P/E ratio for Innodata (INOD)
P/E ratio as of April 2024 (TTM): -19.7
According to Innodata's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19.7167. At the end of 2022 the company had a P/E ratio of -6.91.
P/E ratio history for Innodata from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -6.91 | -93.71% |
| 2021 | -110 | -162.19% |
| 2020 | 177 | -1149.54% |
| 2019 | -16.8 | -102.17% |
| 2018 | 776 | -11517.61% |
| 2017 | -6.80 | -38.97% |
| 2016 | -11.1 | -60.9% |
| 2015 | -28.5 | -60.96% |
| 2014 | -73.0 | 1195.68% |
| 2013 | -5.63 | -144.72% |
| 2012 | 12.6 | -42.44% |
| 2011 | 21.9 | -122.96% |
| 2010 | -95.3 | -633.45% |
| 2009 | 17.9 | 93.01% |
| 2008 | 9.26 | -67.12% |
| 2007 | 28.2 | -491.08% |
| 2006 | -7.20 | -85.43% |
| 2005 | -49.4 | -275.81% |
| 2004 | 28.1 | -85.94% |
| 2003 | 200 | -5100% |
| 2002 | -4.00 | -109.43% |
| 2001 | 42.4 |
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.