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IRDM Iridium Communications PE ratio, current and historical analysis

The price-to-earnings ratio for Iridium Communications stock stands at 149.71 as of May 20, 2024. This is based on the current EPS of $0.21 and the stock price of $31.44 per share.

IRDM PE ratio history

How has IRDM's PE ratio performed in the past

Over the last ten years, the average PE ratio of Iridium Communications has been 165.34. The current 149.71 P/E ratio is 9% lower than the historical average. In the past ten years, IRDM's PE ratio peaked in the Sep 2022 quarter at 1,109.25, with a price of $44.37 and an EPS of $0.04. The Dec 2017 quarter marked the lowest point at 5.29, with a price of $11.8 and an EPS of $2.23.

Average
165.34
Median
12.46
Minimum
5.29
Maximum
1,109.25

Iridium Communications PE ratio by year

Maximum annual increase: 58.18% in 2014

Maximum annual decrease: -53.29% in 2023

Year PE ratio Change
2023 343 -53.29%
2022 734.29 N/A
2021 N/A N/A
2020 N/A N/A
2019 N/A N/A
2018 N/A N/A
2017 5.29 -44.9%
2016 9.6 N/A
2015 N/A N/A
2014 13.73 58.18%

IRDM average PE ratio chart

What is the average PE ratio of IRDM for the past years

IRDM's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
550.69
5-year avg
550.69
10-year avg
165.34
15-year avg
100.77

IRDM PE vs peers

What is IRDM's PE ratio compared to its peers

In comparison to its peer stock GOGO, IRDM's PE ratio is higher.

Stock name PE ratio Market cap
GOGO Gogo Inc 9.05 $1.38B
IRDM Iridium Communications Inc 148.76 $3.79B
GSAT Globalstar Inc N/A $2.19B
BA Boeing Co N/A $114.15B

Frequently asked questions

What is Iridium Communications's PE ratio?

The price to earnings ratio for IRDM stock is 149.71 as of May 20, 2024.

What is the 3-year average PE ratio for Iridium Communications (IRDM)?

The average PE ratio for IRDM stock over the past 3 years is 550.69.

What is the 5-year average PE ratio for Iridium Communications (IRDM)?

The average PE ratio for IRDM stock over the past 5 years is 550.69.

What is the highest PE ratio for IRDM?

The highest quarterly PE ratio in the last ten years has been 1,109.25 and it was in the Sep 2022 quarter.

How does the current PE ratio for IRDM compare to its historical average?

IRDM's current price to earnings ratio is 9% below its 10-year historical average.

Why is Iridium Communications's PE ratio so high?

IRDM's PE ratio of 149.71 is considered high because the company's stock price is trading at a higher multiple of earnings.

How is IRDM's PE ratio calculated (Iridium Communications PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 20, 2024), Iridium Communications's stock price is $31.44. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.21. Therefore, Iridium Communications's PE ratio for today is 149.71. PE RATIO(149.71) = STOCK PRICE($31.44) / TTM EPS($0.21)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.