HCA Healthcare
HCA
#242
Rank
$53.74 B
Marketcap
$187.24
Share price
-2.22%
Change (1 day)
-26.95%
Change (1 year)

P/E ratio for HCA Healthcare (HCA)

P/E ratio as of September 2022 (TTM): 8.73

According to HCA Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.72588. At the end of 2021 the company had a P/E ratio of 11.7.

P/E ratio history for HCA Healthcare from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202111.7-21.01%
202014.83.21%
201914.426.17%
201811.4-20.32%
201714.347.16%
20169.71-25.63%
201513.1-22.59%
201416.923.7%
201313.664.84%
20128.27

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.