IIIN Insteel Industries PE ratio, current and historical analysis
The current PE ratio for Insteel Industries stock as of Feb 21, 2025 is 29.17. This is calculated based on the TTM EPS of $1 and the stock price of $29.17 per share. The current PE ratio is about the same compared to the last 4 quarters average.
IIIN PE ratio history
The average historical PE ratio of Insteel Industries for the last ten years is 25.29. The current price-to-earnings ratio of 29.17 is 15% 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: -79.01% in 2013
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 31.19 | 59.54% | $30.88 | $0.99 |
| 2023 | 19.55 | 372.22% | $32.46 | $1.66 |
| 2022 | 4.14 | -63.49% | $26.53 | $6.41 |
| 2021 | 11.34 | -40.75% | $39 | $3.44 |
| 2020 | 19.14 | -73.2% | $18.95 | $0.99 |
| 2019 | 71.41 | 278.23% | $20.71 | $0.29 |
| 2018 | 18.88 | -13.95% | $35.88 | $1.9 |
| 2017 | 21.94 | 20.48% | $26.11 | $1.19 |
| 2016 | 18.21 | 33.5% | $36.24 | $1.99 |
| 2015 | 13.64 | -40.8% | $16.1 | $1.18 |
| 2014 | 23.04 | -6.42% | $20.97 | $0.91 |
| 2013 | 24.62 | -79.01% | $16 | $0.65 |
| 2012 | 117.3 | N/A | $11.73 | $0.1 |
| 2011 | N/A | N/A | $10.07 | -$0.02 |
| 2010 | 297.67 | N/A | $8.93 | $0.03 |
Insteel Industries PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 27.55 | -11.67% | $27.55 | $1 |
| Sep 2024 | 31.19 | 5.76% | $30.88 | $0.99 |
| Jun 2024 | 29.49 | -3.56% | $30.96 | $1.05 |
| Mar 2024 | 30.58 | -8.17% | $38.22 | $1.25 |
| Dec 2023 | 33.3 | 70.33% | $38.29 | $1.15 |
| Sep 2023 | 19.55 | 64.56% | $32.46 | $1.66 |
| Jul 2023 | 11.88 | 72.93% | $31.12 | $2.62 |
| Apr 2023 | 6.87 | 44.63% | $27.82 | $4.05 |
| Dec 2022 | 4.75 | 14.73% | $27.52 | $5.79 |
| Oct 2022 | 4.14 | -25.14% | $26.53 | $6.41 |
| Jul 2022 | 5.53 | -18.91% | $35.74 | $6.46 |
| Apr 2022 | 6.82 | -27.91% | $37.09 | $5.44 |
| Jan 2022 | 9.46 | -16.58% | $39.81 | $4.21 |
| Oct 2021 | 11.34 | -19.52% | $39 | $3.44 |
| Jul 2021 | 14.09 | -14.29% | $35.65 | $2.53 |
IIIN average PE ratio chart
IIIN's current PE ratio is higher than the 3, 5 and 10-year averages.
IIIN PE vs peers
IIIN's PE ratio is less than its peer stocks CMC and ASPN, but it is above NUE's and VMI's. Insteel Industries is currently trading at a higher PE ratio (29.17) than its peers average of 23.25.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NUE Nucor Corp | 13.03 | $31.75B |
| NWPX Northwest Pipe Co | 16.1 | $474.21M |
| OFLX Omega Flex Inc | 19.92 | $365.92M |
| VMI Valmont Industries Inc | 23.55 | $6.99B |
| IIIN Insteel Industries Inc | 29.17 | $566.79M |
| CMC COMMERCIAL METALS Co | 43.67 | $5.66B |
| ASPN Aspen Aerogels Inc | 402 | $659.66M |
Frequently asked questions
What is Insteel Industries's PE ratio?
As of Feb 21, 2025, IIIN stock has a price to earnings ratio of 29.17.
What is the 3-year average PE ratio for Insteel Industries (IIIN)?
The 3-year average PE ratio for IIIN stock is 17.64.
What is the 5-year average PE ratio for Insteel Industries (IIIN)?
The 5-year average PE ratio for IIIN stock is 19.03.
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 15% 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 (Feb 21, 2025), Insteel Industries's share price is $29.17. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1. Therefore, Insteel Industries's price to earnings ratio for today is 29.17. PE RATIO(29.17) = STOCK PRICE($29.17) / TTM EPS($1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.