P/E ratio for Cerner (CERN)

P/E ratio history for Cerner from 2001 to 2022

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Allscripts MDRX	22.5	-52.59%	🇺🇸 USA
Computer Programs and Systems CPSI	27.8	-41.32%	🇺🇸 USA
McKesson MCK	24.2	-48.92%	🇺🇸 USA
Omnicell OMCL	-63.5	-233.78%	🇺🇸 USA
3M MMM	-9.77	-120.59%	🇺🇸 USA
General Electric GE	21.4	-54.99%	🇺🇸 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.