Ideanomics, Inc. focuses on driving the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. Its Ideanomics Mobility division facilitates the adoption of electric vehicles by commercial fleet operators. This division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. The company's Ideanomics Capital division provides fintech services, which focuses on the enhancement of efficiency, transparency, and profitability for the financial services industry. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York.
P/S ratio for Ideanomics, Inc. (IDEX)
P/S ratio as of 2023: 1.28
According to Ideanomics, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.28. At the end of 2022 the company had a P/S ratio of 0.81.
P/S ratio history for Ideanomics, Inc. from 1996 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 1.28 |
| 2022 | 0.81 |
| 2021 | 4.71 |
| 2020 | 15.88 |
| 2019 | 2.31 |
| 2018 | 0.25 |
| 2017 | 1.95 |
| 2016 | 9.75 |
| 2015 | 9.83 |
| 2014 | 20.57 |
| 2013 | 111.47 |
| 2012 | 2.34 |
| 2011 | 697.71 |
| 2010 | 215.54 |
| 2009 | 80.39 |
| 2008 | 19.78 |
| 2007 | 8707.55 |
| 2006 | 0.00 |
| 2005 | 7390593.30 |
| 2004 | 0.00 |
| 1996 | 186630366.00 |