Icahn Enterprises
IEP
#2070
Rank
$7.29 B
Marketcap
$17.01
Share price
0.06%
Change (1 day)
-66.90%
Change (1 year)

P/E ratio for Icahn Enterprises (IEP)

P/E ratio as of March 2024 (TTM): -6.59

According to Icahn Enterprises 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.59302. At the end of 2022 the company had a P/E ratio of -115.

P/E ratio history for Icahn Enterprises from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-115396.76%
2021-23.2243.45%
2020-6.75-39.77%
2019-11.2-317.25%
20185.1642.43%
20173.62-149.8%
2016-7.276.17%
2015-6.85-78.49%
2014-31.8-363.1%
201312.1-0.64%
201212.2189.44%
20114.21-73.01%
201015.618.86%
200913.1-139.62%
2008-33.1-140.53%
200781.7684.16%
200610.4-96.49%
20052972906.87%
20049.87-39.09%
200316.2125.5%
20027.196.54%
20016.75

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.6-322.13%๐Ÿ‡บ๐Ÿ‡ธ USA
21.9-432.54%๐Ÿ‡บ๐Ÿ‡ธ USA
29.7-551.18%๐Ÿ‡บ๐Ÿ‡ธ USA
28.6-533.70%๐Ÿ‡บ๐Ÿ‡ธ USA

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.