P/E ratio for Icahn Enterprises (IEP)
P/E ratio as of September 2023 (TTM): -7.65
According to Icahn Enterprises 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.64729. At the end of 2021 the company had a P/E ratio of -23.2.
P/E ratio history for Icahn Enterprises from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -23.2 | 243.45% |
| 2020 | -6.75 | -39.77% |
| 2019 | -11.2 | -319.41% |
| 2018 | 5.11 | 41.03% |
| 2017 | 3.62 | -149.58% |
| 2016 | -7.30 | 6.64% |
| 2015 | -6.85 | -78.49% |
| 2014 | -31.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Advance Auto Parts
AAP | 9.44 | -223.38% | 🇺🇸 USA |
 AutoZone AZO | 20.4 | -367.33% | 🇺🇸 USA |
 O'Reilly Automotive ORLY | 25.1 | -428.59% | 🇺🇸 USA |
 Monro MNRO | 24.9 | -426.26% | 🇺🇸 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.