According to McKesson's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.1923. At the end of 2022 the company had a P/E ratio of 17.1.
Year | P/E ratio | Change |
---|---|---|
2022 | 17.1 | -38.33% |
2021 | 27.6 | -526.7% |
2020 | -6.48 | -77.19% |
2019 | -28.4 | -65.8% |
2018 | -83.1 | -1311.15% |
2017 | 6.86 | -58.3% |
2016 | 16.4 | -29.29% |
2015 | 23.3 | -16.97% |
2014 | 28.0 | -12.7% |
2013 | 32.1 | 122.06% |
2012 | 14.5 | -3.37% |
2011 | 15.0 | -8.85% |
2010 | 16.4 | 16.28% |
2009 | 14.1 | 10.74% |
2008 | 12.7 | -37.96% |
2007 | 20.5 | 18.27% |
2006 | 17.4 | -11.49% |
2005 | 19.6 | -141.78% |
2004 | -47.0 | -408.07% |
2003 | 15.2 | -1.88% |
2002 | 15.5 | -82.97% |
2001 | 91.2 |
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.