P/E ratio for Impinj (PI)
P/E ratio as of May 2024 (TTM): -150
According to Impinj's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -150.046. At the end of 2022 the company had a P/E ratio of -113.
P/E ratio history for Impinj from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -113 | 169.27% |
| 2021 | -42.0 | 127.91% |
| 2020 | -18.4 | -24.39% |
| 2019 | -24.4 | 176.66% |
| 2018 | -8.82 | -67.12% |
| 2017 | -26.8 | -57.81% |
| 2016 | -63.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Impinj PI | -150 | 0.00% | 🇺🇸 USA |
 Canon 7751.T | 14.5 | -109.67% | 🇯🇵 Japan |
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.