Altair Engineering

Altair Engineering P/TBV

Delisted

The Price to Tangible Book Value (P/TBV) of Altair Engineering (ALTR) as of Oct 12, 2026 is 29.82. In the previous year, Price to Tangible Book Value (P/TBV) was 56.56 — a change of -47.28% (lower).

P/TBV

29.82

YoY

-47.28%

Last updated:

Price to Tangible Book Value (P/TBV) of Altair Engineering is 2024 29.82 . Price to Tangible Book Value (P/TBV) of Altair Engineering was 2023 56.56 . It decreases by -47.28% lower compared to the previous year.

The Altair Engineering P/TBV history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/TBV
Date
P/TBV
Jan 1, 2017
-395.51 USD
Jan 1, 2018
1,090.23 USD
Jan 1, 2019
170.52 USD
Jan 1, 2020
247.39 USD
Jan 1, 2021
66.32 USD
Jan 1, 2022
733.21 USD
Jan 1, 2023
56.56 USD
Jan 1, 2024
29.82 USD
The Altair Engineering P/TBV history
YEARP/TBVYoY
29.82-47.28%
56.56-92.29%
733.21+1,005.62%
66.32-73.19%
247.39+45.08%
170.52-84.36%
1,090.23-375.65%
-395.51+239.97%
-116.33-2.18%
-118.93—
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Altair Engineering Stock analysis

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 is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Altair Engineering stock

Price to Tangible Book Value (P/TBV) of Altair Engineering is 29.82 in 2024.

Price to Tangible Book Value (P/TBV) of Altair Engineering changed from 56.56 to 29.82, representing a -47.28% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Price to Tangible Book Value (P/TBV) Altair Engineering since 2006 – with annual values, charts, and detailed analysis.

P/TBV compares the stock price to tangible book value per share, excluding goodwill and intangibles. It provides a conservative asset-based valuation.

To evaluate Price to Tangible Book Value (P/TBV)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Price to Tangible Book Value (P/TBV).

A 'good' varies by industry and company stage. On Eulerpool, you can compare Price to Tangible Book Value (P/TBV)'s Altair Engineering with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

Valuation — Altair Engineering

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