The PE ratio for Davita stock stands at 15.11 as of May 6, 2024. This is calculated based on the TTM EPS of $9.06 and the stock price of $136.87 per share. A decrease of 3.1% has been observed in the PE ratio compared to its average of 15.6 of the last four quarters.
Over the last ten years, the average PE ratio of Davita has been 23.51. The current 15.11 P/E ratio is 36% lower than the historical average. Looking back at the last ten years, DVA's PE ratio peaked in the Mar 2019 quarter at 69.6, with a price of $54.29 and an EPS of $0.78. The Jun 2022 quarter marked the lowest point at 9.49, with a price of $79.96 and an EPS of $8.43.
Maximum annual increase: 169.51% in 2018
Maximum annual decrease: -74.37% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.75 | 11.07% |
| 2022 | 12.38 | 1.23% |
| 2021 | 12.23 | -32.69% |
| 2020 | 18.17 | 28.14% |
| 2019 | 14.18 | -74.37% |
| 2018 | 55.33 | 169.51% |
| 2017 | 20.53 | 39.47% |
| 2016 | 14.72 | -73.18% |
| 2015 | 54.89 | 147.14% |
| 2014 | 22.21 | 5.86% |
Currently, DVA's PE ratio is higher than the 3-year average, but it is lower than its 5 and 10-year averages.
In comparison to its peers LH and UHS, DVA's PE ratio is lower, but it is higher than THC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| THC Tenet Healthcare Corp | 4.67 | $11.95B |
| DVA Davita Inc | 15.11 | $12B |
| UHS Universal Health Services Inc | 16.34 | $11.37B |
| LH Laboratory Corp Of America Holdings | 39.42 | $16.95B |
| MD Mednax Inc | N/A | $780.66M |
The price to earnings ratio for DVA stock as of May 6, 2024, stands at 15.11.
The average PE ratio for DVA stock over the past 3 years is 13.65.
The average PE ratio for DVA stock over the past 5 years is 16.84.
The highest quarterly PE ratio in the last ten years has been 69.6 and it was in the Mar 2019 quarter.
The current PE ratio of DVA is 36% lower than the 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 (May 6, 2024), Davita's share price is $136.87. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $9.06. Therefore, Davita's PE ratio for today is 15.11. PE RATIO(15.11) = STOCK PRICE($136.87) / TTM EPS($9.06)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.