The current PE ratio for Mckesson stock as of Jul 25, 2024 is 26.43. This is calculated based on the TTM EPS of $22.54 and the stock price of $595.73 per share. The PE ratio has grown by 36% from its last 4 quarters average of 19.4.
The average historical PE ratio of Mckesson for the last ten years is 62.53. The current price-to-earnings ratio of 26.43 is 58% 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.
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% |
Currently, MCK's PE ratio is above its 3 and 5-year averages, but it is under its 10-year average.
When compared to its peers CAH and PINC, MCK's PE ratio is lower, but it is higher than HSIC's and PDCO's. Mckesson's PE ratio is trading below the peer average of 27.66.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PDCO Patterson Companies Inc | 13.15 | $2.31B |
| HSIC Henry Schein Inc | 24.18 | $9.26B |
| MCK Mckesson Corp | 26.63 | $78.01B |
| PINC Premier Inc | 31.98 | $2.18B |
| CAH Cardinal Health Inc | 43.14 | $23.95B |
| OMI Owens & Minor Inc | N/A | $1.16B |
MCK stock has a price to earnings ratio of 26.43 as of Jul 25, 2024.
The 3-year average PE ratio for MCK stock is 23.7.
The 5-year average PE ratio for MCK stock is 23.37.
Over the last ten years, the Mar 2019 quarter recorded the highest quarterly PE ratio at 688.59.
The current PE ratio of MCK is 58% lower than the 10-year historical average.
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 (Jul 25, 2024), Mckesson's share price is $595.73. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $22.54. Therefore, Mckesson's price to earnings ratio for today is 26.43. PE RATIO(26.43) = STOCK PRICE($595.73) / TTM EPS($22.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.