CAH Cardinal Health PE ratio, current and historical analysis
As of Nov 21, 2024, the CAH stock has a P/E ratio of 23.83. The calculation is based on the latest EPS of $5.18 and the stock price of $123.42 per share. A decrease of 27% has been observed in the PE ratio compared to its average of 32.8 of the past four quarters.
CAH PE ratio history
The mean historical PE ratio of Cardinal Health over the last ten years is 35.14. The current 23.83 price-to-earnings ratio is 32% less 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.
Cardinal Health PE ratio by year
Maximum annual increase: 210.32% in 2018
Maximum annual decrease: -82.62% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 28.25 | -62.06% |
| 2023 | 74.46 | 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% |
CAH average PE ratio chart
The current PE ratio of CAH is under its 3, 5 and 10-year averages.
CAH PE vs peers
CAH's PE ratio is less than its peer stocks MCK and HSIC, but it is above CVS's and PINC's. Cardinal Health's current PE ratio of 23.83 is more than the average of its peers, which is 21.7.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HLF Herbalife Nutrition Ltd | 9.77 | $856.73M |
| PDCO Patterson Companies Inc | 11.02 | $1.79B |
| CVS CVS HEALTH Corp | 14.46 | $71.86B |
| PINC Premier Inc | 16.61 | $2.15B |
| CAH Cardinal Health Inc | 23.83 | $29.87B |
| HSIC Henry Schein Inc | 29.99 | $9.2B |
| MCK Mckesson Corp | 32.35 | $79.75B |
| TFX Teleflex Inc | 37.68 | $8.85B |
| OMI Owens & Minor Inc | N/A | $943.04M |
Frequently asked questions
What is Cardinal Health's PE ratio?
As of Nov 21, 2024, CAH stock has a price to earnings ratio of 23.83.
What is the 3-year average PE ratio for Cardinal Health (CAH)?
The 3-year average PE ratio for CAH stock is 47.64.
What is the 5-year average PE ratio for Cardinal Health (CAH)?
The 5-year average PE ratio for CAH stock is 35.55.
What is the highest PE ratio for CAH?
Over the last ten years, the Mar 2019 quarter recorded the highest quarterly PE ratio at 267.5.
How does the current PE ratio for CAH compare to its historical average?
CAH's current price to earnings ratio is 32% below its 10-year historical average.
How is CAH's PE ratio calculated (Cardinal Health PE ratio formula)?
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 (Nov 21, 2024), Cardinal Health's share price is $123.42. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.18. Therefore, Cardinal Health's price to earnings ratio for today is 23.83. PE RATIO(23.83) = STOCK PRICE($123.42) / TTM EPS($5.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.