P/E ratio for Iron Mountain (IRM)
P/E ratio as of June 2024 (TTM): 82.9
According to Iron Mountain's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 82.9246. At the end of 2022 the company had a P/E ratio of 25.8.
P/E ratio history for Iron Mountain from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.8 | -23.5% |
| 2021 | 33.8 | 36.28% |
| 2020 | 24.8 | -28.49% |
| 2019 | 34.6 | 34.67% |
| 2018 | 25.7 | -56.37% |
| 2017 | 59.0 | -14.69% |
| 2016 | 69.1 | 50.95% |
| 2015 | 45.8 | 96.61% |
| 2014 | 23.3 | -57.66% |
| 2013 | 55.0 | 89.74% |
| 2012 | 29.0 | 104.68% |
| 2011 | 14.2 | -117.77% |
| 2010 | -79.7 | -509.23% |
| 2009 | 19.5 | -64.21% |
| 2008 | 54.4 | 22.47% |
| 2007 | 44.4 | 13.97% |
| 2006 | 39.0 | -14.57% |
| 2005 | 45.6 | 18.23% |
| 2004 | 38.6 | 4.58% |
| 2003 | 36.9 | -5.66% |
| 2002 | 39.1 | -176.83% |
| 2001 | -50.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Automatic Data Processing ADP | 28.5 | -65.62% | 🇺🇸 USA |
 Cintas CTAS | 49.5 | -40.31% | 🇺🇸 USA |
 Equifax EFX | 54.0 | -34.86% | 🇺🇸 USA |
 Fiserv FI | 30.7 | -63.01% | 🇺🇸 USA |
 Moody's MCO | 48.0 | -42.12% | 🇺🇸 USA |
 Tradeweb TW | 62.3 | -24.82% | 🇺🇸 USA |
 Pitney Bowes PBI | -6.07 | -107.32% | 🇺🇸 USA |
 Dun & Bradstreet
DNB | -158 | -290.33% | 🇺🇸 USA |
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.