PIC-A.TO
Price:
$8.7
Market Cap:
$138.10M
Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc. It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank. It seeks to invest in stocks of dividend paying companies. The fund benchmarks the performance of its portfolio against the S&P/TSX Diversified Banks Total Return Index. Premium Income Corporation was formed on August 27, 1996 and is domiciled in Ca...[Read more]
Industry
Asset Management - Income
IPO Date
1998-06-03
Stock Exchange
TSX
Ticker
PIC-A.TO
According to Premium Income Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 2.50. This represents a change of -1092.20% compared to the average of -0.25 of the last 4 quarters.
The mean historical PE Ratio of Premium Income Corporation over the last ten years is -1.55. The current 2.50 PE Ratio has changed -16228.16% with respect to the historical average. Over the past ten years (40 quarters), PIC-A.TO's PE Ratio was at its highest in in the October 2019 quarter at 650.14. The PE Ratio was at its lowest in in the April 2011 quarter at -106.85.
Average
-1.55
Median
-0.23
Minimum
-13.45
Maximum
5.36
Discovering the peaks and valleys of Premium Income Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual PE Ratio = 5.36
Minimum Annual Increase = -559.53%
Minimum Annual PE Ratio = -13.45
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 0.96 | -152.82% |
| 2023 | -1.83 | -68.03% |
| 2022 | -5.71 | -559.53% |
| 2021 | 1.24 | -187.25% |
| 2020 | -1.43 | -126.58% |
| 2019 | 5.36 | -139.87% |
| 2018 | -13.45 | -553.97% |
| 2017 | 2.96 | -34.79% |
| 2016 | 4.54 | -155.66% |
| 2015 | -8.16 | -321.36% |
The current PE Ratio of Premium Income Corporation (PIC-A.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-2.19
5-year avg
-1.35
10-year avg
-1.55
Premium Income Corporation’s PE Ratio is less than Dividend 15 Split Corp. (10.55), greater than Canadian Life Companies Split Corp. (1.93), less than Real Estate Split Corp. (9.12), greater than DMG Blockchain Solutions Inc. (-4.01), greater than Base Carbon Inc. (-4.97), less than Pinetree Capital Ltd. (3.66), less than Goldmoney Inc. (9.77), less than Stack Capital Group Inc. (3.90), less than Global Dividend Growth Split Corp. (4.24), greater than Sol Strategies Inc. (-18.00),
| Company | PE Ratio | Market cap |
|---|---|---|
| 10.55 | $958.65M | |
| 1.93 | $105.67M | |
| 9.12 | $105.62M | |
| -4.01 | $60.97M | |
| -4.97 | $106.43M | |
| 3.66 | $113.96M | |
| 9.77 | $141.72M | |
| 3.90 | $164.93M | |
| 4.24 | $192.49M | |
| -18.00 | $84.46M |
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