Investcorp Credit Management BDC (NAS:ICMB) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Investcorp Credit Management BDC Forward PE Ratio Related Terms
Investcorp Credit Management BDC Forward PE Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Investcorp Credit Management BDC Forward PE Ratio Chart
Investcorp Credit Management BDC Annual Data
Trend
2016-06
2017-06
2018-06
2025-12
Forward PE Ratio
6.34
10.00
8.09
13.50
Investcorp Credit Management BDC Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2024-12
2025-03
2025-06
2025-09
2025-12
Forward PE Ratio
9.45
6.04
6.34
8.42
9.03
9.95
10.00
9.26
8.23
7.89
8.09
8.35
6.34
6.22
7.35
6.78
13.85
13.50
ICMB vs EQS, BHV, RCG: Forward PE Ratio Comparison
For the Asset Management subindustry, Investcorp Credit Management BDC's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Investcorp Credit Management BDC Forward PE Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Investcorp Credit Management BDC's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Investcorp Credit Management BDC's Forward PE Ratio falls into.
Investcorp Credit Management BDC Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Investcorp Credit Management BDC (ICMB) has a Forward PE Ratio of 3.74 as of Jul. 07, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Investcorp Credit Management BDC and its competitors. According to the industry distribution chart, Investcorp Credit Management BDC ranks #20 out of 324 companies in the Asset Management industry, placing it in the top 6.2%.
Is Investcorp Credit Management BDC's Forward PE Ratio too high?
Investcorp Credit Management BDC's current Forward PE Ratio is 3.74. The Asset Management industry median Forward PE Ratio is 10.93. Investcorp Credit Management BDC's value of 3.74 is 65.8% below this industry median. Based on the distribution chart, Investcorp Credit Management BDC ranks #20 out of 324 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Investcorp Credit Management BDC has a GF Score™ of 37/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Investcorp Credit Management BDC's Forward PE Ratio compare to EQS and BHV?
According to the Asset Management industry distribution chart, Investcorp Credit Management BDC ranks #20 out of 324 companies for Forward PE Ratio. This places Investcorp Credit Management BDC in the top 6% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 10.93. Investcorp Credit Management BDC's value of 3.74 is 65.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Asset Management company?
The median Forward PE Ratio among Asset Management companies is 10.93, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Investcorp Credit Management BDC's current Forward PE Ratio of 3.74 is 65.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Investcorp Credit Management BDC and its competitors. For the Asset Management industry, the median Forward PE Ratio is 10.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Investcorp Credit Management BDC's current Forward PE Ratio is 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investcorp Credit Management BDC stock overvalued right now?
Based on GuruFocus' analysis, Investcorp Credit Management BDC (ICMB) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.92, compared to a current price of $0.95 — trading 67.5% below its estimated fair value. The current Forward PE Ratio is 3.74 and 65.8% below the Asset Management industry median of 10.93. Investcorp Credit Management BDC's overall GF Score™ is 37/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Investcorp Credit Management BDC (ICMB), the current Forward PE Ratio is 3.74 as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Investcorp Credit Management BDC (ICMB) Overvalued in 2026?
Based on GuruFocus' analysis, Investcorp Credit Management BDC stock appears to be undervalued.
The current stock price of $0.95 is trading 67.5% below its estimated GF Value™ of $2.92.
GuruFocus considers Investcorp Credit Management BDC to be Significantly Undervalued.
Key valuation signals for ICMB:
Forward PE Ratio: 3.74
GF Value™: $2.92 vs. price of $0.95 (67.5% below fair value)
Industry Position: 65.8% below the Asset Management median (#20 of 324)
No single metric tells the full story. See the ICMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Investcorp Credit Management BDC Business Description
Investcorp Credit Management BDC Inc is an externally managed, non-diversified closed-end management investment firm that has elected to be regulated as a business development company (BDC). The investment objective of the company is to maximize total return to stockholders in the form of current income and capital appreciation by investing in debt and related equity of privately held lower middle-market companies. The company principally invests in the debt of middle-market companies, which it defines as those companies that have an enterprise value.
37GF Score
Get the complete analysis for ICMB
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