Iridium Communications Overview
Iridium Communications (IRDM) has a P/E ratio of 53.8, above the Technology sector average of 34.62.
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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, IRDM shows a P/E ratio of 53.8. That is above the Technology sector average of 34.62. Scroll down for historical charts and peer comparison views.
The Technology sector average P/E ratio is about 34.62. Iridium Communications is at 53.8, which is higher that average. That is roughly 55.4% above the sector mean. Use the comparison chart on this page to see how IRDM stacks up against individual peers as well.
Investors watch IRDM's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Iridium Communications's latest reading is 53.8. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Iridium Communications'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 53.8) with ownership activity and broader fundamentals.
The Technology average P/E ratio is about 34.62, while IRDM is at 53.8. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.
