FONAR Corporation
FONR

$105.93 M
Marketcap
$16.89
Share price
Country
$-0.01
Change (1 day)
$24.05
Year High
$14.05
Year Low
Categories

FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates through two segments, Medical Equipment segment, and Physician Management and Diagnostic services segment. It provides Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. The company offers non-medical management, including administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing IT services, hiring, conducting interviews, training, supervision and management of non-medical personnel, storage of medical records, office space, equipment, repair maintenance services, accounting, assistance with compliance matters and the development and implementation of practice growth and marketing strategies. The company owns and operates 5 diagnostic imaging facilities in Florida; and manages 39 MRI scanning facilities, including 25 facilities located in New York and 14 situated in Florida. It markets its scanners to private diagnostic imaging centers and hospitals. The company was incorporated in 1978 and is based in Melville, New York.

marketcap

P/E ratio for FONAR Corporation (FONR)

P/E ratio as of 2024: 9.70

According to FONAR Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.70. At the end of 2023 the company had a P/E ratio of 12.12.

P/E ratio history for FONAR Corporation from 1984 to 2024

PE ratio at the end of each year

Year P/E ratio
2024 9.70
2023 12.12
2022 5.87
2021 8.55
2020 11.96
2019 6.74
2018 7.86
2017 9.26
2016 8.33
2015 5.06
2014 7.20
2013 4.44
2012 4.19
2011 3.26
2010 -2.41
2009 8.31
2008 -0.82
2007 -0.94
2006 -2.03
2005 120.00
2004 -12.80
2003 -6.57
2002 -5.47
2001 -7.46
2000 -10.53
1999 -5.22
1998 -24.48
1997 2.94
1996 -39.05
1995 -75.09
1994 -125.00
1993 137.50
1992 43.75
1991 7.03
1990 2.41
1989 -1.22
1988 26.37
1987 56.36
1986 125.71
1985 -6.94
1984 -7.23