Cross Country Healthcare
CCRN
#4723
Rank
$0.84 B
Marketcap
$21.98
Share price
-0.99%
Change (1 day)
17.35%
Change (1 year)

P/E ratio for Cross Country Healthcare (CCRN)

P/E ratio as of August 2022 (TTM): 4.66

According to Cross Country Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.65678. At the end of 2021 the company had a P/E ratio of 7.73.

P/E ratio history for Cross Country Healthcare from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20217.73-131.38%
2020-24.6241.38%
2019-7.22-53.72%
2018-15.6-228.33%
201712.2-79.76%
201660.0-48.72%
2015117-1056.83%
2014-12.236.08%
2013-8.99156.62%
2012-3.50

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.