According to Immersion Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.16802. At the end of 2022 the company had a P/E ratio of 7.48.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.48 | -47.61% |
2021 | 14.3 | -72.18% |
2020 | 51.3 | -535.13% |
2019 | -11.8 | -343.51% |
2018 | 4.84 | -206.33% |
2017 | -4.55 | -41.3% |
2016 | -7.76 | -107.18% |
2015 | 108 | 82.61% |
2014 | 59.2 | 732.5% |
2013 | 7.11 | -121.73% |
2012 | -32.7 | -62.11% |
2011 | -86.3 | 157.33% |
2010 | -33.6 | 639.86% |
2009 | -4.53 | 31.65% |
2008 | -3.44 | -219.16% |
2007 | 2.89 | -117.14% |
2006 | -16.9 | 37.95% |
2005 | -12.2 | 52.57% |
2004 | -8.01 | 11.75% |
2003 | -7.17 | 408.55% |
2002 | -1.41 | -75.91% |
2001 | -5.85 |
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.