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CNC Centene PE ratio, current and historical analysis

The current PE ratio for Centene stock as of Jun 20, 2024 is 13.28. This is calculated based on the TTM EPS of $5.08 and the stock price of $67.48 per share. The PE ratio marks a decrease of 11% from its last 4 quarters average of 14.9.

CNC PE ratio history

How has CNC's PE ratio performed in the past

The average historical PE ratio of Centene for the last ten years is 23.62. The current P/E ratio of 13.28 is 44% 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 Sep 2019 quarter, when it reached 13.19 with a price of $43.26 and an EPS of $3.28.

Average
23.62
Median
21.88
Minimum
13.19
Maximum
59.78

Centene PE ratio by year

Maximum annual increase: 88.33% in 2021

Maximum annual decrease: -61.95% in 2023

Year PE ratio Change
2023 14.93 -61.95%
2022 39.24 10.01%
2021 35.67 88.33%
2020 18.94 -3.91%
2019 19.71 -21.03%
2018 24.96 18.74%
2017 21.02 30.97%
2016 16.05 -27.31%
2015 22.08 -0.5%
2014 22.19 14.44%

CNC average PE ratio chart

What is the average PE ratio of CNC for the past years

The current PE ratio of CNC is lower than its 3, 5 and 10-year averages.

3-year avg
29.1
5-year avg
25.04
10-year avg
23.62
15-year avg
39.84

CNC PE vs peers

What is CNC's PE ratio compared to its 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 23.79.

Stock name PE ratio Market cap
CNC Centene Corp 13.28 $36.01B
MOH Molina Healthcare Inc 16.59 $18.04B
HUM Humana Inc 21.94 $43.07B
CI Cigna Corp 27.43 $95.98B
UNH Unitedhealth Group Inc 29.21 $445.94B

Frequently asked questions

What is Centene's PE ratio?

The price to earnings ratio for CNC stock as of Jun 20, 2024, stands at 13.28.

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 29.1.

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 25.04.

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 44% lower than the 10-year historical average.

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 (Jun 20, 2024), Centene's share price is $67.48. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.08. Therefore, Centene's PE ratio for today is 13.28. PE RATIO(13.28) = STOCK PRICE($67.48) / TTM EPS($5.08)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.