Industrial Tech Acquisitions II, Inc.

Industrial Tech Acquisitions II, Inc.verified

ITAQ

Price:

$10.95

Market Cap:

$61.99M

Industrial Tech Acquisitions II, Inc. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on targets operating in the technology-focused areas, including software, mobile and IoT applications, digital and energy transformation, cloud, and cyber communications, as well as high bandwidth services, including LTE, remote sensing, and 5G communications. The company was incorporated in 2021 and is based in Houston, Texas.[Read more]

Industry

Shell Companies

IPO Date

2022-03-04

Stock Exchange

NASDAQ

Ticker

ITAQ

The PE Ratio as of September 2024 (TTM) for Industrial Tech Acquisitions II, Inc. (ITAQ) is 73.00

According to Industrial Tech Acquisitions II, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 73.00. This represents a change of -170.82% compared to the average of -103.08 of the last 4 quarters.

Industrial Tech Acquisitions II, Inc. (ITAQ) Historical PE Ratio (quarterly & annually)

How has ITAQ PE Ratio performed in the past?

The mean historical PE Ratio of Industrial Tech Acquisitions II, Inc. over the last ten years is -28316.56. The current 73.00 PE Ratio has changed -125.78% with respect to the historical average. Over the past ten years (40 quarters), ITAQ's PE Ratio was at its highest in in the June 2021 quarter at 17.70M. The PE Ratio was at its lowest in in the March 2021 quarter at -30978.80.

Quarterly (TTM)
Annual

Average

-28316.56

Median

-28316.56

Minimum

-56667.72

Maximum

34.61

Industrial Tech Acquisitions II, Inc. (ITAQ) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Industrial Tech Acquisitions II, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual PE Ratio = 34.61

Minimum Annual Increase = -100.06%

Minimum Annual PE Ratio = -56667.72

Quarterly (TTM)
Annual
YearPE RatioChange
202234.61-100.06%

Industrial Tech Acquisitions II, Inc. (ITAQ) Average PE Ratio

How has ITAQ PE Ratio performed in the past?

The current PE Ratio of Industrial Tech Acquisitions II, Inc. (ITAQ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-28316.56

5-year avg

-28316.56

10-year avg

-28316.56

Industrial Tech Acquisitions II, Inc. (ITAQ) PE Ratio vs. Peers

How is ITAQ’s PE Ratio compared to its peers?

Industrial Tech Acquisitions II, Inc.’s PE Ratio is greater than Magnum Opus Acquisition Limited (28.30), greater than Conyers Park III Acquisition Corp. (59.72), greater than Energem Corp. (0.03), greater than Digital Transformation Opportunities Corp. (-2.90), greater than Genesis Unicorn Capital Corp. (-158.24), greater than LAMF Global Ventures Corp. I (-152.81),

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