The PE ratio for Molina Healthcare stock stands at 17.66 as of Jul 25, 2024. This is calculated based on the TTM EPS of $18.36 and the stock price of $324.17 per share. A decrease of 9% has been observed in the PE ratio compared to its average of 19.4 of the past four quarters.
Over the last ten years, the average PE ratio of Molina Healthcare has been 24.76. The current 17.66 price-to-earnings ratio is 29% less than the historical average. Analyzing the last ten years, MOH's PE ratio reached its highest point in the Sep 2014 quarter at 103.17, with a price of $42.3 and an EPS of $0.41. 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 under its 3, 5 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. Molina Healthcare's PE ratio is trading below the peer average of 24.61.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CNC Centene Corp | 14.39 | $39.01B |
| MOH Molina Healthcare Inc | 18.27 | $19.65B |
| HUM Humana Inc | 24.1 | $47.31B |
| CI Cigna Corp | 27.89 | $97.62B |
| UNH Unitedhealth Group Inc | 34.34 | $524.36B |
The price to earnings ratio for MOH stock is 17.66 as of Jul 25, 2024.
The 3-year average PE ratio for MOH stock is 22.11.
The 5-year average PE ratio for MOH stock is 19.27.
The highest quarterly PE ratio in the last ten years has been 103.17 and it was in the Sep 2014 quarter.
The current PE ratio of MOH is 29% 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 (Jul 25, 2024), Molina Healthcare's share price is $324.17. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $18.36. Therefore, Molina Healthcare's price to earnings ratio for today is 17.66. PE RATIO(17.66) = STOCK PRICE($324.17) / TTM EPS($18.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.