VATE
Price:
$4.86
Market Cap:
$63.82M
INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. It provides industrial construction, structural steel, and facility maintenance services for use in commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. The company also fabricates trusses and girders; and fabricates and erects water pipe, water storage tanks, tunnel liners, pressure vessels, strainers, filters, separators, and othe...[Read more]
Industry
Engineering & Construction
IPO Date
2009-07-13
Stock Exchange
NYSE
Ticker
VATE
According to INNOVATE Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -0.86. This represents a change of -6.41% compared to the average of -0.92 of the last 4 quarters.
The mean historical PE Ratio of INNOVATE Corp. over the last ten years is -4.01. The current -0.86 PE Ratio has changed 2.04% with respect to the historical average. Over the past ten years (40 quarters), VATE's PE Ratio was at its highest in in the June 2016 quarter at 79.93. The PE Ratio was at its lowest in in the December 2021 quarter at -13.75.
Average
-4.01
Median
-3.56
Minimum
-8.80
Maximum
0.91
Discovering the peaks and valleys of INNOVATE Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 112.79%
Maximum Annual PE Ratio = 0.91
Minimum Annual Increase = -706.67%
Minimum Annual PE Ratio = -8.80
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -1.81 | -29.77% |
| 2023 | -2.57 | -27.56% |
| 2022 | -3.55 | -0.64% |
| 2021 | -3.57 | 1.15% |
| 2020 | -3.53 | -36.02% |
| 2019 | -5.52 | -706.67% |
| 2018 | 0.91 | -111.48% |
| 2017 | -7.93 | 112.79% |
| 2016 | -3.73 | -57.64% |
| 2015 | -8.80 | -74.33% |
The current PE Ratio of INNOVATE Corp. (VATE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-2.64
5-year avg
-3.01
10-year avg
-4.01
INNOVATE Corp.’s PE Ratio is greater than Shimmick Corporation Common Stock (-1.49), greater than Dragonfly Energy Holdings Corp. (-1299.37), greater than Team, Inc. (-1.28), less than Julong Holding Limited Class A Ordinary Shares (0), greater than AirJoule Technologies Corporation (-31.19), greater than High-Trend International Group (-2.37), greater than Stardust Power Inc. (-1.40), greater than Heidmar Maritime Holdings Corp. (-3.52), less than ESS Tech, Inc. (-0.64), less than Toro Corp. (14.68),
| Company | PE Ratio | Market cap |
|---|---|---|
| -1.49 | $95.63M | |
| -1299.37 | $49.93M | |
| -1.28 | $67.30M | |
| 0 | $87.27M | |
| -31.19 | $178.84M | |
| -2.37 | $67.84M | |
| -1.40 | $30.56M | |
| -3.52 | $65.29M | |
| -0.64 | $29.98M | |
| 14.68 | $73.98M |
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