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MCK Mckesson PE ratio, current and historical analysis

The current PE ratio for Mckesson stock as of Jun 20, 2024 is 26.76. This is calculated based on the TTM EPS of $22.54 and the stock price of $603.24 per share. The PE ratio has grown by 38% from its last 4 quarters average of 19.4.

MCK PE ratio history

How has MCK's PE ratio performed in the past

The average historical PE ratio of Mckesson for the last ten years is 61.65. The current price-to-earnings ratio of 26.76 is 57% 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.

Average
61.65
Median
23.85
Minimum
6.46
Maximum
688.59

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

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

Currently, MCK's PE ratio is above its 3 and 5-year averages, but it is under its 10-year average.

3-year avg
23.7
5-year avg
24.74
10-year avg
61.65
15-year avg
44.69

MCK PE vs peers

What is MCK's PE ratio compared to its peers

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 current PE ratio of 26.76 is in line with the average of its peers, which is 27.05.

Stock name PE ratio Market cap
PDCO Patterson Companies Inc 12.07 $2.12B
HSIC Henry Schein Inc 22.26 $8.52B
MCK Mckesson Corp 26.76 $78.41B
PINC Premier Inc 28.09 $1.91B
CAH Cardinal Health Inc 45.78 $25.42B
OMI Owens & Minor Inc N/A $1.3B

Frequently asked questions

What is Mckesson's PE ratio?

MCK stock has a price to earnings ratio of 26.76 as of Jun 20, 2024.

What is the 3-year average PE ratio for Mckesson (MCK)?

The 3-year average PE ratio for MCK stock is 23.7.

What is the 5-year average PE ratio for Mckesson (MCK)?

The 5-year average PE ratio for MCK stock is 24.74.

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 57% 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 (Jun 20, 2024), Mckesson's share price is $603.24. 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 26.76. PE RATIO(26.76) = STOCK PRICE($603.24) / TTM EPS($22.54)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.