Ingevity
NGVT
#4771
Rank
โ‚ฌ1.50 B
Marketcap
41,28ย โ‚ฌ
Share price
-2.93%
Change (1 day)
-2.18%
Change (1 year)

P/E ratio for Ingevity (NGVT)

P/E ratio as of December 2024 (TTM): 12.5

According to Ingevity's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5434. At the end of 2022 the company had a P/E ratio of 12.8.

P/E ratio history for Ingevity from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.8-47.5%
202124.344.75%
202016.8-15.83%
201919.9-3.93%
201820.8-11.89%
201723.6-63.95%
201665.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
99.8 695.57%๐Ÿ‡บ๐Ÿ‡ธ 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.