Intrepid Potash, Inc. (IPI) P/E Ratio History
UndervaluedTrading at 41.3x vs 5Y avg 62.7x · 80th percentile · Below historical baseline · Data 2008–2026
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P/E Ratio Analysis
As of July 8, 2026, Intrepid Potash, Inc. (IPI) trades at a price-to-earnings ratio of 41.3x, with a stock price of $35.07 and trailing twelve-month earnings per share of $1.05.
The current P/E is 34% below its 5-year average of 62.7x. Over the past five years, IPI's P/E has ranged from a low of 1.8x to a high of 606.1x, placing the current valuation at the 80th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 21.2x, IPI trades at a 95% premium to its sector peers. The sector includes 124 companies with P/E ratios ranging from 0.9x to 152.6x.
Relative to the broader market, IPI commands a significant premium over the S&P 500 median P/E of 25.9x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our IPI DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
IPI Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
IPI P/E vs Peers
Fertilizer and nutrient producers peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $7B | 12.4 | - | +209% | |
| $31B | 13.8 | 0.34 | +249% | |
| $18B | 12.8 | 0.29Best | +33% | |
| $4B | 27.0 | - | +505%Best | |
| $163B | 32.6 | 2.00 | -28% | |
| $8B | 11.7Lowest | 1.01 | +271% | |
| $38B | 35.1 | - | -39% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
IPI Historical P/E Data (2008–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $42.77 | $1.06 | 40.5x | -43% |
| FY2025 Q4 | Dec 31 2025 | $27.73 | $0.85 | 32.7x | -54% |
| FY2023 Q3 | Sep 30 2023 | $25.16 | $0.42 | 59.9x | -15% |
| FY2023 Q2 | Jun 30 2023 | $22.69 | $1.95 | 11.6x | -84% |
| FY2023 Q1 | Mar 31 2023 | $27.60 | $3.36 | 8.2x | -88% |
| FY2022 Q4 | Dec 31 2022 | $28.87 | $5.32 | 5.4x | -92% |
| FY2022 Q3 | Sep 30 2022 | $39.57 | $21.68 | 1.8x | -97% |
| FY2022 Q2 | - | $45.29 | $21.01 | 2.2x | -97% |
| FY2022 Q1 | - | $82.14 | $20.73 | 4.0x | -94% |
| FY2021 Q4 | Dec 31 2021 | $42.73 | $18.60 | 2.3x | -97% |
| FY2021 Q3 | - | $30.90 | $1.89 | 16.4x | -77% |
| FY2021 Q2 | Jun 30 2021 | $31.86 | $0.81 | 39.6x | -44% |
| FY2020 Q1 | - | $8.00 | $0.01 | 606.1x | +758% |
| FY2019 Q4 | - | $27.10 | $1.08 | 25.0x | -65% |
| FY2019 Q3 | Sep 30 2019 | $32.70 | $1.48 | 22.0x | -69% |
| FY2019 Q2 | Jun 30 2019 | $33.60 | $1.80 | 18.7x | -74% |
| FY2019 Q1 | Mar 31 2019 | $37.90 | $1.33 | 28.6x | -60% |
| FY2018 Q4 | Dec 31 2018 | $26.00 | $0.93 | 28.1x | -60% |
| FY2018 Q3 | Sep 30 2018 | $35.90 | $0.22 | 166.9x | +136% |
| FY2015 Q2 | - | $119.40 | $0.89 | 134.2x | +90% |
| FY2015 Q1 | - | $115.50 | $2.24 | 51.6x | -27% |
| FY2014 Q4 | Dec 31 2014 | $138.80 | $1.29 | 107.4x | +52% |
| FY2014 Q2 | Jun 30 2014 | $167.60 | $0.16 | 1028.9x | +1356% |
| FY2014 Q1 | Mar 31 2014 | $154.60 | $0.96 | 160.6x | +127% |
| FY2013 Q4 | - | $158.40 | $3.01 | 52.6x | -26% |
| FY2013 Q3 | Sep 30 2013 | $156.80 | $5.70 | 27.5x | -61% |
| FY2013 Q2 | Jun 30 2013 | $190.50 | $9.80 | 19.4x | -72% |
| FY2013 Q1 | Mar 31 2013 | $187.60 | $10.80 | 17.4x | -75% |
| FY2012 Q4 | Dec 31 2012 | $212.90 | $11.50 | 18.5x | -74% |
| FY2012 Q3 | Sep 30 2012 | $214.80 | $12.91 | 16.6x | -76% |
| FY2012 Q2 | Jun 30 2012 | $227.60 | $11.91 | 19.1x | -73% |
| FY2012 Q1 | Mar 31 2012 | $243.30 | $13.51 | 18.0x | -75% |
| FY2011 Q4 | Dec 31 2011 | $226.30 | $14.61 | 15.5x | -78% |
| FY2011 Q3 | Sep 30 2011 | $248.70 | $13.72 | 18.1x | -74% |
| FY2011 Q2 | - | $325.00 | $11.92 | 27.3x | -61% |
| FY2011 Q1 | - | $348.20 | $8.32 | 41.9x | -41% |
| FY2010 Q4 | Dec 31 2010 | $372.90 | $6.12 | 60.9x | -14% |
| FY2010 Q3 | - | $260.70 | $4.59 | 56.8x | -20% |
| FY2010 Q2 | Jun 30 2010 | $195.70 | $4.29 | 45.6x | -35% |
| FY2010 Q1 | Mar 31 2010 | $303.30 | $5.69 | 53.3x | -25% |
| FY2009 Q4 | - | $291.70 | $7.39 | 39.5x | -44% |
| FY2009 Q3 | Sep 30 2009 | $235.90 | $9.53 | 24.8x | -65% |
| FY2009 Q2 | - | $280.80 | $14.83 | 18.9x | -73% |
| FY2009 Q1 | - | $184.50 | $16.33 | 11.3x | -84% |
| FY2008 Q4 | Dec 31 2008 | $207.70 | $12.96 | 16.0x | -77% |
| FY2008 Q3 | - | $301.40 | $10.81 | 27.9x | -61% |
Average P/E for displayed period: 70.6x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
18+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
IPI — Frequently Asked Questions
Quick answers to the most common questions about buying IPI stock.
What is IPI's P/E ratio?
Intrepid Potash, Inc. (IPI) trailing twelve-month P/E ratio is 41.3x, based on TTM diluted EPS of $1.05. The 5-year average P/E is 62.7x and the historical range spans 1.8x to 606.1x.
Is IPI stock overvalued or undervalued?
IPI trades at 41.3x P/E, below its 5-year average of 62.7x. At the 80th percentile of its historical range (1.8x–606.1x), the stock is priced at a discount to its own history.
Is IPI stock expensive?
No, IPI is not expensive on a historical basis. The current P/E of 41.3x is below the 5-year average of 62.7x and sits at the 80th percentile of its valuation range.
What is IPI's historical P/E range?
Over the past 5 years, IPI's P/E ratio has ranged from 1.8x to 606.1x, with a median of 25.0x and an average of 62.7x. The current P/E of 41.3x places the stock at the 80th percentile of this range. Full historical data spans 2008–2026.
How does IPI's P/E compare to the S&P 500?
IPI trades at 41.3x P/E versus the S&P 500 median of 25.9x. The 59% premium to the market typically reflects higher expected earnings growth or quality.
How does IPI's valuation compare to Basic Materials peers?
Intrepid Potash, Inc. P/E of 41.3x compares to the Basic Materials sector median of 21.2x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is IPI's PEG ratio?
IPI PEG ratio is N/A, based on a P/E of 41.3x and EPS growth of 105.1%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is IPI's earnings yield?
IPI earnings yield is 2.42%, the inverse of its 41.3x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.