The PE ratio for Molina Healthcare stock stands at 19.43 as of Apr 24, 2024. This is calculated based on the TTM EPS of $18.91 and the stock price of $367.41 per share. The current PE ratio is about the same compared to the last four quarters average.
Over the last ten years, the average PE ratio of Molina Healthcare has been 29.83. The current 19.43 price-to-earnings ratio is 35% less than the historical average. Analyzing the last ten years, MOH's PE ratio reached its highest point in the Jun 2014 quarter at 185.96, with a price of $44.63 and an EPS of $0.24. The Sep 2019 quarter saw the lowest point at 8.85, with a price of $109.72 and an EPS of $12.4.
Maximum annual increase: 166.76% in 2016
Maximum annual decrease: -45.66% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 19.11 | -20.61% |
| 2022 | 24.07 | -13.73% |
| 2021 | 27.9 | 49.52% |
| 2020 | 18.66 | 62.97% |
| 2019 | 11.45 | 14.04% |
| 2018 | 10.04 | N/A |
| 2017 | N/A | N/A |
| 2016 | 58.34 | 166.76% |
| 2015 | 21.87 | -45.66% |
| 2014 | 40.25 | 34.35% |
The current PE ratio of MOH is above its 5-year average, but it is under its 3 and 10-year averages.
When compared to its peers UNH and CI, MOH's PE ratio is lower, but it is higher than CNC's and HUM's. Molina Healthcare's PE ratio is trading above the peer average of 17.83.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CNC Centene Corp | 15.33 | $40.75B |
| HUM Humana Inc | 15.73 | $38.12B |
| MOH Molina Healthcare Inc | 19.43 | $21.46B |
| CI Cigna Corp | 20.05 | $102.99B |
| UNH Unitedhealth Group Inc | 20.2 | $449.26B |
The price to earnings ratio for MOH stock is 19.43 as of Apr 24, 2024.
The 3-year average PE ratio for MOH stock is 22.75.
The 5-year average PE ratio for MOH stock is 18.86.
The highest quarterly PE ratio in the last ten years has been 185.96 and it was in the Jun 2014 quarter.
The current PE ratio of MOH is 35% lower than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Apr 24, 2024), Molina Healthcare's share price is $367.41. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $18.91. Therefore, Molina Healthcare's price to earnings ratio for today is 19.43. PE RATIO(19.43) = STOCK PRICE($367.41) / TTM EPS($18.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.