Immersion Corporation
IMMR
#7602
Rank
โ‚น24.79 B
Marketcap
โ‚น768.31
Share price
-2.07%
Change (1 day)
28.87%
Change (1 year)

P/E ratio for Immersion Corporation (IMMR)

P/E ratio as of December 2024 (TTM): 6.81

According to Immersion Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.80969. At the end of 2022 the company had a P/E ratio of 7.48.

P/E ratio history for Immersion Corporation from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.48-47.61%
202114.3-72.18%
202051.3-535.13%
2019-11.8-343.51%
20184.84-206.33%
2017-4.55-41.3%
2016-7.76-107.18%
201510882.61%
201459.2732.5%
20137.11-121.73%
2012-32.7-62.11%
2011-86.3157.33%
2010-33.6639.86%
2009-4.5331.65%
2008-3.44-219.16%
20072.89-117.14%
2006-16.937.95%
2005-12.252.57%
2004-8.0111.75%
2003-7.17408.55%
2002-1.41-75.91%
2001-5.85

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
42.4 522.20%๐Ÿ‡บ๐Ÿ‡ธ USA
34.8 411.39%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
24.4 258.83%๐Ÿ‡บ๐Ÿ‡ธ USA
37.1 444.27%๐Ÿ‡บ๐Ÿ‡ธ USA
7.78 14.23%๐Ÿ‡บ๐Ÿ‡ธ USA
16.3 138.87%๐Ÿ‡บ๐Ÿ‡ธ 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.