The current PE ratio for Centene stock as of Jul 25, 2024 is 13.27. This is calculated based on the TTM EPS of $5.08 and the stock price of $67.4 per share. The PE ratio marks a decrease of 11% from its last 4 quarters average of 14.9.
The average historical PE ratio of Centene for the last ten years is 23.64. The current P/E ratio of 13.27 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.
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% |
The current PE ratio of CNC is lower than its 3, 5 and 10-year averages.
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 25.66.
Stock name | PE ratio | Market cap |
---|---|---|
CNC Centene Corp | 14.39 | $39.01B |
MOH Molina Healthcare Inc | 18.27 | $19.65B |
HUM Humana Inc | 24.1 | $47.31B |
CI Cigna Corp | 27.89 | $97.62B |
UNH Unitedhealth Group Inc | 34.34 | $524.36B |
The price to earnings ratio for CNC stock as of Jul 25, 2024, stands at 13.27.
Over the last 3 years, the average price to earnings ratio for CNC stock is 26.32.
Over the last 5 years, the average price to earnings ratio for CNC stock is 25.46.
The highest quarterly PE ratio in the last ten years has been 59.78 and it was in the Jun 2021 quarter.
The current PE ratio of CNC is 44% lower than the 10-year historical average.
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 (Jul 25, 2024), Centene's share price is $67.4. 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 13.27. PE RATIO(13.27) = STOCK PRICE($67.4) / TTM EPS($5.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.