P/E ratio for Model N (MODN)
P/E ratio as of April 2024 (TTM): -26.0
According to Model N 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -26.0088. At the end of 2022 the company had a P/E ratio of -56.3.
P/E ratio history for Model N from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -56.3 | 61.33% |
| 2021 | -34.9 | -54% |
| 2020 | -75.9 | 14.73% |
| 2019 | -66.2 | 350.13% |
| 2018 | -14.7 | 20.4% |
| 2017 | -12.2 | 64.17% |
| 2016 | -7.44 | -41.36% |
| 2015 | -12.7 | 6.28% |
| 2014 | -11.9 | -77.73% |
| 2013 | -53.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Oracle ORCL | 33.2 | -227.80% | 🇺🇸 USA |
 Cerner CERN | 47.5 | -282.48% | 🇺🇸 USA |
 SS&C Technologies
SSNC | 24.7 | -195.03% | 🇺🇸 USA |
 Allscripts MDRX | 16.1 | -161.75% | 🇺🇸 USA |
 HealthStream HSTM | 60.3 | -331.76% | 🇺🇸 USA |
 Veeva Systems VEEV | 58.6 | -325.43% | 🇺🇸 USA |
 Castlight Health
CSLT | 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.