Ichor Systems
ICHR
#4819
Rank
$0.85 B
Marketcap
$29.79
Share price
0.03%
Change (1 day)
-37.82%
Change (1 year)

P/E ratio for Ichor Systems (ICHR)

P/E ratio as of December 2022 (TTM): 13.5

According to Ichor Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.5409. At the end of 2021 the company had a P/E ratio of 18.4.

P/E ratio history for Ichor Systems from 2016 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202118.4-12.66%
202021.1-69.59%
201969.3869.52%
20187.15-40.42%
201712.0-97.54%
2016488

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.3 79.36%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.53-126.06%๐Ÿ‡บ๐Ÿ‡ธ USA
13.5 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA
16.7 22.98%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.