P/E ratio for IMTE (IMTE)
P/E ratio at the end of 2021: -9.97
According to IMTE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.74414. At the end of 2021 the company had a P/E ratio of -9.97.
P/E ratio history for IMTE from 2017 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -9.97 | 330.45% |
| 2020 | -2.32 | -20.88% |
| 2019 | -2.93 | 74.79% |
| 2018 | -1.67 | -114.86% |
| 2017 | 11.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Richardson Electronics RELL | 8.17 | -318.19% | 🇺🇸 USA |
 Resideo Technologies
REZI | 17.0 | -553.81% | 🇺🇸 USA |
 Ozon OZON.ME | -16.4 | 337.69% | 🇺🇸 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.