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.
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 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Premier PINC | 16.9 | -67.57% | ๐บ๐ธ USA |
![]() InfuSystem INFU | N/A | N/A | ๐บ๐ธ USA |
![]() Ebix EBIX | 9.32 | -82.09% | ๐บ๐ธ USA |
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.