iCandy Interactive
ICI.AX
#7924
Rank
$25.39 M
Marketcap
$0.02000
Share price
0.00%
Change (1 day)
-33.33%
Change (1 year)

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

P/E ratio at the end of 2021: -19.3

According to iCandy Interactive's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.37888. At the end of 2021 the company had a P/E ratio of -19.3.

P/E ratio history for iCandy Interactive from 2016 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021-19.3-69.7%
2020-63.81493.44%
2019-4.00-13.76%
2018-4.64-74.73%
2017-18.4-63.83%
2016-50.8

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.