The P/E ratio for Altair Engineering stock stands at 664.35 as of Mar 26, 2025. This is calculated based on the TTM EPS of $0.17 and the stock price of $112.94 per share. An increase of 41% has been observed in the PE ratio compared to its average of 470.3 of the past four quarters.
Over the last seven years, the average PE ratio of Altair Engineering has been 1038.15. The current 664.35 price-to-earnings ratio is 36% less than the historical average. Analyzing the last seven years, ALTR's PE ratio reached its highest point in the Jun 2019 quarter at 4,039, with a price of $40.39 and an EPS of $0.01. The Dec 2018 quarter saw the lowest point at 119.91, with a price of $27.58 and an EPS of $0.23.
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 641.82 | N/A | $109.11 | $0.17 |
2023 | N/A | N/A | $84.15 | -$0.11 |
2022 | N/A | N/A | $45.47 | -$0.55 |
2021 | N/A | N/A | $77.32 | -$0.12 |
2020 | N/A | N/A | $58.18 | -$0.14 |
2019 | N/A | N/A | $35.91 | -$0.11 |
2018 | 119.91 | N/A | $27.58 | $0.23 |
2017 | N/A | N/A | $23.92 | -$1.94 |
2016 | N/A | N/A | N/A | $0.21 |
2015 | N/A | N/A | N/A | $0.23 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Dec 2024 | 641.82 | 175.52% | $109.11 | $0.17 |
Sep 2024 | 232.95 | -19.25% | $95.51 | $0.41 |
Jun 2024 | 288.47 | -59.82% | $98.08 | $0.34 |
Mar 2024 | 717.92 | N/A | $86.15 | $0.12 |
Dec 2023 | N/A | N/A | $84.15 | -$0.11 |
Sep 2023 | N/A | N/A | $62.56 | -$0.2 |
Jun 2023 | N/A | N/A | $75.84 | -$0.57 |
Mar 2023 | N/A | N/A | $72.11 | -$0.72 |
Dec 2022 | N/A | N/A | $45.47 | -$0.55 |
Sep 2022 | N/A | N/A | $44.22 | -$0.72 |
Jun 2022 | N/A | N/A | $52.5 | -$0.41 |
Mar 2022 | N/A | N/A | $64.4 | -$0.16 |
Dec 2021 | N/A | N/A | $77.32 | -$0.12 |
Sep 2021 | N/A | N/A | $68.94 | -$0.07 |
Jun 2021 | N/A | N/A | $68.97 | -$0.08 |
When compared to its peer stocks IBM and TXN, ALTR's PE ratio is higher.
Stock name | PE ratio | Market cap |
---|---|---|
TXN Texas Instruments Inc | 33.97 | $162.03B |
IBM International Business Machines Corp | 38.28 | $232.13B |
LSCC Lattice Semiconductor Corp | 120.27 | $7.29B |
ALTR Altair Engineering Inc | 664.35 | $9.69B |
INTC Intel Corp | N/A | $95.48B |
QUIK QUICKLOGIC Corp | N/A | $79.31M |
As of Mar 26, 2025, ALTR stock has a price to earnings ratio of 664.35.
Over the last seven years, the quarterly PE ratio reached its highest level at 4,039 in the Jun 2019 quarter.
The current PE ratio of ALTR is 36% lower than the 7-year historical average.
ALTR's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Mar 26, 2025), Altair Engineering's share price is $112.94. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $0.17. Therefore, Altair Engineering's price to earnings ratio for today is 664.35. PE RATIO(664.35) = STOCK PRICE($112.94) / TTM EPS($0.17)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.