As of Jul 31, 2026, THC's PE to growth ratio of 0.15 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 9.76 measured against EPS growth of 64.6%.
Tenet Healthcare's eight years historical PEG ratio has a mean of 0.08. Compared to historical data, THC's 0.15 PEG ratio represents an increase of 88%. THC hit its maximum PEG ratio of 0.37 during the Mar 2026 quarter over the last eight years. The Sep 2021 quarter marked the lowest reading at 0, indicating the most favorable growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | 12.73 | -52.7% |
| 2024 | 0.01 | 3.82 | 449.4% |
| 2023 | 0.22 | 12.57 | 56.5% |
| 2022 | N/A | 12.71 | -55.1% |
| 2021 | 0.08 | 9.55 | 125% |
| 2020 | 0.04 | 10.51 | 282.7% |
| 2019 | N/A | N/A | -303.9% |
| 2018 | 0.15 | 16.8 | 114.6% |
| 2017 | N/A | N/A | -262.7% |
| 2016 | N/A | N/A | -36.9% |
| 2015 | N/A | N/A | -1,275% |
| 2014 | 3.87 | 422.25 | 109.1% |
| 2013 | N/A | N/A | -197.8% |
| 2012 | 0.14 | 24.05 | 175.5% |
| 2011 | N/A | 41.88 | -94.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.11 | 7.17 | 64.6% |
| Mar 2026 | 0.37 | 9.74 | 26.2% |
| Dec 2025 | N/A | 12.73 | -52.7% |
| Sep 2025 | N/A | 13.7 | -53.1% |
| Jun 2025 | N/A | 11.1 | -42.7% |
| Mar 2025 | N/A | 8.76 | -41.4% |
| Dec 2024 | 0.01 | 3.82 | 449.4% |
| Sep 2024 | 0.01 | 5.26 | 591.5% |
| Jun 2024 | 0.01 | 4.81 | 477.5% |
| Mar 2024 | 0.01 | 4.01 | 566.9% |
| Dec 2023 | 0.22 | 12.57 | 56.5% |
| Sep 2023 | N/A | 14.42 | -11.8% |
| Jun 2023 | N/A | 16.99 | -41.3% |
| Mar 2023 | N/A | 15.12 | -55.9% |
| Dec 2022 | N/A | 12.71 | -55.1% |
When comparing to historical data, THC's PEG ratio sits above the 3, 5 and 10-year averages.
With a PEG of 0.15, THC stands lower than the Healthcare sector, the industry and its peers average. Looking at the Healthcare sector average of 0.56, Tenet Healthcare's PEG is 73% lower.
Relative to its peers, THC's PEG ratio is lower than HCA's and DVA's yet above MD's and CYH's. Tenet Healthcare's PEG ratio of 0.15 is below the peer average of 0.19.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| CYH Community Health Systems Inc | 0.01 | $401.17M |
| MD Pediatrix Medical Group Inc | 0.04 | $2.23B |
| THC Tenet Healthcare Corp | 0.15 | $20.43B |
| UHS Universal Health Services Inc - Class B | 0.21 | $10.46B |
| HCA HCA Healthcare Inc | 0.53 | $88.26B |
| DVA DaVita Inc | 3.85 | $15.68B |
THC's Jul 31, 2026 PEG ratio comes in at 0.15.
Historical data over a 3-year period puts THC's average PEG ratio at 0.11.
Historical data over a 5-year period puts THC's average PEG ratio at 0.09.
In the last eight years, THC's peak PEG ratio of 0.37 occurred in the Mar 2026 quarter.
At present, THC's PEG ratio is 88% higher than its 8-year historical average.
The 0.15 PEG ratio for THC reflects robust earnings growth outpacing the current valuation.
PEG equals PE divided by earnings per share growth (YoY TTM). As of Jul 31, 2026, Tenet Healthcare has a PE ratio of 9.76. Earnings grew at 64.6% over the TTM period ending Jun 2026. Applying the formula, this gives a PEG ratio of 0.15. PEG RATIO(0.15) = PE RATIO(9.76) / EPS GROWTH(64.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.