P/E ratio for HealthStream (HSTM)
P/E ratio as of April 2024 (TTM): 55.8
According to HealthStream's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 55.7907. At the end of 2022 the company had a P/E ratio of 63.7.
P/E ratio history for HealthStream from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 63.7 | -54.09% |
| 2021 | 139 | 179.51% |
| 2020 | 49.6 | -14.23% |
| 2019 | 57.9 | 139.64% |
| 2018 | 24.2 | -67.67% |
| 2017 | 74.7 | -64.21% |
| 2016 | 209 | 175.17% |
| 2015 | 75.9 | -2.21% |
| 2014 | 77.6 | -28.67% |
| 2013 | 109 | 29.75% |
| 2012 | 83.8 | 40.85% |
| 2011 | 59.5 | 40.65% |
| 2010 | 42.3 | 596.34% |
| 2009 | 6.08 | -66.09% |
| 2008 | 17.9 | -2.7% |
| 2007 | 18.4 | -48.7% |
| 2006 | 35.9 | 54.12% |
| 2005 | 23.3 | -152.16% |
| 2004 | -44.7 | 192.05% |
| 2003 | -15.3 | 518.27% |
| 2002 | -2.47 | 118.13% |
| 2001 | -1.13 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Computer Programs and Systems CPSI | 27.8 | -50.08% | 🇺🇸 USA |
 Community Health Systems
CYH | 1.52 | -97.28% | 🇺🇸 USA |
 Tenet Healthcare THC | 19.9 | -64.36% | 🇺🇸 USA |
 GP Strategies Corporation
GPX | 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.