(PI) Impinj - Ratings and Ratios

Impinj, Inc. (NASDAQ:PI) is a leading provider of RAIN RFID solutions, operating a cloud-based connectivity platform that wirelessly links items and delivers actionable data to various applications. The companys platform is built around endpoint ICs—miniature radios-on-a-chip that attach to items to enable identification and communication. These ICs are complemented by reader ICs, readers, and gateways that provide power and enable bidirectional communication, allowing for reading, writing, authentication, and engagement with connected items.

The platform also includes software and algorithms designed to help partners address enterprise-level challenges, such as retail self-checkout systems, loss prevention, and supply chain optimization. Impinj serves a broad range of industries, including retail, supply chain and logistics, automotive, aviation, banking, data centers, healthcare, and industrial manufacturing. The company works with a diverse partner ecosystem, including original equipment manufacturers, tag service bureaus, systems integrators, and independent software vendors.

Founded in 2000 and headquartered in Seattle, Washington, Impinj has established itself as a key player in the RFID industry. The companys solutions are increasingly critical in a world where businesses demand greater visibility, efficiency, and automation in their operations. With a market capitalization of $3.048 billion, Impinj operates with a trailing P/E of 77.53 and a forward P/E of 44.25, reflecting investor expectations for future growth. The companys price-to-book ratio of 20.34 and price-to-sales ratio of 8.83 indicate a premium valuation, likely driven by its strong position in a growing market.