The current PE ratio for Premier stock as of Dec 20, 2024 is 16.12. This is calculated based on the TTM EPS of $1.35 and the stock price of $21.76 per share. The PE ratio marks a decrease of 22% from its last 4 quarters average of 20.6.
The average historical PE ratio of Premier for the last ten years is 12.2. The current P/E ratio of 16.12 is 32% 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.
Maximum annual increase: 1,283.43% in 2017
Maximum annual decrease: -56.42% in 2018
Year | PE ratio | Change |
---|---|---|
2024 | 17.78 | -5.53% |
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 |
PINC's current PE ratio is higher than the 10-year average, but it is lower than its 3 and 5-year averages.
PINC's PE ratio stands lower than its peer stocks MCK and CRVL.
Stock name | PE ratio | Market cap |
---|---|---|
PINC Premier Inc | 16.12 | $2.09B |
MCK Mckesson Corp | 29.85 | $73.59B |
CRVL Corvel Corp | 72.63 | $5.92B |
INFU InfuSystem Holdings Inc | 138.5 | $176.7M |
PINC's price to earnings ratio is 16.12 as of Dec 20, 2024.
The 3-year average price to earnings ratio for PINC stock is 19.22.
The 5-year average price to earnings ratio for PINC stock is 16.54.
Over the last ten years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 34.
The current PE ratio of PINC is 32% 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 (Dec 20, 2024), Premier's share price is $21.76. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.35. Therefore, Premier's PE ratio for today is 16.12. PE RATIO(16.12) = STOCK PRICE($21.76) / TTM EPS($1.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.