Alta Equipment Group Inc.

Alta Equipment Group Inc.verified

ALTG

Price:

$8.81

Market Cap:

$292.03M

Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates in two segments, Material Handling and Construction Equipment. The company operates a branch network that sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and aerial work platforms, earthmoving equipment, cranes, paving and asphalt equipment, and other material handling and construction equipment. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; and provides automated equipment installation and system integration solutions. It s...[Read more]

Industry

Rental & Leasing Services

IPO Date

2019-04-25

Stock Exchange

NYSE

Ticker

ALTG

The PE Ratio as of May 2024 (TTM) for Alta Equipment Group Inc. (ALTG) is -41.95

According to Alta Equipment Group Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -41.95. This represents a change of -1777.85% compared to the average of 2.50 of the last 4 quarters.

Alta Equipment Group Inc. (ALTG) Historical PE Ratio (quarterly & annually)

How has ALTG PE Ratio performed in the past?

The mean historical PE Ratio of Alta Equipment Group Inc. over the last ten years is -70678.04. The current -41.95 PE Ratio has changed -94.06% with respect to the historical average. Over the past ten years (40 quarters), ALTG's PE Ratio was at its highest in in the September 2021 quarter at 555.44. The PE Ratio was at its lowest in in the December 2018 quarter at -130379.20.

Quarterly (TTM)
Annual

Average

-70678.04

Median

-16.64

Minimum

-222948.44

Maximum

8.25K

Alta Equipment Group Inc. (ALTG) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Alta Equipment Group Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 103.70%

Maximum Annual PE Ratio = 8.25K

Minimum Annual Increase = -304.00%

Minimum Annual PE Ratio = -222948.44

Quarterly (TTM)
Annual
YearPE RatioChange
202345.10-0.94%
202245.53-304.00%
2021-22.32103.70%
2020-10.96-100.13%
20198.25K-105.28%
2018-156181.04-29.95%
2017-222948.4414.56%

Alta Equipment Group Inc. (ALTG) Average PE Ratio

How has ALTG PE Ratio performed in the past?

The current PE Ratio of Alta Equipment Group Inc. (ALTG) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

22.77

5-year avg

1.66K

10-year avg

-70678.04

Alta Equipment Group Inc. (ALTG) PE Ratio vs. Peers

How is ALTG’s PE Ratio compared to its peers?

Alta Equipment Group Inc.’s PE Ratio is less than PROG Holdings, Inc. (13.76), less than GATX Corporation (20.19), less than McGrath RentCorp (21.58), less than Custom Truck One Source, Inc. (48.87), less than Mega Matrix Corp. (-20.64), less than FTAI Aviation Ltd. (10.84), less than H&E Equipment Services, Inc. (0), less than The Aaron's Company, Inc. (10.35), less than Herc Holdings Inc. (-9.12), less than null (12.12),

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