Cardinal Health
CAH
#706
Rank
$27.00 B
Marketcap
$111.04
Share price
-0.56%
Change (1 day)
46.66%
Change (1 year)
Cardinal Health, Inc. is an American multinational health care services company specialized in the distribution of pharmaceuticals and medical products. The company also manufactures medical and surgical products, including gloves, surgical apparel, and fluid management products.

P/E ratio for Cardinal Health (CAH)

P/E ratio as of February 2024 (TTM): 111

According to Cardinal Health's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 110.554. At the end of 2022 the company had a P/E ratio of -16.6.

P/E ratio history for Cardinal Health from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-16.6-161.91%
202126.8136.83%
202011.3-419.24%
2019-3.55-99.52%
2018-743-7124.48%
201710.6-38.25%
201617.1-20.34%
201521.5-12.87%
201424.7-59.35%
201360.7391.14%
201212.4-16.56%
201114.84.46%
201014.2-4.06%
200914.849.31%
20089.91-29.51%
200714.1-20.62%
200617.7-30.49%
200525.526.11%
200420.25.64%
200319.1-8.62%
200220.9-35.95%
200132.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.3-89.79%๐Ÿ‡บ๐Ÿ‡ธ USA
22.2-79.95%๐Ÿ‡บ๐Ÿ‡ธ USA
26.1-76.36%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7-80.36%๐Ÿ‡บ๐Ÿ‡ธ USA
20.6-81.41%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6-87.68%๐Ÿ‡บ๐Ÿ‡ธ USA
12.1-89.06%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6-87.68%๐Ÿ‡บ๐Ÿ‡ธ USA
-19.4-117.56%๐Ÿ‡บ๐Ÿ‡ธ USA
4.62-95.82%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.