What is the price-to-earnings ratio of Altair Engineering?
The price-earnings ratio of Altair Engineering is currently 10.48.
Altair Engineering P/S 2024
Altair Engineering P/S
10.48
Ticker
ALTR
ISIN
US0213691035
WKN
A2DYPC
As of Oct 6, 2024, Altair Engineering's P/S ratio stood at 10.48, a 6.29% change from the 9.86 P/S ratio recorded in the previous year.
The Altair Engineering P/S 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/S Details
Decoding Altair Engineering's P/S Ratio
Altair Engineering's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Altair Engineering's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Altair Engineering's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Altair Engineering’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
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 6.29% increased 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 0.75 %. 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 0.75 %.
When does Altair Engineering pay dividends?
Altair Engineering pays a quarterly dividend. This is distributed in the months of March, June, September, 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.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
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.
- Altair Engineering Revenue
- Altair Engineering Net Income
- Altair Engineering P/E
- Altair Engineering P/S
- Altair Engineering EBIT
- Altair Engineering Dividend
- Altair Engineering Stocks
- Altair Engineering Market capitalization
- Altair Engineering Debt
- Altair Engineering Liabilities
- Altair Engineering Equity
- Altair Engineering AAQS
- Altair Engineering Employees
- Altair Engineering ROE
- Altair Engineering ROA
- Altair Engineering ROCE
