P/E ratio for Healthcare Services Group (HCSG)
P/E ratio as of April 2024 (TTM): 26.6
According to Healthcare Services Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.5909. At the end of 2022 the company had a P/E ratio of 25.8.
P/E ratio history for Healthcare Services Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.8 | -9.93% |
| 2021 | 28.7 | 34.79% |
| 2020 | 21.3 | -24.72% |
| 2019 | 28.3 | -20.4% |
| 2018 | 35.5 | -19.13% |
| 2017 | 43.9 | 20.01% |
| 2016 | 36.6 | -13.91% |
| 2015 | 42.5 | -56% |
| 2014 | 96.7 | 135.08% |
| 2013 | 41.1 | 16.82% |
| 2012 | 35.2 | 15.4% |
| 2011 | 30.5 | -1.27% |
| 2010 | 30.9 | -0.67% |
| 2009 | 31.1 | 21.05% |
| 2008 | 25.7 | -15.08% |
| 2007 | 30.3 | -2.31% |
| 2006 | 31.0 | 6.19% |
| 2005 | 29.2 | 16.87% |
| 2004 | 25.0 | 23.95% |
| 2003 | 20.1 | 20.45% |
| 2002 | 16.7 | 5.5% |
| 2001 | 15.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cintas CTAS | 49.0 | 84.26% | 🇺🇸 USA |
 UniFirst UNF | 27.4 | 3.23% | 🇺🇸 USA |
 Aramark ARMK | 14.9 | -43.86% | 🇺🇸 USA |
 ABM Industries
ABM | 12.2 | -53.99% | 🇺🇸 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.