ALTG P/E Ratio
P/E Ratio as of Oct 16, 2026: -2.31
Average-2.42
Median-2.41
Minimum-2.63
Maximum-2.25
-2.31
0.04 (1.76%)past month
The P/E ratio for ALTG is -2.31 as of Oct 16, 2026. This represents a decrease of -7.60% compared to its 12-month average P/E ratio of -2.5. A higher P/E ratio suggests that investors expect strong future earnings growth, while a lower P/E ratio may indicate a potentially undervalued stock or slowing growth.
Alta Equipment Group Inc. P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
Alta Equipment Group Inc.’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing Alta Equipment Group Inc. to industry peers.
Alta Equipment Group Inc. P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
Alta Equipment Group Inc.’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing Alta Equipment Group Inc. to industry peers.
ALTG P/E Ratio Insights
See Alta Equipment Group Inc.’s latest P/E ratio, historical trends, and valuation insights with AI-powered fundamental data and custom analysis.
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ALTG P/E Ratio Historic Data
| Date | Stock price | P/E ratio |
|---|---|---|
| Oct 1, 2026 | $6.32 | -2.46 |
| Sep 1, 2026 | $5.72 | -2.23 |
| Aug 3, 2026 | $6.98 | -2.77 |
| Jul 1, 2026 | $6.08 | -2.41 |
| Jun 1, 2026 | $6.44 | -2.55 |
| May 1, 2026 | $7.98 | -3.12 |
| Apr 1, 2026 | $5.25 | -2.05 |
| Mar 2, 2026 | $7.62 | -2.98 |
| Feb 2, 2026 | $6.70 | -2.67 |
| Jan 2, 2026 | $5.01 | -1.99 |
ALTG End of Year P/E Ratio
| Date | P/E ratio | Change |
|---|---|---|
| 2026 | -2.31 | +26.23% |
| 2025 | -1.83 | -52.34% |
| 2024 | -3.84 | -106.71% |
| 2023 | 57.27 | -14.60% |
| 2022 | 67.06 | -436.31% |
| 2021 | -19.94 | — |
FAQs About Alta Equipment Group Inc. (ALTG) P/E ratio
The latest P/E ratio of ALTG is -2.31, as of Oct 16, 2026. This is calculated based on its current stock price and earnings per share (EPS).
Alta Equipment Group Inc.’s last 12-month average P/E ratio is -2.5, compared to its current P/E ratio of -2.31. This reflects a decrease of -7.60%.
Alta Equipment Group Inc.’s current P/E ratio of -2.31 is lower than its last 12-month average P/E of -2.5. A higher P/E can indicate strong future growth expectations, while a lower P/E might suggest undervaluation.
Alta Equipment Group Inc.’s average P/E ratio over the last 3 years is 0.25. Comparing this to the current P/E helps assess recent valuation trends and whether the stock is trading above or below its mid-term historical range.
Alta Equipment Group Inc.’s average P/E ratio over the last 5 years is 26.01. A deviation from this historical average may indicate shifts in growth expectations, profitability, or broader market conditions affecting valuation.