The current PE ratio for Premier stock as of Apr 26, 2024 is 14.97. This is calculated based on the TTM EPS of $1.4 and the stock price of $20.96 per share. The PE ratio marks a decrease of 15% from its last 4 quarters average of 17.5.
The average historical PE ratio of Premier for the last ten years is 11.16. The current P/E ratio of 14.97 is 34% higher than the historical average. Looking back at the last ten years, PINC's PE ratio peaked in the Mar 2021 quarter at 23.84, when the price was $33.85 and the EPS was $1.42. The lowest point was in the Dec 2014 quarter, when it reached 0.97 with a price of $33.53 and an EPS of $34.41.
Maximum annual increase: 1,283.43% in 2017
Maximum annual decrease: -56.42% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 18.82 | 16.6% |
| 2022 | 16.14 | 3.93% |
| 2021 | 15.53 | 304.43% |
| 2020 | 3.84 | N/A |
| 2019 | N/A | N/A |
| 2018 | 10.19 | -56.42% |
| 2017 | 23.38 | 1,283.43% |
| 2016 | 1.69 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
PINC's current PE ratio is higher than the 5 and 10-year averages, but it is lower than its 3-year average.
PINC's PE ratio stands lower than its peer stocks MCK and CRVL.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PINC Premier Inc | 14.97 | $2.51B |
| MCK Mckesson Corp | 24.43 | $71.39B |
| CRVL Corvel Corp | 54.48 | $4.08B |
| INFU InfuSystem Holdings Inc | 203 | $172.67M |
PINC's price to earnings ratio is 14.97 as of Apr 26, 2024.
The 3-year average price to earnings ratio for PINC stock is 17.96.
The 5-year average price to earnings ratio for PINC stock is 14.64.
Over the last ten years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 23.84.
The current PE ratio of PINC is 34% higher than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 26, 2024), Premier's share price is $20.96. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.4. Therefore, Premier's PE ratio for today is 14.97. PE RATIO(14.97) = STOCK PRICE($20.96) / TTM EPS($1.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.