IIIN Insteel Industries PE ratio, current and historical analysis
The current PE ratio for Insteel Industries stock as of Oct 22, 2024 is 25.78. This is calculated based on the TTM EPS of $1.05 and the stock price of $27.07 per share. The PE ratio has decreased by 9% from its last 4 quarters average of 28.2.
IIIN PE ratio history
The average historical PE ratio of Insteel Industries for the last ten years is 25.03. The current price-to-earnings ratio of 25.78 is 3% more than the historical average. Analyzing the last ten years, IIIN's PE ratio reached its highest point in the Dec 2019 quarter at 217.7, when the price was $21.77 and the EPS was $0.1. The lowest point was recorded in the Oct 2022 quarter, when it reached 4.14 with a price of $26.53 and an EPS of $6.41.
Insteel Industries PE ratio by year
Maximum annual increase: 372.22% in 2023
Maximum annual decrease: -73.2% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 19.55 | 372.22% |
| 2022 | 4.14 | -63.49% |
| 2021 | 11.34 | -40.75% |
| 2020 | 19.14 | -73.2% |
| 2019 | 71.41 | 278.23% |
| 2018 | 18.88 | -13.95% |
| 2017 | 21.94 | 20.48% |
| 2016 | 18.21 | 33.5% |
| 2015 | 13.64 | -40.8% |
| 2014 | 23.04 | -6.42% |
IIIN average PE ratio chart
IIIN's current PE ratio is higher than the 3 and 10-year averages, but it is under its 5-year average.
IIIN PE vs peers
IIIN's PE ratio is less than its peer stock VMI, but it is above NUE's and CMC's. Insteel Industries is currently trading at a higher PE ratio (25.78) than its peers average of 20.82.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NUE Nucor Corp | 10.18 | $33.61B |
| CMC COMMERCIAL METALS Co | 12.24 | $5.84B |
| NWPX Northwest Pipe Co | 17.37 | $434.09M |
| USAP Universal Stainless & Alloy Products Inc | 22.98 | $403.33M |
| OFLX Omega Flex Inc | 25.59 | $493.31M |
| IIIN Insteel Industries Inc | 27.06 | $552.43M |
| VMI Valmont Industries Inc | 39 | $6.57B |
| ASPN Aspen Aerogels Inc | N/A | $1.53B |
Frequently asked questions
What is Insteel Industries's PE ratio?
As of Oct 22, 2024, IIIN stock has a price to earnings ratio of 25.78.
What is the 3-year average PE ratio for Insteel Industries (IIIN)?
The 3-year average PE ratio for IIIN stock is 14.76.
What is the 5-year average PE ratio for Insteel Industries (IIIN)?
The 5-year average PE ratio for IIIN stock is 28.39.
What is the highest PE ratio for IIIN?
Over the last ten years, the quarterly PE ratio reached its highest level at 217.7 in the Dec 2019 quarter.
How does the current PE ratio for IIIN compare to its historical average?
The current PE ratio of IIIN is 3% higher than the 10-year historical average.
How is IIIN's PE ratio calculated (Insteel Industries PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Oct 22, 2024), Insteel Industries's share price is $27.07. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.05. Therefore, Insteel Industries's price to earnings ratio for today is 25.78. PE RATIO(25.78) = STOCK PRICE($27.07) / TTM EPS($1.05)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.