CNC Centene PE ratio, current and historical analysis
The current PE ratio for Centene stock as of Nov 21, 2024 is 10.39. This is calculated based on the TTM EPS of $5.81 and the stock price of $60.35 per share. The PE ratio marks a decrease of 26% from its last 4 quarters average of 14.0.
CNC PE ratio history
The average historical PE ratio of Centene for the last ten years is 23.14. The current P/E ratio of 10.39 is 55% 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 Jun 2024 quarter, when it reached 12.49 with a price of $66.3 and an EPS of $5.31.
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
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 27.49.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CNC Centene Corp | 10.39 | $30.47B |
| MOH Molina Healthcare Inc | 14.96 | $16.94B |
| HUM Humana Inc | 25.78 | $35.61B |
| CI Cigna Corp | 30.76 | $91.81B |
| UNH Unitedhealth Group Inc | 38.47 | $549.86B |
Frequently asked questions
What is Centene's PE ratio?
The price to earnings ratio for CNC stock as of Nov 21, 2024, stands at 10.39.
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 22.06.
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 24.8.
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 55% 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 (Nov 21, 2024), Centene's share price is $60.35. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.81. Therefore, Centene's PE ratio for today is 10.39. PE RATIO(10.39) = STOCK PRICE($60.35) / TTM EPS($5.81)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.