The PE ratio for Chemed stock stands at 30.95 as of Apr 26, 2024. The calculation is based on the latest EPS of $18.11 and the stock price of $560.42 per share. A decrease of 7% has been observed in the PE ratio compared to its average of 33.4 of the last four quarters.
Over the last ten years, the average PE ratio of Chemed has been 27.59. The current 30.95 P/E ratio is 12% higher than the historical average. Looking back at the last ten years, CHE's PE ratio peaked in the Jun 2017 quarter at 49.52, with a price of $204.53 and an EPS of $4.13. The Dec 2014 quarter marked the lowest point at 18.25, with a price of $105.67 and an EPS of $5.79.
Maximum annual increase: 64.61% in 2017
Maximum annual decrease: -44.36% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 32.29 | 5.76% |
| 2022 | 30.53 | -1.1% |
| 2021 | 30.87 | 16.05% |
| 2020 | 26.6 | -16.61% |
| 2019 | 31.9 | 44.15% |
| 2018 | 22.13 | -44.36% |
| 2017 | 39.77 | 64.61% |
| 2016 | 24.16 | 5.46% |
| 2015 | 22.91 | 25.53% |
| 2014 | 18.25 | 1% |
CHE's current PE ratio is higher than the 3, 5 and 10-year averages.
In comparison to its peers BCPC and SXT, CHE's PE ratio is lower, but it is higher than RPM's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RPM Rpm International Inc | 24.57 | $13.83B |
| CHE Chemed Corp | 30.95 | $8.47B |
| SXT Sensient Technologies Corp | 31.69 | $2.98B |
| BCPC Balchem Corp | 41.2 | $4.49B |
| AMED Amedisys Inc | N/A | $3B |
As of Apr 26, 2024, CHE stock has a price to earnings ratio of 30.95.
As an average over the last 3 years, CHE stock has a PE ratio of 29.43.
As an average over the last 5 years, CHE stock has a PE ratio of 29.0.
Over the last ten years, the quarterly PE ratio reached its highest level at 49.52 in the Jun 2017 quarter.
CHE's current price to earnings ratio is 12% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), Chemed's share price is $560.42. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $18.11. Therefore, Chemed's PE ratio for today is 30.95. PE RATIO(30.95) = STOCK PRICE($560.42) / TTM EPS($18.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.