P/E ratio for Icade (ICAD.PA)
P/E ratio at the end of 2022: 56.7
According to Icade's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 56.7.
P/E ratio history for Icade from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 56.7 | 376.47% |
| 2021 | 11.9 | -79.61% |
| 2020 | 58.3 | 145.17% |
| 2019 | 23.8 | -23.38% |
| 2018 | 31.1 | -15.1% |
| 2017 | 36.6 | -57.38% |
| 2016 | 85.8 | -487.67% |
| 2015 | -22.1 | -168.43% |
| 2014 | 32.3 | 1.92% |
| 2013 | 31.7 | -52.77% |
| 2012 | 67.2 | 98.98% |
| 2011 | 33.8 | 958.06% |
| 2010 | 3.19 | -50.03% |
| 2009 | 6.39 | -30.01% |
| 2008 | 9.13 | -93.2% |
| 2007 | 134 | 268.39% |
| 2006 | 36.4 | 8.13% |
| 2005 | 33.7 | 147.47% |
| 2004 | 13.6 |
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.