According to The Joint Corp.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19.6207. At the end of 2024 the company had a P/E ratio of -18.6.
Year | P/E ratio | Change |
---|---|---|
2024 | -18.6 | 26.14% |
2023 | -14.8 | -111.66% |
2022 | 127 | -3.52% |
2021 | 131 | 365.28% |
2020 | 28.2 | -59.76% |
2019 | 70.2 | -71.37% |
2018 | 245 | |
2016 | -2.21 | -67.82% |
2015 | -6.86 | -56.91% |
2014 | -15.9 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() National Healthcare
NHC | 13.7 | -169.77% | ๐บ๐ธ USA |
![]() Tenet Healthcare THC | 10.3 | -152.34% | ๐บ๐ธ USA |
![]() HCA Healthcare HCA | 14.9 | -175.73% | ๐บ๐ธ USA |
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.