P/E ratio for Identiv (INVE)
P/E ratio as of April 2024 (TTM): -28.7
According to Identiv's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -28.7458. At the end of 2022 the company had a P/E ratio of -106.
P/E ratio history for Identiv from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -106 | -103.76% |
| 2021 | > 1000 | -11356% |
| 2020 | -25.0 | -46.81% |
| 2019 | -47.0 | 370% |
| 2018 | -10.0 | 76.65% |
| 2017 | -5.66 | 126.08% |
| 2016 | -2.50 | 346.68% |
| 2015 | -0.5606 | -91.73% |
| 2014 | -6.78 | 503.96% |
| 2013 | -1.12 | -36.65% |
| 2012 | -1.77 | -86.5% |
| 2011 | -13.1 | 14.52% |
| 2010 | -11.5 | 218.99% |
| 2009 | -3.59 | 3.74% |
| 2008 | -3.46 | -88.6% |
| 2007 | -30.4 | -168.34% |
| 2006 | 44.4 | -1139.26% |
| 2005 | -4.28 | 5.34% |
| 2004 | -4.06 | 31.42% |
| 2003 | -3.09 | 128.15% |
| 2002 | -1.35 | -58.77% |
| 2001 | -3.28 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Honeywell HON | 23.8 | -182.68% | 🇺🇸 USA |
 3M MMM | -6.88 | -76.06% | 🇺🇸 USA |
 Mercury Systems MRCY | -57.1 | 98.66% | 🇺🇸 USA |
 NAPCO Security Technologies NSSC | 48.8 | -269.73% | 🇺🇸 USA |
 Intellicheck IDN | -17.5 | -39.12% | 🇺🇸 USA |
 Brady BRC | 17.9 | -162.12% | 🇺🇸 USA |
 3D Systems DDD | -3.62 | -87.42% | 🇺🇸 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.