P/E ratio for The Pennant Group (PNTG)
P/E ratio as of June 2024 (TTM): 54.2
According to The Pennant Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 54.1628. At the end of 2022 the company had a P/E ratio of 47.7.
P/E ratio history for The Pennant Group from 2019 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 47.7 | -83.45% |
| 2021 | 289 | 183.23% |
| 2020 | 102 | -71.61% |
| 2019 | 359 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Option Care Health OPCH | 20.8 | -61.65% | 🇺🇸 USA |
 LHC Group LHCG | 82.4 | 52.19% | 🇺🇸 USA |
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.