The current PE ratio for National Healthcare stock as of Nov 29, 2023 is 26.05. This is calculated based on the TTM EPS of $2.92 and the stock price of $76.06 per share. The PE ratio marks a decrease of 25% from its last 4 quarters average of 34.9.
The average historical PE ratio of National Healthcare for the last ten years is 21.25. The current P/E ratio of 26.05 is 23% higher 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 |
|---|---|---|
| 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% |
| 2013 | 13.31 | 3.34% |
Currently, NHC's PE ratio is higher than its 3, 5 and 10-year averages.
NHC's PE ratio stands higher than its peer stocks UHS and ENSG.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UHS Universal Health Services Inc | 14.11 | $9.27B |
| HCSG Healthcare Services Group Inc | 22.2 | $721.5M |
| ENSG Ensign Group Inc | 23.97 | $6.04B |
| NHC National Healthcare Corp | 26.05 | $1.17B |
| EVH Evolent Health Inc | N/A | $3.21B |
NHC stock has a price to earnings ratio of 26.05 as of Nov 29, 2023.
The 3-year average price to earnings ratio for NHC stock is 22.64.
The 5-year average price to earnings ratio for NHC stock is 23.8.
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 23% higher 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 (Nov 29, 2023), National Healthcare's share price is $76.06. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $2.92. Therefore, National Healthcare's PE ratio for today is 26.05. PE RATIO(26.05) = STOCK PRICE($76.06) / TTM EPS($2.92)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.