P/E ratio for Iron Mountain (IRM)
P/E ratio as of September 2023 (TTM): 48.4
According to Iron Mountain's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.4207. At the end of 2021 the company had a P/E ratio of 33.8.
P/E ratio history for Iron Mountain from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 33.8 | 36.28% |
| 2020 | 24.8 | -28.49% |
| 2019 | 34.6 | |
| 2012 | 29.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Automatic Data Processing ADP | 29.6 | -38.88% | 🇺🇸 USA |
 Cintas CTAS | 39.0 | -19.56% | 🇺🇸 USA |
 Equifax EFX | 45.4 | -6.22% | 🇺🇸 USA |
 Fiserv FI | 29.9 | -38.22% | 🇺🇸 USA |
 Moody's MCO | 43.2 | -10.73% | 🇺🇸 USA |
 Tradeweb TW | 52.3 | 8.03% | 🇺🇸 USA |
 Pitney Bowes PBI | -4.23 | -108.74% | 🇺🇸 USA |
 Dun & Bradstreet
DNB | -206 | -525.02% | 🇺🇸 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.