P/E ratio for Ideal Power (IPWR)
P/E ratio as of May 2024 (TTM): -5.18
According to Ideal Power's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.18248. At the end of 2022 the company had a P/E ratio of -9.15.
P/E ratio history for Ideal Power from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -9.15 | -40.09% |
| 2021 | -15.3 | 298% |
| 2020 | -3.84 | 311.92% |
| 2019 | -0.9312 | 112.14% |
| 2018 | -0.4389 | -75.27% |
| 2017 | -1.78 | -38.14% |
| 2016 | -2.87 | -56.24% |
| 2015 | -6.56 | -12.39% |
| 2014 | -7.48 | 384.88% |
| 2013 | -1.54 |
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.