CareCloud's Forward PE Ratio for today is 1.63.
CareCloud's PE Ratio without NRI for today is 3.80.
CareCloud's PE Ratio for today is 0.00.
CareCloud Forward PE Ratio Historical Data
The historical data trend for CareCloud's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
| CareCloud Annual Data | ||||||||
| Trend | 2021-08 | 2022-12 | 2023-12 | 2024-04 | ||||
| Forward PE Ratio | 78.13 | 7.54 | 3.43 | 1.70 | ||||
| CareCloud Quarterly Data | |||||||||||
| 2021-03 | 2021-06 | 2022-03 | 2022-06 | 2022-09 | 2022-12 | 2023-03 | 2023-06 | 2023-09 | 2023-12 | 2024-03 | |
| Forward PE Ratio | 123.46 | 50.25 | 6.90 | 6.46 | 11.00 | 7.54 | 3.21 | 2.76 | 2.25 | 3.43 | 1.67 |
Competitive Comparison
For the Health Information Services subindustry, CareCloud's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CareCloud Forward PE Ratio Distribution
For the Healthcare Providers & Services industry and Healthcare sector, CareCloud's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where CareCloud's Forward PE Ratio falls into.
CareCloud Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
CareCloud(NAS:CCLD) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
CareCloud Forward PE Ratio Related Terms
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CareCloud (CareCloud) Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Healthcare » » CareCloud Inc (NAS:CCLD) » Definitions » Forward PE Ratio
Comparable Companies
ICCT UPH HCTI BFRG MGRX ETAO EUDA PBSV STRM LIFW VEEV GEHC TSE:2413 HQY ASX:PME RCM TXG DOCS PGNY EVH
Traded in Other Exchanges
CCLDP.PFD:USA MTB0:Germany MTB:Germany
Address
7 Clyde Road, Somerset, NJ, USA, 08873
Website
CareCloud Inc is a healthcare information technology company. It provides a full suite of proprietary cloud-based solutions and related business services. Its Software-as-a-Service platforms include practice management (PM), electronic health record (EHR), business intelligence, telehealth, patient experience management (PXM) solutions, and robotic processing automation (RPA) bots, along with complementary software tools and business services such as revenue cycle management (RCM), premiere healthcare consulting and implementation services, and on-demand workforce staffing capabilities for high-performance medical groups and health systems nationwide. The operating segments of the group are Healthcare IT, which is the key revenue generating segment, and Practice Management.
Executives
| Mahmud Ul Haq | director, 10 percent owner, officer: Chief Executive Officer | 7 CLYDE ROAD, SOMERSET NJ 08873 |
| Lawrence Steven Sharnak | director | 7393, ORANGEWOOD LANE, BOCA RATON FL 33433 |
| Anne Busquet | director | 390 PARK AVE 4TH FLR, NEW YORK NY 10022 |
| A Hadi Chaudhry | officer: President | 7 CLYDE ROAD, SOMERSET NJ 08873 |
| Nathalie Grey Garcia | officer: General Counsel & Secretary | 7 CLYDE ROAD, SOMERSET NJ 08873 |
| Lawrence J. Steenvoorden | officer: Chief Financial Officer | C/O CHEMBIO DIAGNOSTICS, INC., 555 WIRELESS BOULEVARD, HAUPPAUGE NY 11788 |
| Stephen Andrew Snyder | director, officer: President | 7 CLYDE ROAD, SOMERSET NJ 08873 |
| Bill Korn | officer: Chief Financial Officer | 61 DARREN DRIVE, BASKING RIDGE NJ 07920 |
| John N Daly | director | 390 STANWICH ROAD, GREENWICH CT 06830 |
| Kimberly J Grant | officer: General Counsel & Secretary | 7 CLYDE ROAD, SOMERSET NJ 08873 |
| Cameron Munter | director | 295 WEST ORANGE GROVE AVE, SIERRA MADRE CA 91024 |
| Shruti H Patel | officer: Interim Corporate Secretary | 7 CLYDE ROAD, SOMERSET NJ 08873 |
| Amritpal K. Deol | officer: See Remarks | 7 CLYDE ROAD, SOMERSET NJ 08873 |
| Norman Roth | officer: See Remarks | 7 CLYDE ROAD, SOMERSET NJ 08873 |
| Brendan Patrick Harney | officer: See Remarks | 7 CLYDE ROAD, SOMERSET NJ 08873 |
CareCloud (CareCloud) Headlines
From GuruFocus
CareCloud's RCM and EHR Solutions Named Best Medical Software for Large Practices by Business.com
By Marketwired • 09-26-2023
CareCloud to Exhibit at HBMA's 2023 Fall Revenue Cycle Management Conference
By Marketwired • 08-31-2023
Mental Health Practice, Eastside Counseling Center, Chooses CareCloud for Streamlined RCM Services
By Marketwired • 10-05-2023
CareCloud Empowers Sympathy Health Clinic with Comprehensive Telehealth Solution to Enhance Patient Care
By Marketwired • 08-29-2023
CareCloud's medSR Division Successfully Implements MEDITECH Expanse EHR at Doctors Hospital Bahamas, Enhancing Patient Care and Data Resilience
By Marketwired • 10-03-2023
Executive Chairman Mahmud Haq Acquires 500,000 Shares of CareCloud Inc
By GuruFocus Research • 12-23-2023
CareCloud Inc (CCLD) Reports Q3 2023 Earnings: Revenue Declines 13% YOY
By GuruFocus Research • 11-02-2023
CareCloud CEO Hadi Chaudhry Named One of the Top 10 Most Influential HealthTech Leaders of 2023 by Mirror Review
By Marketwired • 08-14-2023
CareCloud's Karl Johnson to Share Insights on Implementing Workforce Extension in Revenue Cycle Management at Becker's Health IT + Digital Health + RCM Event
By Marketwired • 08-22-2023
Ultrasound Express Selects CareCloud's talkEHR for Streamlined Patient Care
By Marketwired • 11-07-2023
