MCK Mckesson PE ratio, current and historical analysis
The current PE ratio for Mckesson stock as of Nov 21, 2024 is 32.35. This is calculated based on the TTM EPS of $19.42 and the stock price of $628.27 per share. The PE ratio has grown by 35% from its last 4 quarters average of 24.0.
MCK PE ratio history
The average historical PE ratio of Mckesson for the last ten years is 61.11. The current price-to-earnings ratio of 32.35 is 47% less than the historical average. Analyzing the last ten years, MCK's PE ratio reached its highest point in the Mar 2019 quarter at 688.59, when the price was $117.06 and the EPS was $0.17. The lowest point was recorded in the Mar 2017 quarter, when it reached 6.46 with a price of $148.26 and an EPS of $22.95.
Mckesson PE ratio by year
Maximum annual increase: 6,714.55% in 2018
Maximum annual decrease: -96.06% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 23.82 | 68.82% |
| 2023 | 14.11 | -66.26% |
| 2022 | 41.82 | N/A |
| 2021 | N/A | N/A |
| 2020 | 27.16 | -96.06% |
| 2019 | 688.59 | 56.42% |
| 2018 | 440.22 | 6,714.55% |
| 2017 | 6.46 | -59.65% |
| 2016 | 16.01 | -54.91% |
| 2015 | 35.51 | 10.8% |
MCK average PE ratio chart
Currently, MCK's PE ratio is above its 3 and 5-year averages, but it is under its 10-year average.
MCK PE vs peers
When compared to its peer stocks CAH and HSIC, MCK's PE ratio is higher. Mckesson's PE ratio is trading above the peer average of 20.36.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PDCO Patterson Companies Inc | 11.02 | $1.79B |
| PINC Premier Inc | 16.61 | $2.15B |
| CAH Cardinal Health Inc | 23.83 | $29.87B |
| HSIC Henry Schein Inc | 29.99 | $9.2B |
| MCK Mckesson Corp | 32.35 | $79.75B |
| OMI Owens & Minor Inc | N/A | $943.04M |
Frequently asked questions
What is Mckesson's PE ratio?
MCK stock has a price to earnings ratio of 32.35 as of Nov 21, 2024.
What is the 3-year average PE ratio for Mckesson (MCK)?
The 3-year average PE ratio for MCK stock is 24.03.
What is the 5-year average PE ratio for Mckesson (MCK)?
The 5-year average PE ratio for MCK stock is 23.68.
What is the highest PE ratio for MCK?
Over the last ten years, the Mar 2019 quarter recorded the highest quarterly PE ratio at 688.59.
How does the current PE ratio for MCK compare to its historical average?
The current PE ratio of MCK is 47% lower than the 10-year historical average.
How is MCK's PE ratio calculated (Mckesson PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), Mckesson's share price is $628.27. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $19.42. Therefore, Mckesson's price to earnings ratio for today is 32.35. PE RATIO(32.35) = STOCK PRICE($628.27) / TTM EPS($19.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.