P/E ratio for Intevac (IVAC)
P/E ratio as of April 2024 (TTM): -7.02
According to Intevac 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.01923. At the end of 2022 the company had a P/E ratio of -9.51.
P/E ratio history for Intevac from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -9.51 | -318.17% |
| 2021 | 4.36 | -97.58% |
| 2020 | 180 | 27.66% |
| 2019 | 141 | 304.97% |
| 2018 | 34.9 | 0.84% |
| 2017 | 34.6 | -245.58% |
| 2016 | -23.8 | 106.47% |
| 2015 | -11.5 | 73.21% |
| 2014 | -6.64 | -41.01% |
| 2013 | -11.3 | 481.35% |
| 2012 | -1.94 | -74.88% |
| 2011 | -7.71 | -168.78% |
| 2010 | 11.2 | -143.97% |
| 2009 | -25.5 | 251.92% |
| 2008 | -7.24 | -163.76% |
| 2007 | 11.4 | -2.82% |
| 2006 | 11.7 | -30.04% |
| 2005 | 16.7 | -150.83% |
| 2004 | -32.9 | 121.46% |
| 2003 | -14.8 | -367.83% |
| 2002 | 5.54 | -430.64% |
| 2001 | -1.68 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Applied Materials AMAT | 25.4 | -461.29% | 🇺🇸 USA |
 Western Digital WDC | -9.13 | 30.04% | 🇺🇸 USA |
 Seagate Technology STX | -24.2 | 245.31% | 🇮🇪 Ireland |
 Veeco
VECO | 23.4 | -433.71% | 🇺🇸 USA |
 Canon 7751.T | 14.9 | -312.51% | 🇯🇵 Japan |
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.