Insteel Industries, Inc.
IIIN

$580.26 M
Marketcap
$29.83
Share price
Country
$0.34
Change (1 day)
$39.38
Year High
$26.74
Year Low

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, parking decks, buildings, and other concrete structures. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. The company sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors primarily in the United States, Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

marketcap

P/E ratio for Insteel Industries, Inc. (IIIN)

P/E ratio as of 2024: 31.20

According to Insteel Industries, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.20. At the end of 2023 the company had a P/E ratio of 19.53.

P/E ratio history for Insteel Industries, Inc. from 1985 to 2024

PE ratio at the end of each year

Year P/E ratio
2024 31.20
2023 19.53
2022 4.14
2021 11.33
2020 19.22
2019 71.19
2018 18.88
2017 22.01
2016 18.25
2015 13.66
2014 23.01
2013 24.47
2012 114.54
2011 -456.98
2010 329.75
2009 -9.16
2008 5.62
2007 11.53
2006 11.01
2005 11.40
2004 6.84
2003 0.94
2002 -0.22
2001 -0.28
2000 16.24
1999 7.63
1998 -476.00
1997 -196.43
1996 13.11
1995 4.81
1994 6.94
1993 6.15
1992 6.67
1991 10.36
1990 4.94
1989 3.98
1988 2.17
1987 5.57
1986 3.72
1985 3.24