iCandy Interactive
ICI.AX
#9827
Rank
NZ$28.24 M
Marketcap
$0.02206
Share price
-4.76%
Change (1 day)
-31.52%
Change (1 year)

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

P/E ratio at the end of 2021: -18.8

According to iCandy Interactive's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.76739. At the end of 2021 the company had a P/E ratio of -18.8.

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

PE ratio at the end of each year

Year P/E ratio Change
2021-18.8-69.7%
2020-61.91493.44%
2019-3.89-13.76%
2018-4.51-74.73%
2017-17.8-63.83%
2016-49.3

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.