Information Services Corporation
ISV.TO
#6876
Rank
โ‚ฌ0.35 B
Marketcap
19,56ย โ‚ฌ
Share price
-1.67%
Change (1 day)
17.70%
Change (1 year)

P/E ratio for Information Services Corporation (ISV.TO)

P/E ratio as of September 2024 (TTM): 26.3

According to Information Services Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.2919. At the end of 2022 the company had a P/E ratio of 13.8.

P/E ratio history for Information Services Corporation from 2013 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202213.8-0.06%
202113.8-20.05%
202017.325%
201913.8-6.63%
201814.828.06%
201711.6-43.25%
201620.429.7%
201515.7-8.59%
201417.2337.21%
20133.93

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.