Latest P/E ratio for Innovative International Acquisition: -68.57 — see history and peer comparisons.
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+ Follow-68.57
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, IOAC shows a P/E ratio of -68.57. That is below the sector sector average of 47.3. Scroll down for historical charts and peer comparison views.
The its sector sector average P/E ratio is about 47.3. Innovative International Acquisition is at -68.57, which is lower that average. That is roughly 245.0% below the sector mean. Use the comparison chart on this page to see how IOAC stacks up against individual peers as well.
Investors watch IOAC's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Innovative International Acquisition's latest reading is -68.57. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Innovative International Acquisition's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently -68.57) with ownership activity and broader fundamentals.