P/E ratio for Innovative Solutions and Support (ISSC)
P/E ratio as of May 2024 (TTM): 22.9
According to Innovative Solutions and Support's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.8793. At the end of 2022 the company had a P/E ratio of 27.4.
P/E ratio history for Innovative Solutions and Support from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.4 | 50.37% |
| 2021 | 18.2 | -49.69% |
| 2020 | 36.2 | -25.57% |
| 2019 | 48.7 | -423.01% |
| 2018 | -15.1 | -249.2% |
| 2017 | 10.1 | -84.84% |
| 2016 | 66.6 | -872.17% |
| 2015 | -8.63 | -100% |
| 2014 | > 1000 | 1.005840983443E+18% |
| 2013 | 45.6 | 204.63% |
| 2012 | 15.0 | -95.65% |
| 2011 | 344 | 688.71% |
| 2010 | 43.6 | 14.03% |
| 2009 | 38.3 | -206.52% |
| 2008 | -35.9 | 155.7% |
| 2007 | -14.0 | -80.21% |
| 2006 | -71.0 | -367.01% |
| 2005 | 26.6 | -2.17% |
| 2004 | 27.2 | -4.66% |
| 2003 | 28.5 | 59.81% |
| 2002 | 17.8 | 19.32% |
| 2001 | 14.9 |
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.