THC Tenet Healthcare PE ratio, current and historical analysis
As of Nov 21, 2024, the Tenet Healthcare stock's price-to-earnings ratio is 4.68. This results from the current EPS of $31.6 and stock price of $147.92. The PE ratio has decreased by 30% from the past four quarters average of 6.7.
THC PE ratio history
The PE ratio of Tenet Healthcare has averaged 45.03 over the last ten years. The current price-to-earnings ratio of 4.68 is 90% less than the historical average. In the past ten years, THC's PE ratio reached its highest point in the Dec 2014 quarter at 422.25, when the stock price was $50.67 and the EPS was $0.12. The lowest point was recorded in the Mar 2024 quarter, when it reached 4.01 with a price of $105.11 and an EPS of $26.21.
Tenet Healthcare PE ratio by year
Maximum annual increase: 33.09% in 2022
Maximum annual decrease: -9.13% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.57 | -1.1% |
| 2022 | 12.71 | 33.09% |
| 2021 | 9.55 | -9.13% |
| 2020 | 10.51 | N/A |
| 2019 | N/A | N/A |
| 2018 | 16.8 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 422.25 | N/A |
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 DVA. Tenet Healthcare's current PE ratio of 4.68 is less than the average of its peers, which is 15.79.
| Stock name | PE ratio | Market cap |
|---|---|---|
| THC Tenet Healthcare Corp | 4.68 | $14.07B |
| UHS Universal Health Services Inc | 12.93 | $13.04B |
| HCA HCA Healthcare Inc | 14.74 | $84.16B |
| DVA Davita Inc | 17.24 | $13.46B |
| SEM Select Medical Holdings Corp | 18.26 | $5.06B |
| CYH Community Health Systems Inc | N/A | $521.06M |
| MD Mednax Inc | N/A | $1.27B |
Frequently asked questions
What is Tenet Healthcare's PE ratio?
THC stock has a price to earnings ratio of 4.68 as of Nov 21, 2024.
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 10.12.
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 10.53.
What is the highest PE ratio for THC?
Over the last ten years, the quarterly PE ratio reached a historic high of 422.25 in the Dec 2014 quarter.
How does the current PE ratio for THC compare to its historical average?
THC's price to earnings ratio is currently 90% 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 (Nov 21, 2024), Tenet Healthcare's stock price is $147.92. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $31.6. Therefore, Tenet Healthcare's price to earnings ratio for today is 4.68. PE RATIO(4.68) = STOCK PRICE($147.92) / TTM EPS($31.6)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.