As of May 3, 2024, the Corvel stock's PE ratio is 55.37. This results from the current EPS of $4.38 and stock price of $242.51. The PE ratio marks an increase of 11% from the past four quarters average of 49.8.
The PE ratio of Corvel has averaged 34.01 over the last ten years. The current P/E ratio of 55.37 is 63% higher than the historical average. In the past ten years, CRVL's PE ratio peaked in the Dec 2021 quarter at 60.29, when the stock price was $208 and the EPS was $3.45. 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 |
|---|---|---|
| 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% |
| 2014 | 30.53 | 48.06% |
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 | 14.66 | $2.46B |
| CRVL Corvel Corp | 55.37 | $4.15B |
| INFU InfuSystem Holdings Inc | 188 | $159.91M |
CRVL's price to earnings ratio is 55.37 as of May 3, 2024.
Over the last 3 years, the average price to earnings ratio for CRVL stock is 47.15.
Over the last 5 years, the average price to earnings ratio for CRVL stock is 41.46.
In the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 60.29.
CRVL's price to earnings ratio is currently 63% above its 10-year historical average.
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 (May 3, 2024), Corvel's stock price is $242.51. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.38. Therefore, Corvel's PE ratio for today is 55.37. PE RATIO(55.37) = STOCK PRICE($242.51) / TTM EPS($4.38)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.