iCandy Interactive
ICI.AX
#10246
Rank
$13.71 M
Marketcap
$0.01071
Share price
0.00%
Change (1 day)
7.08%
Change (1 year)

P/E ratio for iCandy Interactive (ICI.AX)

P/E ratio at the end of 2022: -105

According to iCandy Interactive's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -31.5152. At the end of 2022 the company had a P/E ratio of -105.

P/E ratio history for iCandy Interactive from 2016 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-105427%
2021-19.9-70.91%
2020-68.31559.84%
2019-4.12-13.76%
2018-4.77-74.72%
2017-18.9-63.86%
2016-52.2

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.