Immersion Corporation, together with its subsidiaries, invents, scales, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects in content. In addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. The company offers its products to mobile communications, wearables, and consumer electronics; gaming and virtual reality (VR); automotive; and other markets. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida.
P/E ratio for Immersion Corporation (IMMR)
P/E ratio as of 2023: 6.69
According to Immersion Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.69. At the end of 2022 the company had a P/E ratio of 7.63.
P/E ratio history for Immersion Corporation from 1998 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 6.69 |
| 2022 | 7.63 |
| 2021 | 14.39 |
| 2020 | 58.77 |
| 2019 | -11.69 |
| 2018 | 5.02 |
| 2017 | -4.55 |
| 2016 | -7.76 |
| 2015 | 114.63 |
| 2014 | 64.88 |
| 2013 | 7.29 |
| 2012 | -33.61 |
| 2011 | -92.25 |
| 2010 | -31.83 |
| 2009 | -4.53 |
| 2008 | -3.65 |
| 2007 | 3.06 |
| 2006 | -17.08 |
| 2005 | -12.12 |
| 2004 | -7.98 |
| 2003 | -7.13 |
| 2002 | -1.41 |
| 2001 | -5.80 |
| 2000 | -6.01 |
| 1999 | -68.49 |
| 1998 | -42.84 |