P/E ratio for ICON plc (ICLR)
P/E ratio as of April 2024 (TTM): 46.5
According to ICON plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.5423. At the end of 2022 the company had a P/E ratio of 31.4.
P/E ratio history for ICON plc from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.4 | -69.5% |
| 2021 | 103 | 227.17% |
| 2020 | 31.4 | 25.08% |
| 2019 | 25.1 | 15.98% |
| 2018 | 21.7 | 0.33% |
| 2017 | 21.6 | 36.2% |
| 2016 | 15.9 | -16.49% |
| 2015 | 19.0 | 4.32% |
| 2014 | 18.2 | -23.86% |
| 2013 | 23.9 | -20.74% |
| 2012 | 30.2 | -31.22% |
| 2011 | 43.9 | 192.48% |
| 2010 | 15.0 | 16.66% |
| 2009 | 12.9 | 6.44% |
| 2008 | 12.1 | -24.23% |
| 2007 | 15.9 | -0.2% |
| 2006 | 16.0 | 9.97% |
| 2005 | 14.5 | 67.91% |
| 2004 | 8.65 | -12.53% |
| 2003 | 9.89 | 22.51% |
| 2002 | 8.07 | -25.58% |
| 2001 | 10.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 SCYNEXIS SCYX | 1.49 | -96.79% | 🇺🇸 USA |
 Charles River Laboratories
CRL | 24.0 | -48.48% | 🇺🇸 USA |
 Catalent CTLT | -43.3 | -192.94% | 🇺🇸 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.