P/E ratio for Community Health Systems (CYH)
P/E ratio as of April 2024 (TTM): 1.66
According to Community Health Systems 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.65574. At the end of 2022 the company had a P/E ratio of 12.0.
P/E ratio history for Community Health Systems from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.0 | 62.28% |
| 2021 | 7.39 | 336.9% |
| 2020 | 1.69 | -446.08% |
| 2019 | -0.4890 | 21.05% |
| 2018 | -0.4040 | 108.36% |
| 2017 | -0.1939 | -46.2% |
| 2016 | -0.3604 | -102.25% |
| 2015 | 16.0 | -73.42% |
| 2014 | 60.2 | 183.89% |
| 2013 | 21.2 | 149.65% |
| 2012 | 8.50 | 31.97% |
| 2011 | 6.44 | -36.63% |
| 2010 | 10.2 | -7.8% |
| 2009 | 11.0 | 113.99% |
| 2008 | 5.15 | -94.76% |
| 2007 | 98.3 | 476.28% |
| 2006 | 17.1 | 1.71% |
| 2005 | 16.8 | 14.96% |
| 2004 | 14.6 | -11.04% |
| 2003 | 16.4 | -0.77% |
| 2002 | 16.5 | -60.02% |
| 2001 | 41.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 HCA Healthcare HCA | 15.4 | 828.45% | 🇺🇸 USA |
 Universal Health Services
UHS | 17.2 | 941.55% | 🇺🇸 USA |
 Tenet Healthcare THC | 21.5 | 1,195.74% | 🇺🇸 USA |
 Select Medical Holdings SEM | 17.3 | 946.36% | 🇺🇸 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.