P/E ratio for Altius Minerals (ALS.TO)
P/E ratio as of June 2025 (TTM): 57.4
According to Altius Minerals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 57.3715. At the end of 2023 the company had a P/E ratio of 92.2.
P/E ratio history for Altius Minerals from 2003 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 92.2 | 240.41% |
| 2022 | 27.1 | 50.13% |
| 2021 | 18.0 | -184.18% |
| 2020 | -21.4 | -174.27% |
| 2019 | 28.9 | -92.06% |
| 2018 | 363 | -4664.49% |
| 2017 | -7.96 | -31.18% |
| 2016 | -11.6 | -14.32% |
| 2015 | -13.5 | -27.53% |
| 2014 | -18.6 | -19.3% |
| 2013 | -23.1 | -69.52% |
| 2012 | -75.8 | -1533.42% |
| 2011 | 5.28 | -61.09% |
| 2010 | 13.6 | 89.55% |
| 2009 | 7.16 | -77.03% |
| 2008 | 31.2 | 349.5% |
| 2007 | 6.94 | 29.24% |
| 2006 | 5.37 | -78.88% |
| 2005 | 25.4 | -127.12% |
| 2004 | -93.8 | 81.45% |
| 2003 | -51.7 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.