PINC Premier PE ratio, current and historical analysis
The current PE ratio for Premier stock as of Nov 21, 2024 is 16.61. This is calculated based on the TTM EPS of $1.35 and the stock price of $22.42 per share. The PE ratio marks a decrease of 20% from its last 4 quarters average of 20.6.
PINC PE ratio history
The average historical PE ratio of Premier for the last ten years is 12.2. The current P/E ratio of 16.61 is 36% 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.
Premier PE ratio by year
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 average PE ratio chart
PINC's current PE ratio is higher than the 5 and 10-year averages, but it is lower than its 3-year average.
PINC PE vs peers
PINC's PE ratio stands lower than its peer stocks MCK and CRVL.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PINC Premier Inc | 16.61 | $2.15B |
| MCK Mckesson Corp | 32.35 | $79.75B |
| CRVL Corvel Corp | 75.67 | $6.17B |
| INFU InfuSystem Holdings Inc | 154 | $196.48M |
Frequently asked questions
What is Premier's PE ratio?
PINC's price to earnings ratio is 16.61 as of Nov 21, 2024.
What is the 3-year average PE ratio for Premier (PINC)?
The 3-year average price to earnings ratio for PINC stock is 19.22.
What is the 5-year average PE ratio for Premier (PINC)?
The 5-year average price to earnings ratio for PINC stock is 16.54.
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 36% 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 (Nov 21, 2024), Premier's share price is $22.42. 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 16.61. PE RATIO(16.61) = STOCK PRICE($22.42) / TTM EPS($1.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.