Community Health Systems
CYH
#6684
Rank
S$0.68 B
Marketcap
$4.91
Share price
-2.67%
Change (1 day)
24.96%
Change (1 year)

P/E ratio for Community Health Systems (CYH)

P/E ratio as of November 2024 (TTM): 1.98

According to Community Health Systems 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.98492. At the end of 2022 the company had a P/E ratio of 12.0.

P/E ratio history for Community Health Systems from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.062.28%
20217.39336.9%
20201.69-446.08%
2019-0.489021.05%
2018-0.4040108.36%
2017-0.1939-46.2%
2016-0.3604-102.25%
201516.0-73.42%
201460.2183.89%
201321.2149.65%
20128.5031.97%
20116.44-36.63%
201010.2-7.8%
200911.0113.99%
20085.15-94.76%
200798.3476.28%
200617.11.71%
200516.814.96%
200414.6-11.04%
200316.4-0.77%
200216.5-60.02%
200141.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.5 1,487.51%๐Ÿ‡บ๐Ÿ‡ธ USA
20.6 936.82%๐Ÿ‡บ๐Ÿ‡ธ USA
15.7 690.67%๐Ÿ‡บ๐Ÿ‡ธ USA
24.7 1,145.49%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.