P/E ratio for Computer Programs and Systems (CPSI)
P/E ratio as of September 2023 (TTM): 46.8
According to Computer Programs and Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.8485. At the end of 2021 the company had a P/E ratio of 23.1.
P/E ratio history for Computer Programs and Systems from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cerner CERN | 47.5 | 1.31% | 🇺🇸 USA |
 McKesson MCK | 16.4 | -64.98% | 🇺🇸 USA |
 Allscripts MDRX | 25.4 | -45.78% | 🇺🇸 USA |
 CACI CACI | 18.6 | -60.27% | 🇺🇸 USA |
 HealthStream HSTM | 50.6 | 8.00% | 🇺🇸 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.