As of Jun 22, 2026, THC's PE to growth ratio of 0.35 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 9.22 measured against EPS growth of 26.2%.
Tenet Healthcare's eight years historical PEG ratio has a mean of 0.08. Compared to historical data, THC's 0.35 PEG ratio represents an increase of 338%. 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 |
|---|---|---|---|
| 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% |
| Sep 2022 | N/A | 9.96 | -49% |
When comparing to historical data, THC's PEG ratio sits above the 3, 5 and 10-year averages.
With a PEG of 0.35, THC stands higher than its peers average but lower than the Healthcare sector and the industry average. Looking at the Healthcare sector average of 0.55, Tenet Healthcare's PEG is 36% lower.
Relative to its peers, THC's PEG ratio is lower than HCA's and DVA's yet above UHS's and MD's. Tenet Healthcare's PEG ratio of 0.35 is above the peer average of 0.16.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| CYH Community Health Systems Inc | 0 | $434.02M |
| MD Mednax Inc | 0.04 | $1.96B |
| UHS Universal Health Services Inc | 0.18 | $8.83B |
| THC Tenet Healthcare Corp | 0.36 | $15.58B |
| HCA HCA Healthcare Inc | 0.45 | $85.83B |
| DVA Davita Inc | 3.33 | $13.54B |
| SEM Select Medical Holdings Corp | N/A | $2.05B |
THC's Jun 22, 2026 PEG ratio comes in at 0.35.
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 0.08.
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 338% higher than its 8-year historical average.
The 0.35 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 Jun 22, 2026, Tenet Healthcare has a PE ratio of 9.22. Earnings grew at 26.2% over the TTM period ending Mar 2026. Applying the formula, this gives a PEG ratio of 0.35. PEG RATIO(0.35) = PE RATIO(9.22) / EPS GROWTH(26.2%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.