CNC Centene PE ratio, current and historical analysis
- Stocks
- Healthcare
- NYSE: CNC
- PE Ratio
The current PE ratio for Centene stock as of May 9, 2025 is 9.25. This is calculated based on the TTM EPS of $6.79 and the stock price of $62.79 per share. The PE ratio marks a decrease of 16% from its last 4 quarters average of 11.0.
CNC PE ratio history
The average historical PE ratio of Centene for the last ten years is 22.36. The current P/E ratio of 9.25 is 59% lower than the historical average. Looking back at the last ten years, CNC's PE ratio peaked in the Jun 2021 quarter at 59.78, when the price was $72.93 and the EPS was $1.22. The lowest point was in the Mar 2025 quarter, when it reached 8.94 with a price of $60.71 and an EPS of $6.79.
Centene PE ratio by year
Maximum annual increase: 5,697.51% in 2012
Maximum annual decrease: -98.11% in 2013
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 9.57 | -35.9% | $60.58 | $6.33 |
| 2023 | 14.93 | -61.95% | $74.21 | $4.97 |
| 2022 | 39.24 | 10.01% | $82.01 | $2.09 |
| 2021 | 35.67 | 88.33% | $82.4 | $2.31 |
| 2020 | 18.94 | -3.91% | $60.03 | $3.17 |
| 2019 | 19.71 | -21.03% | $62.87 | $3.19 |
| 2018 | 24.96 | 18.74% | $57.65 | $2.31 |
| 2017 | 21.02 | 30.97% | $50.44 | $2.4 |
| 2016 | 16.05 | -27.31% | $28.26 | $1.76 |
| 2015 | 22.08 | -0.5% | $32.91 | $1.49 |
| 2014 | 22.19 | 14.44% | $25.96 | $1.17 |
| 2013 | 19.39 | -98.11% | $14.74 | $0.76 |
| 2012 | 1,025 | 5,697.51% | $10.25 | $0.01 |
| 2011 | 17.68 | 36.74% | $9.9 | $0.56 |
| 2010 | 12.93 | 19.72% | $6.34 | $0.49 |
Centene PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 8.94 | -6.58% | $60.71 | $6.79 |
| Dec 2024 | 9.57 | -26.16% | $60.58 | $6.33 |
| Sep 2024 | 12.96 | 3.76% | $75.28 | $5.81 |
| Jun 2024 | 12.49 | -19.16% | $66.3 | $5.31 |
| Mar 2024 | 15.45 | 3.48% | $78.48 | $5.08 |
| Dec 2023 | 14.93 | -2.48% | $74.21 | $4.97 |
| Sep 2023 | 15.31 | 11.67% | $68.88 | $4.5 |
| Jun 2023 | 13.71 | -41.44% | $67.45 | $4.92 |
| Mar 2023 | 23.41 | -40.34% | $63.21 | $2.7 |
| Dec 2022 | 39.24 | 75.96% | $82.01 | $2.09 |
| Sep 2022 | 22.3 | -15.66% | $77.81 | $3.49 |
| Jun 2022 | 26.44 | -19.29% | $84.61 | $3.2 |
| Mar 2022 | 32.76 | -8.16% | $84.19 | $2.57 |
| Dec 2021 | 35.67 | -29.01% | $82.4 | $2.31 |
| Sep 2021 | 50.25 | -15.94% | $62.31 | $1.24 |
CNC average PE ratio chart
The current PE ratio of CNC is lower than its 3, 5 and 10-year averages.
CNC PE vs peers
In comparison to its peer stocks UNH and CI, CNC's PE ratio is lower. Centene's PE ratio is trading below the peer average of 16.82.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CNC Centene Corp | 9.37 | $31.67B |
| MOH Molina Healthcare Inc | 15.68 | $17.67B |
| UNH Unitedhealth Group Inc | 15.92 | $347.55B |
| HUM Humana Inc | 17.91 | $30.65B |
| CI Cigna Corp | 17.96 | $87.14B |
Frequently asked questions
What is Centene's PE ratio?
The price to earnings ratio for CNC stock as of May 9, 2025, stands at 9.25.
What is the 3-year average PE ratio for Centene (CNC)?
Over the last 3 years, the average price to earnings ratio for CNC stock is 17.9.
What is the 5-year average PE ratio for Centene (CNC)?
Over the last 5 years, the average price to earnings ratio for CNC stock is 23.27.
What is the highest PE ratio for CNC?
The highest quarterly PE ratio in the last ten years has been 59.78 and it was in the Jun 2021 quarter.
How does the current PE ratio for CNC compare to its historical average?
The current PE ratio of CNC is 59% lower than the 10-year historical average.
Why is Centene's PE ratio so low?
CNC's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is CNC's PE ratio calculated (Centene PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 9, 2025), Centene's share price is $62.79. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $6.79. Therefore, Centene's PE ratio for today is 9.25. PE RATIO(9.25) = STOCK PRICE($62.79) / TTM EPS($6.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.