According to International Games System's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.0777. At the end of 2022 the company had a P/E ratio of 5.57.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.57 | -17.21% |
2021 | 6.73 | -14.04% |
2020 | 7.83 | 12.81% |
2019 | 6.94 | 19.83% |
2018 | 5.80 | -3.94% |
2017 | 6.03 | -22.51% |
2016 | 7.79 | -46.68% |
2015 | 14.6 | -36.37% |
2014 | 22.9 | 33.73% |
2013 | 17.2 | 40.99% |
2012 | 12.2 | 60.08% |
2011 | 7.60 | 13.42% |
2010 | 6.70 |
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.