CorVel Corporation
CRVL
#2438
Rank
NZ$10.37 B
Marketcap
$201.88
Share price
-1.06%
Change (1 day)
-49.60%
Change (1 year)

P/E ratio for CorVel Corporation (CRVL)

P/E ratio as of December 2024 (TTM): 26.1

According to CorVel Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.1239. At the end of 2022 the company had a P/E ratio of 37.5.

P/E ratio history for CorVel Corporation from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202237.5-37.87%
202160.337.07%
202044.028.89%
201934.128.27%
201826.6-6.96%
201728.612.5%
201625.4-20.72%
201532.130.06%
201424.6-16.61%
201329.642.41%
201220.8-16.11%
201124.723.32%
201020.112.45%
200917.825.81%
200814.2-0.21%
200714.2-71.22%
200649.4121.03%
200522.3-14.55%
200426.112.78%
200323.2-3.38%
200224.0-13.31%
200127.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.1-45.92%๐Ÿ‡บ๐Ÿ‡ธ USA
270 933.54%๐Ÿ‡บ๐Ÿ‡ธ USA
1.07-95.89%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.