P/E ratio for inTEST Corporation (INTT)
P/E ratio as of April 2024 (TTM): 11.4
According to inTEST Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.381. At the end of 2022 the company had a P/E ratio of 13.0.
P/E ratio history for inTEST Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.0 | -28.25% |
| 2021 | 18.2 | -125.2% |
| 2020 | -72.1 | -366.63% |
| 2019 | 27.0 | 32.36% |
| 2018 | 20.4 | -76.38% |
| 2017 | 86.5 | 407.72% |
| 2016 | 17.0 | -30.26% |
| 2015 | 24.4 | 89.69% |
| 2014 | 12.9 | 5.06% |
| 2013 | 12.3 | -8.6% |
| 2012 | 13.4 | 367.97% |
| 2011 | 2.87 | -19.08% |
| 2010 | 3.54 | -202.36% |
| 2009 | -3.46 | 1242.48% |
| 2008 | -0.2577 | -91.99% |
| 2007 | -3.22 | -124.25% |
| 2006 | 13.3 | -264.41% |
| 2005 | -8.07 | -129.42% |
| 2004 | 27.4 | -392.85% |
| 2003 | -9.37 | -94.13% |
| 2002 | -160 | 4189.08% |
| 2001 | -3.72 |
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.