By one measure, price-to-earnings ratio, Independence Holding Company Co -
$IHC is the cheapest stock in the Life Insurance industry.
IHC has a P/E of 2.2 while the average stock in the industry goes for
15.538775.
By book value, the stock has been trading at 0.65 times P/B.
The stock last changed hands for $16.45. In the past year, it has traded in
a range between $11.76 - $19.15
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