Information Services Group
III
#7979
Rank
โ‚น13.53 B
Marketcap
โ‚น276.85
Share price
-2.08%
Change (1 day)
-25.80%
Change (1 year)

P/E ratio for Information Services Group (III)

P/E ratio as of September 2024 (TTM): 10.0

According to Information Services Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10. At the end of 2022 the company had a P/E ratio of 11.2.

P/E ratio history for Information Services Group from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.2-54.36%
202124.6-62.53%
202065.681.5%
201936.15.49%
201834.3-141.08%
2017-83.4289.51%
2016-21.4-176.89%
201527.86.69%
201426.1-13.82%
201330.3-62.82%
201281.5-12279.77%
2011-0.6688-46.69%
2010-1.25-96.44%
2009-35.21816.5%
2008-1.84-103.22%
200757.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
20.9 109.29%๐Ÿ‡บ๐Ÿ‡ธ USA
33.2 231.75%๐Ÿ‡บ๐Ÿ‡ธ USA
43.5 334.76%๐Ÿ‡บ๐Ÿ‡ธ USA
28.4 184.31%๐Ÿ‡บ๐Ÿ‡ธ USA
9.87-1.31%๐Ÿ‡บ๐Ÿ‡ธ USA
14.8 47.69%๐Ÿ‡บ๐Ÿ‡ธ USA
18.3 82.89%๐Ÿ‡บ๐Ÿ‡ธ USA
31.1 210.94%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.