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THC Tenet Healthcare PE ratio, current and historical analysis

As of Jun 18, 2024, the Tenet Healthcare stock's price-to-earnings ratio is 5.25. This results from the current EPS of $26.21 and stock price of $137.51. The PE ratio has decreased by 56% from the past four quarters average of 12.0.

THC PE ratio history

How has THC's PE ratio performed in the past

The PE ratio of Tenet Healthcare has averaged 49.24 over the last ten years. The current price-to-earnings ratio of 5.25 is 89% 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.

Average
49.24
Median
13.58
Minimum
4.01
Maximum
422.25

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

What is the average PE ratio of THC for the past years

Currently, THC's PE ratio is lower than the 3, 5 and 10-year averages.

3-year avg
11.19
5-year avg
11.31
10-year avg
49.24
15-year avg
38.06

THC PE vs peers

What is THC's PE ratio compared to its peers

THC's PE ratio is below its peer stocks HCA and UHS. Tenet Healthcare's current PE ratio of 5.25 is less than the average of its peers, which is 16.17.

Stock name PE ratio Market cap
THC Tenet Healthcare Corp 5.22 $13.37B
DVA Davita Inc 15.64 $12.43B
UHS Universal Health Services Inc 15.91 $12.7B
SEM Select Medical Holdings Corp 16.08 $4.39B
HCA HCA Healthcare Inc 16.58 $88.28B
CYH Community Health Systems Inc N/A $446.08M
MD Mednax Inc N/A $657.61M

Frequently asked questions

What is Tenet Healthcare's PE ratio?

THC stock has a price to earnings ratio of 5.25 as of Jun 18, 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 11.19.

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 11.31.

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 89% 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 (Jun 18, 2024), Tenet Healthcare's stock price is $137.51. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $26.21. Therefore, Tenet Healthcare's price to earnings ratio for today is 5.25. PE RATIO(5.25) = STOCK PRICE($137.51) / TTM EPS($26.21)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.