Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) products in the United States, Hong Kong, Japan, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for embedded MRAM. The company provides its products for applications, including data center, industrial, medical, automotive/transportation, and aerospace markets. It serves original equipment manufacturers and original design manufacturers through a direct sales channel and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.
P/E ratio for Everspin Technologies, Inc. (MRAM)
P/E ratio as of 2023: 20.72
According to Everspin Technologies, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.72. At the end of 2022 the company had a P/E ratio of 18.26.
P/E ratio history for Everspin Technologies, Inc. from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 20.72 |
| 2022 | 18.26 |
| 2021 | 50.48 |
| 2020 | -10.15 |
| 2019 | -5.73 |
| 2018 | -5.17 |
| 2017 | -4.44 |
| 2016 | -2.35 |
| 2015 | -2.22 |
| 2014 | -3.97 |