ACP
Price:
$5.99
Market Cap:
$751.57M
Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc. The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.[Read more]
Industry
Asset Management - Income
IPO Date
2011-01-27
Stock Exchange
NYSE
Ticker
ACP
According to Abrdn Income Credit Strategies Fund’s latest financial reports and current stock price. The company's current PE Ratio is 6.51. This represents a change of -57.69% compared to the average of 15.39 of the last 4 quarters.
The mean historical PE Ratio of Abrdn Income Credit Strategies Fund over the last ten years is -2.62. The current 6.51 PE Ratio has changed -24920.53% with respect to the historical average. Over the past ten years (40 quarters), ACP's PE Ratio was at its highest in in the July 2019 quarter at 110.27. The PE Ratio was at its lowest in in the July 2021 quarter at -56.21.
Average
-2.62
Median
6.13
Minimum
-68.51
Maximum
48.48
Discovering the peaks and valleys of Abrdn Income Credit Strategies Fund 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 = 583.12%
Maximum Annual PE Ratio = 48.48
Minimum Annual Increase = -295.40%
Minimum Annual PE Ratio = -68.51
Year | PE Ratio | Change |
---|---|---|
2023 | 5.17 | -295.40% |
2022 | -2.65 | -135.29% |
2021 | 7.50 | -118.37% |
2020 | -40.84 | -40.40% |
2019 | -68.51 | -241.32% |
2018 | 48.48 | 583.12% |
2017 | 7.10 | -38.72% |
2016 | 11.58 | -213.45% |
2015 | -10.21 | -163.23% |
2014 | 16.15 | 92.85% |
The current PE Ratio of Abrdn Income Credit Strategies Fund (ACP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.34
5-year avg
-19.87
10-year avg
-2.62
Abrdn Income Credit Strategies Fund’s PE Ratio is less than Virtus Convertible & Income Fund (20.99), greater than Special Opportunities Fund, Inc. (4.86), less than RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (6.74), less than Clough Global Dividend and Income Fund (25.49), greater than RiverNorth Opportunities Fund, Inc. (5.84), less than High Income Securities Fund (17.20), greater than Cornerstone Total Return Fund, Inc. (6.47), greater than Clough Global Opportunities Fund (-14.00), less than Eagle Point Credit Company Inc. (0), less than Cornerstone Strategic Value Fund, Inc. (7.09), greater than Oxford Square Capital Corp. (5.98), greater than Guggenheim Strategic Opportunities Fund (-34.51), less than PennantPark Floating Rate Capital Ltd. (8.81), less than Stellus Capital Investment Corporation (7.42), less than Gladstone Capital Corporation (7.39), greater than Gladstone Investment Corporation (6.41), less than Prospect Capital Corporation (12.63), less than null (153.76),
Company | PE Ratio | Market cap |
---|---|---|
20.99 | $317.21M | |
4.86 | $155.81M | |
6.74 | $194.36M | |
25.49 | $67.85M | |
5.84 | $252.93M | |
17.20 | $120.53M | |
6.47 | $886.56M | |
-14.00 | $221.86M | |
0 | $751.51M | |
7.09 | $2.01B | |
5.98 | $169.73M | |
-34.51 | $2.09B | |
8.81 | $903.88M | |
7.42 | $369.34M | |
7.39 | $622.78M | |
6.41 | $481.36M | |
12.63 | $1.90B | |
153.76 | $0 |
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