P/E ratio for Intrepid Potash (IPI)
P/E ratio as of April 2024 (TTM): 9.91
According to Intrepid Potash 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.91457. At the end of 2022 the company had a P/E ratio of 5.27.
P/E ratio history for Intrepid Potash from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.27 | 134.75% |
| 2021 | 2.24 | -119.79% |
| 2020 | -11.3 | -145.18% |
| 2019 | 25.1 | -13.14% |
| 2018 | 28.9 | -251.73% |
| 2017 | -19.0 | 705.54% |
| 2016 | -2.36 | 456.06% |
| 2015 | -0.4251 | -100.38% |
| 2014 | 111 | 109.81% |
| 2013 | 52.8 | 185.2% |
| 2012 | 18.5 | 20.26% |
| 2011 | 15.4 | -74.82% |
| 2010 | 61.1 | 55.08% |
| 2009 | 39.4 | -1098.28% |
| 2008 | -3.95 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CF Industries
CF | 7.34 | -25.92% | 🇺🇸 USA |
 The Mosaic Company MOS | 4.76 | -51.97% | 🇺🇸 USA |
 Compass Minerals CMP | 58.1 | 485.91% | 🇺🇸 USA |
 Sociedad Química y Minera SQM | 3.45 | -65.19% | 🇨🇱 Chile |
 ScottsMiracle-Gro SMG | -10.1 | -202.08% | 🇺🇸 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.