As of Jul 25, 2024, the CAH stock has a P/E ratio of 42.5. The calculation is based on the latest EPS of $2.28 and the stock price of $96.91 per share. A decrease of 47% has been observed in the PE ratio compared to its average of 80.2 of the past four quarters.
The mean historical PE ratio of Cardinal Health over the last ten years is 37.42. The current 42.5 price-to-earnings ratio is 14% more than the historical average. Analyzing the last ten years, CAH's PE ratio reached its highest point in the Mar 2019 quarter at 267.5, with a price of $48.15 and an EPS of $0.18. The Jun 2019 quarter saw the lowest point at 10.35, with a price of $47.1 and an EPS of $4.55.
Maximum annual increase: 210.32% in 2018
Maximum annual decrease: -82.62% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 94.57 | N/A |
| 2022 | N/A | N/A |
| 2021 | 27.32 | N/A |
| 2020 | N/A | N/A |
| 2019 | 10.35 | -82.62% |
| 2018 | 59.55 | 210.32% |
| 2017 | 19.19 | 7.27% |
| 2016 | 17.89 | -21.74% |
| 2015 | 22.86 | 14.01% |
| 2014 | 20.05 | -58.37% |
The current PE ratio of CAH is above its 10-year average, but it is under its 3 and 5-year averages.
CAH's PE ratio is above its peer stocks MCK and CVS. Cardinal Health's current PE ratio of 42.5 is more than the average of its peers, which is 21.27.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HLF Herbalife Nutrition Ltd | 9.05 | $1.25B |
| CVS CVS HEALTH Corp | 10.68 | $76.58B |
| PDCO Patterson Companies Inc | 13.14 | $2.31B |
| HSIC Henry Schein Inc | 24.19 | $9.26B |
| MCK Mckesson Corp | 26.63 | $78.01B |
| PINC Premier Inc | 31.95 | $2.18B |
| TFX Teleflex Inc | 35.14 | $10.38B |
| CAH Cardinal Health Inc | 43.14 | $23.95B |
| OMI Owens & Minor Inc | N/A | $1.16B |
As of Jul 25, 2024, CAH stock has a price to earnings ratio of 42.5.
The 3-year average PE ratio for CAH stock is 57.69.
The 5-year average PE ratio for CAH stock is 42.93.
Over the last ten years, the Mar 2019 quarter recorded the highest quarterly PE ratio at 267.5.
CAH's current price to earnings ratio is 14% above its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jul 25, 2024), Cardinal Health's share price is $96.91. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.28. Therefore, Cardinal Health's price to earnings ratio for today is 42.5. PE RATIO(42.5) = STOCK PRICE($96.91) / TTM EPS($2.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.