Mckesson currently trades with a PEG ratio of 0.42, based on Jul 2, 2026 data. Dividing the 20.4 PE ratio by the 49.1% earnings growth rate produces this figure. Relative to the 0.93 average from the past 4 quarters, the PEG ratio has shrunk by 55%.
Historically, Mckesson maintains a PEG ratio averaging 1.99 across the last ten years. At 0.42, today's PEG ratio sits 79% lower than its historical average. The ten years high came in the Dec 2016 quarter at 20.54, reflecting peak valuation relative to growth. The bottom was reached in the Mar 2020 quarter at 0.01, suggesting favorable value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2026 | 0.46 | 22.45 | 49.1% |
| 2025 | 1.77 | 26.02 | 14.7% |
| 2024 | N/A | 23.82 | -10.7% |
| 2023 | 0.06 | 14.11 | 244.7% |
| 2022 | 0.33 | 41.82 | 125.9% |
| 2021 | N/A | N/A | -667.5% |
| 2020 | 0.01 | 27.16 | 2,829.4% |
| 2019 | N/A | 688.59 | -46.9% |
| 2018 | N/A | 440.22 | -98.6% |
| 2017 | 0.05 | 6.46 | 133.7% |
| 2016 | 0.3 | 16.01 | 54.2% |
| 2015 | 2.28 | 35.51 | 15.6% |
| 2014 | N/A | 32.05 | -3.5% |
| 2013 | 94.55 | 18.91 | 0.2% |
| 2012 | 0.68 | 15.4 | 22.6% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.46 | 22.45 | 49.1% |
| Dec 2025 | 0.4 | 23.54 | 58.7% |
| Sep 2025 | 0.36 | 24 | 65.8% |
| Jun 2025 | 2.49 | 29.17 | 11.7% |
| Mar 2025 | 1.77 | 26.02 | 14.7% |
| Dec 2024 | N/A | 25.96 | -1.3% |
| Sep 2024 | N/A | 25.46 | -23.8% |
| Jun 2024 | N/A | 25.97 | -16.8% |
| Mar 2024 | N/A | 23.82 | -10.7% |
| Dec 2023 | 17.35 | 20.82 | 1.2% |
| Sep 2023 | 0.22 | 17.05 | 79.3% |
| Jun 2023 | 0.09 | 15.81 | 185% |
| Mar 2023 | 0.06 | 14.11 | 244.7% |
| Dec 2022 | 0.11 | 17.07 | 148.8% |
| Sep 2022 | 0.16 | 23.9 | 147.1% |
When comparing to historical data, MCK's PEG ratio comes in under the 3, 5 and 10-year averages.
Mckesson's PEG of 0.42 is lower than the Healthcare sector average. In comparison with the Healthcare sector average of 0.6, Mckesson's PEG is 30% lower.
MCK carries a PEG ratio lower than that of peer stocks CAH and HSIC.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| MCK Mckesson Corp | 0.42 | $94.52B |
| HSIC Henry Schein Inc | 9.27 | $9.85B |
| CAH Cardinal Health Inc | 18.19 | $55.96B |
| ACH Accendra Health Inc. | N/A | $274.94M |
MCK has a PEG ratio of 0.42, per Jul 2, 2026 data.
Historical data over a 3-year period puts MCK's average PEG ratio at 3.29.
Historical data over a 5-year period puts MCK's average PEG ratio at 1.73.
The Dec 2016 quarter marked the ten years high at 20.54 for MCK's PEG ratio.
Compared to the 10-year average, MCK's PEG ratio sits 79% lower.
The 0.42 PEG ratio for MCK reflects robust earnings growth outpacing the current valuation.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth rate (YoY TTM). As of Jul 2, 2026, Mckesson carries a PE ratio of 20.4. Earnings grew at 49.1% over the TTM period ending Mar 2026. Applying the formula, this yields a PEG ratio of 0.42. PEG RATIO(0.42) = PE RATIO(20.4) / EPS GROWTH(49.1%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.