P/E ratio for Information Services Group (III)
P/E ratio as of June 2024 (TTM): 9.79
According to Information Services Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.78788. At the end of 2022 the company had a P/E ratio of 11.2.
P/E ratio history for Information Services Group from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.2 | -54.36% |
| 2021 | 24.6 | -62.53% |
| 2020 | 65.6 | 81.5% |
| 2019 | 36.1 | 5.49% |
| 2018 | 34.3 | -141.08% |
| 2017 | -83.4 | 289.51% |
| 2016 | -21.4 | -176.89% |
| 2015 | 27.8 | 6.69% |
| 2014 | 26.1 | -13.82% |
| 2013 | 30.3 | -62.82% |
| 2012 | 81.5 | -12279.77% |
| 2011 | -0.6688 | -46.69% |
| 2010 | -1.25 | -96.44% |
| 2009 | -35.2 | 1816.5% |
| 2008 | -1.84 | -103.22% |
| 2007 | 57.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cognizant Technology Solutions CTSH | 15.7 | 60.64% | 🇺🇸 USA |
 HP HPQ | 16.4 | 67.63% | 🇺🇸 USA |
 Xerox XRX | 12.9 | 31.86% | 🇺🇸 USA |
 Gartner IT | 35.6 | 263.49% | 🇺🇸 USA |
 The Hackett Group
HCKT | 17.3 | 76.90% | 🇺🇸 USA |
 Huron Consulting HURN | 22.9 | 133.46% | 🇺🇸 USA |
 CRA International
CRAI | 33.5 | 242.56% | 🇺🇸 USA |
 FTI Consulting FCN | 29.8 | 204.50% | 🇺🇸 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.