LH Laboratory Corp Of America Holdings PE ratio, current and historical analysis

The PE ratio for Laboratory Corp Of America Holdings stock stands at 26.17 as of Apr 1, 2025. This takes into account the latest EPS of $8.89 and stock price of $232.65. A decrease of 29% has been observed in the PE ratio compared to its average of 37.1 of the last four quarters.

LH PE ratio history

How has LH's PE ratio performed in the past

Over the last ten years, the average PE ratio of Laboratory Corp Of America Holdings has been 21.74. The current 26.17 P/E ratio is 20% higher than the historical average. Looking back at the last ten years, LH's PE ratio peaked in the Dec 2023 quarter at 47.35, with a price of $227.29 and an EPS of $4.8. The Jun 2021 quarter marked the lowest point at 9.34, with a price of $275.85 and an EPS of $29.54.

Today
26.17
Average
21.74
Median
20.25
Minimum
9.34
Maximum
47.35

Laboratory Corp Of America Holdings PE ratio by year

Maximum annual increase: 182.52% in 2023

Maximum annual decrease: -45.51% in 2024

Year PE ratio PE change Price EPS
2024 25.8 -45.51% $229.32 $8.89
2023 47.35 182.52% $227.29 $4.8
2022 16.76 31.25% $235.48 $14.05
2021 12.77 0.31% $314.21 $24.6
2020 12.73 -36.64% $203.55 $15.99
2019 20.09 38.46% $169.17 $8.42
2018 14.51 9.1% $126.36 $8.71
2017 13.3 -28.11% $159.51 $11.99
2016 18.5 -33.72% $128.38 $6.94
2015 27.91 56.01% $123.64 $4.43
2014 17.89 24.5% $107.9 $6.03
2013 14.37 1.05% $91.37 $6.36
2012 14.22 -13.97% $86.62 $6.09
2011 16.53 1.91% $85.97 $5.2
2010 16.22 9.67% $87.92 $5.42

Laboratory Corp Of America Holdings PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 25.8 -38.7% $229.32 $8.89
Sep 2024 42.09 11.88% $223.48 $5.31
Jun 2024 37.62 -12.18% $203.51 $5.41
Mar 2024 42.84 -9.52% $218.46 $5.1
Dec 2023 47.35 79.49% $227.29 $4.8
Sep 2023 26.38 2.85% $201.05 $7.62
Jun 2023 25.65 24.88% $241.33 $9.41
Mar 2023 20.54 22.55% $229.42 $11.17
Dec 2022 16.76 54.47% $235.48 $14.05
Sep 2022 10.85 -2.43% $204.81 $18.88
Jun 2022 11.12 -7.33% $234.36 $21.07
Mar 2022 12 -6.03% $263.66 $21.98
Dec 2021 12.77 28.99% $314.21 $24.6
Sep 2021 9.9 6% $281.44 $28.42
Jun 2021 9.34 -0.64% $275.85 $29.54

LH average PE ratio chart

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

Currently, LH's PE ratio is higher than the 5 and 10-year averages, but it is lower than its 3-year average.

3-year avg
27.91
5-year avg
23.14
10-year avg
21.74
15-year avg
19.95

LH PE vs peers

What is LH's PE ratio compared to its peers

In comparison to its peers IDXX and QGEN, LH's PE ratio is lower, but it is higher than DGX's.

Stock name PE ratio Market cap
DGX Quest Diagnostics Inc 21.76 $18.79B
LH Laboratory Corp Of America Holdings 26.17 $19.47B
IDXX Idexx Laboratories Inc 38.86 $34.04B
QGEN Qiagen NV 103.95 $8.78B
NEO Neogenomics Inc N/A $1.2B
ENZ Enzo Biochem Inc N/A $17.82M

Frequently asked questions

What is Laboratory Corp Of America Holdings's PE ratio?

As of Apr 1, 2025, LH stock has a price to earnings ratio of 26.17.

What is the 3-year average PE ratio for Laboratory Corp Of America Holdings (LH)?

The 3-year average price to earnings ratio for LH stock is 27.91.

What is the 5-year average PE ratio for Laboratory Corp Of America Holdings (LH)?

The 5-year average price to earnings ratio for LH stock is 23.14.

What is the highest PE ratio for LH?

Over the last ten years, the quarterly PE ratio reached its highest level at 47.35 in the Dec 2023 quarter.

How does the current PE ratio for LH compare to its historical average?

LH's price to earnings ratio is currently 20% above its 10-year historical average.

How is LH's PE ratio calculated (Laboratory Corp Of America Holdings PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 1, 2025), Laboratory Corp Of America Holdings's share price is $232.65. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $8.89. Therefore, Laboratory Corp Of America Holdings's PE ratio for today is 26.17. PE RATIO(26.17) = STOCK PRICE($232.65) / TTM EPS($8.89)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.