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Altex Industries, Inc. Altex Industries, Inc.

Altex Industries, Inc.

ALTX
Rank in Stocks #37178
Altex Industries, Inc. conducts its operations mainly through its subsidiary,... Altex Industries, Inc. conducts its operations mainly through its subsidiary, Altex Oil Corporation, holding interests in active, land-based oil and natural gas properties located throughout Utah and Wyoming. By September 30, 2021, the company's verified and accessible oil reserves totaled 1,000 barrels. This enterprise was established in 1985 and maintains its principal office in Denver, Colorado.
Share Price
$0.174
Last synced: 2026-08-14
Market Cap
$1.95M
Change (1 day)
0.00%
Change (1 year)
-47.59%
Country
US
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P/E ratio for Altex Industries, Inc. (ALTX)
P/E ratio as of 2026 TTM: 0
According to Altex Industries, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2026 the company had a P/E ratio of 0.
P/E ratio history for Altex Industries, Inc. from 2026 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
Not enough data for the provided dates.
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
16.77 -
US
8.01 -
HK
- -
CA
- -
US
11.04 -
US
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.