P/E ratio for iCAD (ICAD)
P/E ratio as of May 2024 (TTM): -3.61
According to iCAD's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.61224. At the end of 2022 the company had a P/E ratio of -3.45.
P/E ratio history for iCAD from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.45 | -77.94% |
| 2021 | -15.7 | 0.79% |
| 2020 | -15.5 | 47.9% |
| 2019 | -10.5 | 53.24% |
| 2018 | -6.85 | 73.29% |
| 2017 | -3.95 | -23.12% |
| 2016 | -5.14 | 105.91% |
| 2015 | -2.50 | -97.82% |
| 2014 | -115 | 588.14% |
| 2013 | -16.7 | 195.59% |
| 2012 | -5.64 | 572.28% |
| 2011 | -0.8382 | -90.93% |
| 2010 | -9.25 | -75.67% |
| 2009 | -38.0 | -436.28% |
| 2008 | 11.3 | -122.38% |
| 2007 | -50.5 | 208.14% |
| 2006 | -16.4 | 82.1% |
| 2005 | -9.00 | -93.96% |
| 2004 | -149 | 774.81% |
| 2003 | -17.0 | 259.65% |
| 2002 | -4.74 | -34.68% |
| 2001 | -7.25 |
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.