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PINC Premier PE ratio, current and historical analysis

The current PE ratio for Premier stock as of Jun 20, 2024 is 28.09. This is calculated based on the TTM EPS of $0.65 and the stock price of $18.26 per share. The PE ratio marks an increase of 35% from its last 4 quarters average of 20.8.

PINC PE ratio history

How has PINC's PE ratio performed in the past

The average historical PE ratio of Premier for the last ten years is 11.92. The current P/E ratio of 28.09 is 136% higher than the historical average. Looking back at the last ten years, PINC's PE ratio peaked in the Mar 2024 quarter at 34, when the price was $22.1 and the EPS was $0.65. 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.

Average
11.92
Median
10.13
Minimum
0.97
Maximum
34

Premier PE ratio by year

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 average PE ratio chart

What is the average PE ratio of PINC for the past years

PINC's current PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg
19.3
5-year avg
15.72
10-year avg
11.92
15-year avg
N/A

PINC PE vs peers

What is PINC's PE ratio compared to its peers

PINC's PE ratio stands lower than its peer stock CRVL, but it is higher than MCK's.

Stock name PE ratio Market cap
MCK Mckesson Corp 26.76 $78.39B
PINC Premier Inc 28.62 $1.95B
CRVL Corvel Corp 54.98 $4.19B
INFU InfuSystem Holdings Inc N/A $139.91M

Frequently asked questions

What is Premier's PE ratio?

PINC's price to earnings ratio is 28.09 as of Jun 20, 2024.

What is the 3-year average PE ratio for Premier (PINC)?

The 3-year average price to earnings ratio for PINC stock is 19.3.

What is the 5-year average PE ratio for Premier (PINC)?

The 5-year average price to earnings ratio for PINC stock is 15.72.

What is the highest PE ratio for PINC?

Over the last ten years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 34.

How does the current PE ratio for PINC compare to its historical average?

The current PE ratio of PINC is 136% higher than the 10-year historical average.

How is PINC's PE ratio calculated (Premier PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 20, 2024), Premier's share price is $18.26. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.65. Therefore, Premier's PE ratio for today is 28.09. PE RATIO(28.09) = STOCK PRICE($18.26) / TTM EPS($0.65)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.