Performant Financial
PFMT
#6862
Rank
$0.22 B
Marketcap
$2.91
Share price
2.46%
Change (1 day)
-7.91%
Change (1 year)

P/E ratio for Performant Financial (PFMT)

P/E ratio as of March 2024 (TTM): -21.9

According to Performant Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -21.8529. At the end of 2022 the company had a P/E ratio of -43.4.

P/E ratio history for Performant Financial from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-43.4224.21%
2021-13.4280.37%
2020-3.5272.55%
2019-2.04-85.49%
2018-14.1113.07%
2017-6.60-38.67%
2016-10.8-69.94%
2015-35.8-202.29%
201435.0158.25%
201313.6-37%
201221.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
29.7-235.81%๐Ÿ‡บ๐Ÿ‡ธ USA
80.8-469.70%๐Ÿ‡จ๐Ÿ‡ฆ Canada
14.8-167.53%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
9.75-144.62%๐Ÿ‡บ๐Ÿ‡ธ 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.