P/E ratio for Inseego (INSG)
P/E ratio as of April 2024 (TTM): -6.21
According to Inseego's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.20513. At the end of 2022 the company had a P/E ratio of -1.29.
P/E ratio history for Inseego from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.29 | -88.47% |
| 2021 | -11.2 | -14.48% |
| 2020 | -13.1 | -6.99% |
| 2019 | -14.1 | -52.45% |
| 2018 | -29.6 | 1336.11% |
| 2017 | -2.06 | -6.1% |
| 2016 | -2.20 | 30.31% |
| 2015 | -1.69 | -42.37% |
| 2014 | -2.93 | 58.1% |
| 2013 | -1.85 | 280.06% |
| 2012 | -0.4872 | -87.86% |
| 2011 | -4.01 | -55.88% |
| 2010 | -9.10 | -113.69% |
| 2009 | 66.4 | -157.26% |
| 2008 | -116 | -987.9% |
| 2007 | 13.1 | |
| 2005 | 31.9 | -12.98% |
| 2004 | 36.6 | -1432.84% |
| 2003 | -2.75 | 7961.05% |
| 2002 | -0.0341 | -95.3% |
| 2001 | -0.7256 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Spok Holdings
SPOK | 8.05 | -229.71% | 🇺🇸 USA |
 Shentel SHEN | < -1000 | 23,187.18% | 🇺🇸 USA |
 SK Telecom SKM | 9.94 | -260.15% | 🇰🇷 S. Korea |
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.