P/E ratio for International Games System (3293.TWO)
P/E ratio as of September 2023 (TTM): 14.9
According to International Games System's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.8929. At the end of 2021 the company had a P/E ratio of 11.8.
P/E ratio history for International Games System from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 11.8 | -26.06% |
| 2020 | 16.0 | 15.93% |
| 2019 | 13.8 | 18.75% |
| 2018 | 11.6 | -3.94% |
| 2017 | 12.1 | -22.51% |
| 2016 | 15.6 | -45.19% |
| 2015 | 28.4 | -37.46% |
| 2014 | 45.4 | 32.46% |
| 2013 | 34.3 | 38.72% |
| 2012 | 24.7 | 62.58% |
| 2011 | 15.2 | 13.42% |
| 2010 | 13.4 | -2.04% |
| 2009 | 13.7 | 29.52% |
| 2008 | 10.6 | -26.79% |
| 2007 | 14.4 |
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.