Iron Mountain
IRM
#816
Rank
$23.51 B
Marketcap
$80.46
Share price
0.40%
Change (1 day)
60.25%
Change (1 year)
Iron Mountain Inc. is an American enterprise information management services company that provides records management, information destruction, and data backup and recovery services.

P/E ratio for Iron Mountain (IRM)

P/E ratio as of March 2024 (TTM): 83.4

According to Iron Mountain's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 83.4452. At the end of 2022 the company had a P/E ratio of 25.8.

P/E ratio history for Iron Mountain from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202225.8-23.5%
202133.836.28%
202024.8-28.49%
201934.634.67%
201825.7-56.37%
201759.0-14.69%
201669.150.95%
201545.896.61%
201423.3-57.66%
201355.089.74%
201229.0104.68%
201114.2-117.77%
2010-79.7-509.23%
200919.5-64.21%
200854.422.47%
200744.413.97%
200639.0-14.57%
200545.618.23%
200438.64.58%
200336.9-5.66%
200239.1-176.83%
2001-50.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
29.4-64.78%๐Ÿ‡บ๐Ÿ‡ธ USA
50.7-39.23%๐Ÿ‡บ๐Ÿ‡ธ USA
61.7-26.01%๐Ÿ‡บ๐Ÿ‡ธ USA
33.0-60.40%๐Ÿ‡บ๐Ÿ‡ธ USA
47.4-43.25%๐Ÿ‡บ๐Ÿ‡ธ USA
60.0-28.10%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.98-105.96%๐Ÿ‡บ๐Ÿ‡ธ USA
-166-298.93%๐Ÿ‡บ๐Ÿ‡ธ 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.