What is the price-to-earnings ratio of Altair Engineering?
The price-earnings ratio of Altair Engineering is currently 67.37.
Altair Engineering P/E 2024
Altair Engineering P/E
67.37
Ticker
ALTR
ISIN
US0213691035
WKN
A2DYPC
As of Aug 31, 2024, Altair Engineering's P/E ratio was 67.37, a -109.95% change from the -677.11 P/E ratio recorded in the previous year.
The Altair Engineering P/E history
Altair Engineering Aktienanalyse
What does Altair Engineering do?
Altair Engineering Inc. is a global technology company specializing in simulation, high-performance computing, and data intelligence. It was founded in 1985 by James R. Scapa and has since become a leading provider of computer-aided engineering software. Altair's portfolio includes software solutions for industries such as automotive, aerospace, construction, manufacturing, and energy. The company also offers professional services like training and consulting. Altair has various business units, including Altair HyperWorks, Altair PBS Works, Altair SimSolid, and Altair Inspire. Altair HyperWorks is a comprehensive CAE toolset, Altair PBS Works is a suite of software tools for high-performance computing, Altair SimSolid is a software solution for structural analysis, and Altair Inspire is a software solution for component weight reduction. Altair Engineering Inc. has received numerous awards for its innovation and quality assurance, and it remains focused on developing high-quality CAE solutions and providing excellent customer support. Altair Engineering ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Altair Engineering's P/E Ratio
The Price to Earnings (P/E) Ratio of Altair Engineering is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Altair Engineering's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Altair Engineering is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Altair Engineering’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Altair Engineering stock
How has the price-earnings ratio of Altair Engineering changed compared to last year?
The price-to-earnings ratio of Altair Engineering has increased by -109.95% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Altair Engineering high compared to other companies?
Yes, the price-to-earnings ratio of Altair Engineering is high compared to other companies.
How does an increase in the price-earnings ratio of Altair Engineering affect the company?
An increase in the price-earnings ratio of Altair Engineering would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Altair Engineering affect the company?
A decrease in the price-earnings ratio of Altair Engineering would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Altair Engineering?
Some factors that influence the price-earnings ratio of Altair Engineering are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Altair Engineering pay?
Over the past 12 months, Altair Engineering paid a dividend of 0.72 USD . This corresponds to a dividend yield of about 0.8 %. For the coming 12 months, Altair Engineering is expected to pay a dividend of 0 USD.
What is the dividend yield of Altair Engineering?
The current dividend yield of Altair Engineering is 0.8 %.
When does Altair Engineering pay dividends?
Altair Engineering pays a quarterly dividend. This is distributed in the months of March, July, October, December.
How secure is the dividend of Altair Engineering?
Altair Engineering paid dividends every year for the past 0 years.
What is the dividend of Altair Engineering?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Altair Engineering located?
Altair Engineering is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Altair Engineering kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Altair Engineering from 12/1/2015 amounting to 0.18 USD, you needed to have the stock in your portfolio before the ex-date on 11/6/2015.
When did Altair Engineering pay the last dividend?
The last dividend was paid out on 12/1/2015.
What was the dividend of Altair Engineering in the year 2023?
In the year 2023, Altair Engineering distributed 0 USD as dividends.
In which currency does Altair Engineering pay out the dividend?
The dividends of Altair Engineering are distributed in USD.
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Andere Kennzahlen von Altair Engineering
Our stock analysis for Altair Engineering Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Altair Engineering Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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