Top Markets
Coin of the day
Silver Spike Investment Corp. Silver Spike Investment Corp.

Silver Spike Investment Corp.

SSIC
Rank in Stocks #22966
Silver Spike Investment Corp. (SSIC) functions as both a business development... Silver Spike Investment Corp. (SSIC) functions as both a business development company and a specialized financial entity. Its primary objective is to strategically deploy capital across the rapidly growing cannabis industry by providing direct loans and taking equity positions in privately held cannabis businesses. The firm actively partners with private equity groups, innovators, business owners, and executive teams, offering a spectrum of credit and equity financing options. These solutions are tailored to support various corporate endeavors, including leveraged buyouts, financial reorganizations, expansion initiatives, debt restructuring, and strategic acquisitions within the cannabis ecosystem. This encompasses businesses developing cannabis-enabling technologies, companies focusing on cannabis-related health and wellness products, and enterprises involved in the distribution of hemp and CBD products. Founded in 2021, SSIC is headquartered in New York, New York.
Share Price
$12.94
Last synced: 2024-10-29
Market Cap
$80.42M
Change (1 day)
-0.31%
Change (1 year)
0.00%
Country
US
Trade Silver Spike Investment Corp. (SSIC)

Category

P/E ratio for Silver Spike Investment Corp. (SSIC)
P/E ratio as of August 2026 TTM: 6.52
According to Silver Spike Investment Corp. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.52. At the end of 2023 the company had a P/E ratio of 7.15.
P/E ratio history for Silver Spike Investment Corp. from 2021 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 6.52 -50.23%
2024 13.10 83.37%
2023 7.15 -77.56%
2022 31.84 -348.43%
2021 -12.82 0.00%
P/E ratio for similar companies or competitors
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.