The current PE ratio for National Healthcare stock as of Apr 26, 2024 is 20.94. This is calculated based on the TTM EPS of $4.36 and the stock price of $91.28 per share. The PE ratio marks a decrease of 30% from its last 4 quarters average of 30.0.
The average historical PE ratio of National Healthcare for the last ten years is 21.64. The current P/E ratio of 20.94 is 3.2% lower than the historical average. Looking back at the last ten years, NHC's PE ratio peaked in the Mar 2020 quarter at 54.76, when the price was $71.73 and the EPS was $1.31. The lowest point was in the Jun 2021 quarter, when it reached 6.44 with a price of $69.9 and an EPS of $10.86.
Maximum annual increase: 441.89% in 2022
Maximum annual decrease: -68.98% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 21.2 | -47.98% |
| 2022 | 40.75 | 441.89% |
| 2021 | 7.52 | -68.98% |
| 2020 | 24.24 | 25.34% |
| 2019 | 19.34 | -4.59% |
| 2018 | 20.27 | 23.07% |
| 2017 | 16.47 | -27.41% |
| 2016 | 22.69 | 22.85% |
| 2015 | 18.47 | -4.79% |
| 2014 | 19.4 | 45.76% |
Currently, NHC's PE ratio is lower than its 3, 5 and 10-year averages.
NHC's PE ratio stands lower than its peer stock ENSG, but it is higher than HCSG's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HCSG Healthcare Services Group Inc | 19.04 | $799.06M |
| NHC National Healthcare Corp | 20.94 | $1.4B |
| ENSG Ensign Group Inc | 31.18 | $6.64B |
| EVH Evolent Health Inc | N/A | $3.19B |
| CYH Community Health Systems Inc | N/A | $471.1M |
NHC stock has a price to earnings ratio of 20.94 as of Apr 26, 2024.
The 3-year average price to earnings ratio for NHC stock is 23.22.
The 5-year average price to earnings ratio for NHC stock is 24.37.
Over the last ten years, the quarterly PE ratio reached its highest level at 54.76 in the Mar 2020 quarter.
The current PE ratio of NHC is 3.2% lower than the 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), National Healthcare's share price is $91.28. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.36. Therefore, National Healthcare's PE ratio for today is 20.94. PE RATIO(20.94) = STOCK PRICE($91.28) / TTM EPS($4.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.