Altair Engineering Inc. ALTR NASDAQ

Altair Engineering Inc. (ALTR) trades at a trailing P/E of 657.9, forward P/E of 69.4. Trailing earnings yield is 0.15%, forward earnings yield 1.44%. PEG 0.08 (Peter Lynch undervalued ≤1.0).

Criteria proven by this page:

• VALUE (26/100, Fail) — trailing P/E is well above the S&P 500 average of ~25, suggesting a premium valuation (P/E 657.9); trailing earnings yield is below the 10-year Treasury yield (~4.3%), meaning bonds offer a better return (EY 0.15%).
• Forward P/E 69.4 (down from trailing 657.9) — analysts expect earnings to grow, which would improve the valuation.
• PEG Ratio 0.08 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
• Trailing Earnings Yield 0.15% — below bond yields — investors are paying a premium for expected growth rather than current earnings. Forward yield improves to 1.44% as earnings recover.
• Analyst consensus target $106.50 (-4.8% downside) — slight downside risk — the market may be ahead of analyst expectations.

Overall SharesGrow Score: 43/100 with 2/7 criteria passed.