P/E ratio for Allscripts (MDRX)
P/E ratio as of April 2024 (TTM): 16.1
According to Allscripts's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.06. At the end of 2021 the company had a P/E ratio of 17.1.
P/E ratio history for Allscripts from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 17.1 | 419.73% |
| 2020 | 3.29 | -136.48% |
| 2019 | -9.01 | -297.19% |
| 2018 | 4.57 | -134.23% |
| 2017 | -13.3 | -81.7% |
| 2016 | -72.9 | -95.26% |
| 2015 | < -1000 | 4356.23% |
| 2014 | -34.5 | 31.71% |
| 2013 | -26.2 | -94.44% |
| 2012 | -471 | -1094.72% |
| 2011 | 47.4 | |
| 2009 | 51.9 | -68.63% |
| 2008 | 165 | 215% |
| 2007 | 52.5 | -57.22% |
| 2006 | 123 | 110.57% |
| 2005 | 58.3 | -50.86% |
| 2004 | 119 | -367.42% |
| 2003 | -44.3 | 641.98% |
| 2002 | -5.98 | 1934.08% |
| 2001 | -0.2937 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cerner CERN | 47.5 | 195.52% | 🇺🇸 USA |
 General Electric GE | 18.6 | 15.93% | 🇺🇸 USA |
 Xerox XRX | 13.4 | -16.32% | 🇺🇸 USA |
 McKesson MCK | 21.0 | 30.84% | 🇺🇸 USA |
 Omnicell
OMCL | -35.6 | -321.81% | 🇺🇸 USA |
 Nuance Communications
NUAN | N/A | N/A | 🇺🇸 USA |
 Computer Programs and Systems CPSI | 27.8 | 73.40% | 🇺🇸 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.