P/E ratio for Inspire Medical Systems (INSP)
P/E ratio as of May 2024 (TTM): -175
According to Inspire Medical Systems 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -174.629. At the end of 2022 the company had a P/E ratio of -155.
P/E ratio history for Inspire Medical Systems from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -155 | 4.11% |
| 2021 | -148 | 75.18% |
| 2020 | -84.7 | 58.7% |
| 2019 | -53.4 | 70.83% |
| 2018 | -31.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Merit Medical MMSI | 45.4 | -125.99% | 🇺🇸 USA |
 Inari Medical
NARI | -841 | 381.36% | 🇺🇸 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.