THC Tenet Healthcare PE ratio, current and historical analysis
As of Feb 21, 2025, the Tenet Healthcare stock's price-to-earnings ratio is 3.92. This results from the current EPS of $33.02 and stock price of $129.6. The PE ratio has decreased by 12% from the past four quarters average of 4.5.
THC PE ratio history
The PE ratio of Tenet Healthcare has averaged 25.11 over the last ten years. The current price-to-earnings ratio of 3.92 is 84% less than the historical average. In the past ten years, THC's PE ratio reached its highest point in the Sep 2015 quarter at 184.6, when the stock price was $36.92 and the EPS was $0.2. The lowest point was recorded in the Dec 2024 quarter, when it reached 3.82 with a price of $126.23 and an EPS of $33.02.
Tenet Healthcare PE ratio by year
Maximum annual increase: 1,344.14% in 2011
Maximum annual decrease: -79.55% in 2010
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 3.82 | -69.61% | $126.23 | $33.02 |
| 2023 | 12.57 | -1.1% | $75.57 | $6.01 |
| 2022 | 12.71 | 33.09% | $48.79 | $3.84 |
| 2021 | 9.55 | -9.13% | $81.69 | $8.55 |
| 2020 | 10.51 | N/A | $39.93 | $3.8 |
| 2019 | N/A | N/A | $38.03 | -$2.08 |
| 2018 | 16.8 | N/A | $17.14 | $1.02 |
| 2017 | N/A | N/A | $15.16 | -$7 |
| 2016 | N/A | N/A | $14.84 | -$1.93 |
| 2015 | N/A | N/A | $30.3 | -$1.41 |
| 2014 | 422.25 | N/A | $50.67 | $0.12 |
| 2013 | N/A | N/A | $42.12 | -$1.32 |
| 2012 | 24.05 | -42.57% | $32.47 | $1.35 |
| 2011 | 41.88 | 1,344.14% | $20.52 | $0.49 |
| 2010 | 2.9 | -79.55% | $26.76 | $9.24 |
Tenet Healthcare PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 3.82 | -27.38% | $126.23 | $33.02 |
| Sep 2024 | 5.26 | 9.36% | $166.2 | $31.6 |
| Jun 2024 | 4.81 | 19.95% | $133.03 | $27.66 |
| Mar 2024 | 4.01 | -68.1% | $105.11 | $26.21 |
| Dec 2023 | 12.57 | -12.83% | $75.57 | $6.01 |
| Sep 2023 | 14.42 | -15.13% | $65.89 | $4.57 |
| Jun 2023 | 16.99 | 12.37% | $81.38 | $4.79 |
| Mar 2023 | 15.12 | 18.96% | $59.42 | $3.93 |
| Dec 2022 | 12.71 | 27.61% | $48.79 | $3.84 |
| Sep 2022 | 9.96 | 54.66% | $51.58 | $5.18 |
| Jun 2022 | 6.44 | -33.2% | $52.56 | $8.16 |
| Mar 2022 | 9.64 | 0.94% | $85.96 | $8.92 |
| Dec 2021 | 9.55 | 45.8% | $81.69 | $8.55 |
| Sep 2021 | 6.55 | -59.91% | $66.44 | $10.15 |
| Jun 2021 | 16.34 | 20.32% | $66.99 | $4.1 |
THC average PE ratio chart
Currently, THC's PE ratio is lower than the 3, 5 and 10-year averages.
THC PE vs peers
THC's PE ratio is below its peer stocks HCA and UHS. Tenet Healthcare's current PE ratio of 3.92 is less than the average of its peers, which is 12.39.
| Stock name | PE ratio | Market cap |
|---|---|---|
| THC Tenet Healthcare Corp | 3.92 | $12.33B |
| SEM Select Medical Holdings Corp | 10.65 | $2.28B |
| UHS Universal Health Services Inc | 11.78 | $11.88B |
| DVA Davita Inc | 12.92 | $11.39B |
| HCA HCA Healthcare Inc | 14.21 | $78.58B |
| CYH Community Health Systems Inc | N/A | $487.62M |
| MD Mednax Inc | N/A | $1.34B |
Frequently asked questions
What is Tenet Healthcare's PE ratio?
THC stock has a price to earnings ratio of 3.92 as of Feb 21, 2025.
What is the 3-year average PE ratio for Tenet Healthcare (THC)?
Over the last 3 years, the average PE ratio for THC stock is 9.65.
What is the 5-year average PE ratio for Tenet Healthcare (THC)?
Over the last 5 years, the average PE ratio for THC stock is 10.13.
What is the highest PE ratio for THC?
Over the last ten years, the quarterly PE ratio reached a historic high of 184.6 in the Sep 2015 quarter.
How does the current PE ratio for THC compare to its historical average?
THC's price to earnings ratio is currently 84% below its 10-year historical average.
Why is Tenet Healthcare's PE ratio so low?
THC's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is THC's PE ratio calculated (Tenet Healthcare PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Feb 21, 2025), Tenet Healthcare's stock price is $129.6. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $33.02. Therefore, Tenet Healthcare's price to earnings ratio for today is 3.92. PE RATIO(3.92) = STOCK PRICE($129.6) / TTM EPS($33.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.