P/E ratio for Streamline Health Solutions (STRM)
P/E ratio as of May 2024 (TTM): -1.46
According to Streamline Health Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.455. At the end of 2022 the company had a P/E ratio of -7.87.
P/E ratio history for Streamline Health Solutions from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.87 | 6.47% |
| 2021 | -7.40 | -66.81% |
| 2020 | -22.3 | -164.13% |
| 2019 | 34.8 | -692.49% |
| 2018 | -5.87 | -27.18% |
| 2017 | -8.05 | 125.52% |
| 2016 | -3.57 | 24.11% |
| 2015 | -2.88 | -61.46% |
| 2014 | -7.47 | 54.02% |
| 2013 | -4.85 | -116.29% |
| 2012 | 29.7 | -428.61% |
| 2011 | -9.05 | -122.08% |
| 2010 | 41.0 | -187.98% |
| 2009 | -46.6 | 41.21% |
| 2008 | -33.0 | 153.85% |
| 2007 | -13.0 | -159.49% |
| 2006 | 21.9 | -43% |
| 2005 | 38.3 | -113.74% |
| 2004 | -279 | -530.56% |
| 2003 | 64.8 | 82.54% |
| 2002 | 35.5 | -66.82% |
| 2001 | 107 |
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.