P/E ratio for Tabula Rasa HealthCare (TRHC)
P/E ratio as of October 2023 (TTM): -2.68
According to Tabula Rasa HealthCare 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.67792. At the end of 2021 the company had a P/E ratio of -4.41.
P/E ratio history for Tabula Rasa HealthCare from 2016 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -4.41 | -62% |
| 2020 | -11.6 | -62.32% |
| 2019 | -30.8 | 20.32% |
| 2018 | -25.6 | -174.86% |
| 2017 | 34.2 | -140.23% |
| 2016 | -85.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anaplan
PLAN | -46.2 | 1,624.52% | 🇺🇸 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.