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 2.3 while the average stock in the industry goes for
16.921667.
By book value, the stock has been trading at 0.67 times P/B.
The stock last changed hands for $17.17. In the past year, it has traded in
a range between $12.5 - $19.15
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