P/E ratio for Computer Programs and Systems (CPSI)
P/E ratio as of April 2024 (TTM): 27.8
According to Computer Programs and Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.8485. At the end of 2022 the company had a P/E ratio of 25.2.
P/E ratio history for Computer Programs and Systems from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.2 | 9.24% |
| 2021 | 23.1 | -15.76% |
| 2020 | 27.4 | 48.35% |
| 2019 | 18.5 | -7.32% |
| 2018 | 19.9 | -184.19% |
| 2017 | -23.7 | -135.09% |
| 2016 | 67.4 | 119.57% |
| 2015 | 30.7 | 48.12% |
| 2014 | 20.7 | -0.71% |
| 2013 | 20.9 | 12.83% |
| 2012 | 18.5 | -15.27% |
| 2011 | 21.8 | -19.79% |
| 2010 | 27.2 | -17.8% |
| 2009 | 33.1 | 76.77% |
| 2008 | 18.7 | -0.28% |
| 2007 | 18.8 | -17.06% |
| 2006 | 22.7 | -24.52% |
| 2005 | 30.0 | -13.11% |
| 2004 | 34.6 | 28.8% |
| 2003 | 26.8 | 13.76% |
| 2002 | 23.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cerner CERN | 47.5 | 70.42% | 🇺🇸 USA |
 McKesson MCK | 21.0 | -24.54% | 🇺🇸 USA |
 Allscripts MDRX | 16.1 | -42.33% | 🇺🇸 USA |
 CACI CACI | 22.8 | -17.98% | 🇺🇸 USA |
 HealthStream HSTM | 60.3 | 116.45% | 🇺🇸 USA |
 Castlight Health
CSLT | 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.