P/E ratio for Apollo Medical Holdings (AMEH)
P/E ratio as of June 2023 (TTM): 31.2
According to Apollo Medical Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.2407. At the end of 2021 the company had a P/E ratio of 43.7.
P/E ratio history for Apollo Medical Holdings from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 43.7 | 151.37% |
| 2020 | 17.4 | -61.81% |
| 2019 | 45.6 | |
| 2014 | -11.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 National Healthcare
NHC | 51.0 | 63.12% | 🇺🇸 USA |
 Acadia Healthcare
ACHC | 22.5 | -28.01% | 🇺🇸 USA |
 Capital Senior Living
CSU | N/A | N/A | 🇺🇸 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.