
37.320.371.4226.3
Q2 2013
7/23/2013
35.470.311.5423.0
Q1 2013
4/25/2013
32.930.371.7319.0
Q4 2012
1/23/2013
35.180.371.7120.6
Q3 2012
10/23/2012
32.620.49NANA
Q2 2012
7/24/2012
30.670.50NANA
Q1 2012
3/8/2012
37.420.35NANA
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Altair Engineering (ALTR) is categorized under the Technology 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 ALTR 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 Altair Engineering. 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 ALTR Historical PE Ratio page.

What is the average historical PE for ALTR 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 ALTR historical PE ratio using the annualized quarterly earnings method works out to 76.4.

What is the average historical PE for ALTR 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 ALTR historical PE ratio using the TTM earnings method works out to 93.9.

What is the average historical PE for ALTR 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 ALTR historical PE ratio using the annualized median TTM earnings method works out to 1.12.

On this page we presented the ALTR Historical PE Ratio information for Altair Engineering' stock. The average ALTR 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 76.4. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average ALTR historical PE based on this TTM earnings result method is 93.9. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this ALTR historical PE result, against the recent PE: when this page was posted on 9/25/2024, the most recent closing price for ALTR had been 94.20, and the most recent quarterly earnings result, annualized, was 0.64. Meanwhile, the most recent TTM earnings summed to 1.16. From these numbers, we calculate the recent ALTR PE on 9/25/2024 based on annualized quarterly EPS was 147.2. Based on ALTR's history, that recent PE is elevated relative to the historical average, with the recent PE 92.7% higher than the historical average PE across our data set for Altair Engineering. Looking at the recent ALTR PE on 9/25/2024 based on TTM EPS, we calculate the ratio at 81.2. Based on ALTR's history, that recent PE is low relative to the historical average, with the recent PE 13.5% lower than the average PE across our Altair Engineering data set with TTM EPS used in the calculation at each period.

Another interesting ALTR historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for ALTR, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for ALTR, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.14, 0.16, 0.40, and 0.46. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.16 and 0.40 — which gives us the median of 0.28. Basically the way to think about this 0.28 number is this: for the trailing four earnings reports, 0.28 marks the "middle ground" number where ALTR has reported a value higher than 0.28 half the time, and has reported a value lower than 0.28 half the time. Annualizing that median value then gets us to 1.12/share, which we use as the denominator in our next PE calculation. With 94.20 as the numerator (as of 9/25/2024), the calculation is then 94.20 / 1.12 = 84.1 as the ALTR PE ratio as of 9/25/2024, based on that annualized median value we calculated.

For self directed investors doing their due diligence on ALTR or any other given stock, valuation analysis for ALTR 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 Altair Engineering 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 ALTR. Thanks for visiting, and the next time you need to research ALTR 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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