ATI Inc. (ATI) Valuation

Historical valuation analysis based on 500 data points (2024-09-23 to 2026-09-21)

ATI Inc supplies specialty metals to various end markets, including aerospace and defense, oil and gas, automotive, and electrical energy, among many others. The company's operating segment include...

ATI Inc. (ATI) currently trades at a P/E ratio of 40.45 (historical range: 21.91–40.45, median: 27.70), placing it at the 99th percentile — expensive relative to its history, P/S ratio of 3.93 (range: 2.16–3.93, 99th percentile — expensive relative to its history), EV/EBITDA of 28.75 (range: 20.21–28.75, 99th percentile).

Over the historical period (2024-09-23 to 2026-09-21), ATI Inc.'s P/E ratio has expanded by 34% over the observed period (from an average of 24.8 to 33.2).

ATI Inc. appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio40.4521.9127.7040.4599thexpensive relative to its history
P/S Ratio3.932.162.713.9399thexpensive relative to its history
EV/EBITDA28.7520.2123.2428.7599thexpensive relative to its history
FCF Yield0.020.010.020.0451thnear its historical average
Current Price: $190.15
Market Cap: $25.9B
Sector: Industrials

ATI Inc. (ATI) Valuation & P/E History

ATI Inc. (ATI) is a US-listed stock operating in the Industrials sector, specifically the Steel Pipe & Tubes industry currently trading at $190.15 with a market capitalization of $25.9 billion. This page provides historical valuation analysis for ATI based on 500 data points covering 2024-09-23 to 2026-09-21. The P/E ratio of 40.45 is above the historical median of 27.70, placing ATI at the 99th percentile of its valuation range. The P/S ratio of 3.93 compares to a median of 2.71.

ATI Valuation Metrics & Historical Range

The valuation table above shows ATI Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether ATI is currently trading above or below its typical valuation levels.

  • P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests ATI is expensively valued; below the median suggests it is cheap.
  • P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
  • EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for ATI Inc..
  • FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.

Is ATI Overvalued or Undervalued?

ATI Inc. appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics. The overall valuation percentile of 99 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive ATI is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.

However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full ATI analysis page for a complete picture.

Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.ATI trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.