Algoma Price Earnings Ratio from 2010 to 2024

ASTLW Stock  USD 1.87  0.02  1.06%   
Algoma Steel Price Earnings Ratio yearly trend continues to be fairly stable with very little volatility. Price Earnings Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Algoma Steel Price Earnings Ratio regression line of quarterly data had mean square error of  9,888 and geometric mean of  31.30. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
16.72999468
Current Value
20.24
Quarterly Volatility
95.88321557
 
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Yuan Drop
 
Covid
Check Algoma Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Algoma Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.6 M, Total Revenue of 2.7 B or Gross Profit of 337.6 M, as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.0115 or PTB Ratio of 1.23. Algoma financial statements analysis is a perfect complement when working with Algoma Steel Valuation or Volatility modules.
  
Check out the analysis of Algoma Steel Correlation against competitors.

Latest Algoma Steel's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Algoma Steel Group over the last few years. It is Algoma Steel's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Algoma Steel's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Very volatile
   Price Earnings Ratio   
       Timeline  

Algoma Price Earnings Ratio Regression Statistics

Arithmetic Mean57.97
Geometric Mean31.30
Coefficient Of Variation165.40
Mean Deviation86.46
Median4.49
Standard Deviation95.88
Sample Variance9,194
Range212
R-Value(0.04)
Mean Square Error9,888
R-Squared0
Significance0.90
Slope(0.77)
Total Sum of Squares128,710

Algoma Price Earnings Ratio History

2024 20.24
2023 16.73
2022 4.49
2021 2.43
2020 -11.22
2019 -11.48

About Algoma Steel Financial Statements

Algoma Steel investors use historical fundamental indicators, such as Algoma Steel's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Algoma Steel. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 16.73  20.24 

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Additional Tools for Algoma Stock Analysis

When running Algoma Steel's price analysis, check to measure Algoma Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Algoma Steel is operating at the current time. Most of Algoma Steel's value examination focuses on studying past and present price action to predict the probability of Algoma Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algoma Steel's price. Additionally, you may evaluate how the addition of Algoma Steel to your portfolios can decrease your overall portfolio volatility.