Intrepid Potash
IPI
#5206
Rank
$0.55 B
Marketcap
$41.02
Share price
-1.96%
Change (1 day)
26.06%
Change (1 year)

P/E ratio for Intrepid Potash (IPI)

P/E ratio as of October 2022 (TTM): 1.90

According to Intrepid Potash 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.8974. At the end of 2021 the company had a P/E ratio of 2.24.

P/E ratio history for Intrepid Potash from 2008 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20212.24-119.79%
2020-11.3-145.32%
201925.0-13.4%
201828.9-251.73%
2017-19.0705.54%
2016-2.36456.06%
2015-0.4251-100.38%
2014111109.81%
201352.8185.2%
201218.5

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.