P/E ratio for Omnicell (OMCL)
P/E ratio as of June 2023 (TTM): -193
According to Omnicell 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -193.474. At the end of 2021 the company had a P/E ratio of 101.
P/E ratio history for Omnicell from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 101 | -35.33% |
| 2020 | 156 | 182.29% |
| 2019 | 55.2 | -13.44% |
| 2018 | 63.8 | -28.97% |
| 2017 | 89.8 | -96.21% |
| 2016 | > 1000 | 6461.95% |
| 2015 | 36.1 | -6.16% |
| 2014 | 38.5 | 2.58% |
| 2013 | 37.5 | 23.72% |
| 2012 | 30.3 | -41.22% |
| 2011 | 51.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cerner CERN | 47.5 | -124.53% | 🇺🇸 USA |
 AmerisourceBergen
ABC | 22.4 | -111.59% | 🇺🇸 USA |
 Cardinal Health CAH | 48.2 | -124.92% | 🇺🇸 USA |
 McKesson MCK | 17.7 | -109.14% | 🇺🇸 USA |
 Steris STE | -736 | 280.65% | 🇮🇪 Ireland |
 Premier PINC | 16.8 | -108.70% | 🇺🇸 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.