As of Nov 21, 2024, the Corvel stock's PE ratio is 75.67. This results from the current EPS of $4.76 and stock price of $360.19. The PE ratio marks an increase of 26% from the past four quarters average of 60.0.
The PE ratio of Corvel has averaged 36.53 over the last ten years. The current P/E ratio of 75.67 is 107% higher than the historical average. In the past ten years, CRVL's PE ratio peaked in the Sep 2024 quarter at 68.67, when the stock price was $326.89 and the EPS was $4.76. The lowest point was in the Mar 2020 quarter, when it reached 21.05 with a price of $54.51 and an EPS of $2.59.
Maximum annual increase: 88.17% in 2021
Maximum annual decrease: -19.99% in 2020
Year | PE ratio | Change |
---|---|---|
2024 | 59.09 | 18.94% |
2023 | 49.68 | 10.3% |
2022 | 45.04 | 13.71% |
2021 | 39.61 | 88.17% |
2020 | 21.05 | -19.99% |
2019 | 26.31 | -1.13% |
2018 | 26.61 | -7.02% |
2017 | 28.62 | 4.53% |
2016 | 27.38 | 9.83% |
2015 | 24.93 | -18.34% |
The current PE ratio of CRVL is higher than its 3, 5 and 10-year historical averages.
In comparison to its peer INFU, CRVL's PE ratio is lower, but it is higher than PINC's.
Stock name | PE ratio | Market cap |
---|---|---|
PINC Premier Inc | 16.61 | $2.15B |
CRVL Corvel Corp | 75.67 | $6.17B |
INFU InfuSystem Holdings Inc | 154 | $196.48M |
CRVL's price to earnings ratio is 75.67 as of Nov 21, 2024.
Over the last 3 years, the average price to earnings ratio for CRVL stock is 50.19.
Over the last 5 years, the average price to earnings ratio for CRVL stock is 45.43.
The current PE of 75.67 represents the highest historical value in the last ten years.
CRVL's price to earnings ratio is currently 107% above its 10-year historical average.
CRVL's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Corvel's stock price is $360.19. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.76. Therefore, Corvel's PE ratio for today is 75.67. PE RATIO(75.67) = STOCK PRICE($360.19) / TTM EPS($4.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.