The PE ratio for Icon stock stands at 37.31 as of Jul 26, 2024. The calculation is based on the latest EPS of $8.67 and the stock price of $323.46 per share. A decrease of 3% has been observed in the PE ratio compared to its average of 38.5 of the last four quarters.
Over the last ten years, the average PE ratio of Icon has been 32.28. The current 37.31 P/E ratio is 16% higher than the historical average. Looking back at the last ten years, ICLR's PE ratio peaked in the Dec 2021 quarter at 135.83, with a price of $309.7 and an EPS of $2.28. The Dec 2016 quarter marked the lowest point at 15.83, with a price of $75.2 and an EPS of $4.75.
Maximum annual increase: 331.89% in 2021
Maximum annual decrease: -76.93% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 37.95 | 21.13% |
| 2022 | 31.33 | -76.93% |
| 2021 | 135.83 | 331.89% |
| 2020 | 31.45 | 25.1% |
| 2019 | 25.14 | 15.96% |
| 2018 | 21.68 | 0.51% |
| 2017 | 21.57 | 36.26% |
| 2016 | 15.83 | -16.86% |
| 2015 | 19.04 | 4.56% |
| 2014 | 18.21 | -23.87% |
The current PE ratio of ICLR is higher than its 10-year average, but it is lower than its 3 and 5-year averages.
ICLR's PE ratio stands higher than its peer stocks CRL and SCYX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SCYX Scynexis Inc | 1 | $79.72M |
| CRL Charles River Laboratories International Inc | 27.31 | $12.03B |
| ICLR Icon Plc | 37.31 | $26.79B |
| RDUS Radius Recycling Inc | N/A | $513.4M |
| CTLT Catalent Inc | N/A | $10.62B |
ICLR's price to earnings ratio is 37.31 as of Jul 26, 2024.
Over the last 3 years, the average price to earnings ratio for ICLR stock is 55.47.
Over the last 5 years, the average price to earnings ratio for ICLR stock is 44.21.
Over the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 135.83.
ICLR's current price to earnings ratio is 16% above its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 26, 2024), Icon's share price is $323.46. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $8.67. Therefore, Icon's PE ratio for today is 37.31. PE RATIO(37.31) = STOCK PRICE($323.46) / TTM EPS($8.67)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.