ICC Holdings
ICCH
#9208
Rank
โ‚ฌ66.68 M
Marketcap
22,51ย โ‚ฌ
Share price
0.60%
Change (1 day)
62.62%
Change (1 year)

P/E ratio for ICC Holdings (ICCH)

P/E ratio as of December 2024 (TTM): 13.4

According to ICC Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3851. At the end of 2023 the company had a P/E ratio of 10.1.

P/E ratio history for ICC Holdings from 2017 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202310.1-107.03%
2022-143-1288.2%
202112.1-1.41%
202012.224.51%
20199.82-79.86%
201848.8

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.