According to Insteel Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6437. At the end of 2022 the company had a P/E ratio of 4.76.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.76 | -49.65% |
2021 | 9.46 | -41.4% |
2020 | 16.1 | -92.49% |
2019 | 215 | 1386.95% |
2018 | 14.5 | -29.58% |
2017 | 20.5 | 6.52% |
2016 | 19.3 | 20.64% |
2015 | 16.0 | -32.95% |
2014 | 23.8 | -29.79% |
2013 | 33.9 | -34.76% |
2012 | 52.0 | 93.99% |
2011 | 26.8 | -175.11% |
2010 | -35.7 | 177.25% |
2009 | -12.9 | -320.03% |
2008 | 5.85 | -38.16% |
2007 | 9.46 | -19.97% |
2006 | 11.8 | 4.87% |
2005 | 11.3 | 134.64% |
2004 | 4.80 | 229.91% |
2003 | 1.46 | -76.91% |
2002 | 6.31 | -4360.28% |
2001 | -0.1481 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Commercial Metals Company CMC | 7.18 | -51.00% | ๐บ๐ธ USA |
Nucor
NUE | 10.0 | -31.64% | ๐บ๐ธ USA |
Omega Flex OFLX | 31.1 | 112.44% | ๐บ๐ธ USA |
Northwest Pipe Company
NWPX | 12.5 | -14.81% | ๐บ๐ธ USA |
Valmont Industries
VMI | 31.3 | 113.55% | ๐บ๐ธ USA |
Aspen Aerogels ASPN | -20.7 | -241.40% | ๐บ๐ธ USA |
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.