As of May 3, 2024, the CAH stock has a P/E ratio of 43.38. The calculation is based on the latest EPS of $2.28 and the stock price of $98.91 per share. A decrease of 46% 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 36.86. The current 43.38 price-to-earnings ratio is 18% 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 5 and 10-year averages, but it is under its 3-year average.
CAH's PE ratio is above its peer stocks CVS and MCK. Cardinal Health's current PE ratio of 43.38 is more than the average of its peers, which is 17.35.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HLF Herbalife Nutrition Ltd | 6.94 | $957.69M |
| CVS CVS HEALTH Corp | 9.79 | $70.18B |
| PDCO Patterson Companies Inc | 12.58 | $2.3B |
| PINC Premier Inc | 14.66 | $2.46B |
| HSIC Henry Schein Inc | 21.31 | $8.71B |
| MCK Mckesson Corp | 23.78 | $69.5B |
| TFX Teleflex Inc | 32.38 | $9.56B |
| CAH Cardinal Health Inc | 43.38 | $24.09B |
| OMI Owens & Minor Inc | N/A | $1.39B |
As of May 3, 2024, CAH stock has a price to earnings ratio of 43.38.
The 3-year average PE ratio for CAH stock is 53.9.
The 5-year average PE ratio for CAH stock is 40.21.
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 18% 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 (May 3, 2024), Cardinal Health's share price is $98.91. 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 43.38. PE RATIO(43.38) = STOCK PRICE($98.91) / TTM EPS($2.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.