P/E ratio for CorVel Corporation (CRVL)
P/E ratio as of June 2023 (TTM): 52.0
According to CorVel Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 52.0142. At the end of 2021 the company had a P/E ratio of 60.3.
P/E ratio history for CorVel Corporation from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 60.3 | 37.07% |
| 2020 | 44.0 | |
| 2018 | 26.6 | -6.96% |
| 2017 | 28.6 | 12.5% |
| 2016 | 25.4 | -20.72% |
| 2015 | 32.1 | 30.06% |
| 2014 | 24.6 | -16.61% |
| 2013 | 29.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Premier PINC | 16.9 | -67.57% | 🇺🇸 USA |
 InfuSystem INFU | N/A | N/A | 🇺🇸 USA |
 Ebix EBIX | 9.32 | -82.09% | 🇺🇸 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.