P/E ratio for Information Services Group (III)
P/E ratio as of September 2023 (TTM): 13.2
According to Information Services Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.2424. At the end of 2021 the company had a P/E ratio of 24.6.
P/E ratio history for Information Services Group from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 24.6 | -62.53% |
| 2020 | 65.6 | 81.5% |
| 2019 | 36.1 | 5.49% |
| 2018 | 34.3 | -141.08% |
| 2017 | -83.4 | 289.51% |
| 2016 | -21.4 | -176.89% |
| 2015 | 27.8 | 6.69% |
| 2014 | 26.1 | -13.82% |
| 2013 | 30.3 | -62.82% |
| 2012 | 81.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cognizant Technology Solutions CTSH | 15.9 | 19.77% | 🇺🇸 USA |
 HP HPQ | 11.0 | -17.19% | 🇺🇸 USA |
 Xerox XRX | -9.32 | -170.36% | 🇺🇸 USA |
 Gartner IT | 30.0 | 126.34% | 🇺🇸 USA |
 The Hackett Group
HCKT | 18.6 | 40.39% | 🇺🇸 USA |
 Huron Consulting HURN | 28.1 | 111.86% | 🇺🇸 USA |
 CRA International
CRAI | 18.7 | 40.97% | 🇺🇸 USA |
 FTI Consulting FCN | 25.7 | 94.27% | 🇺🇸 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.