P/E ratio for McKesson (MCK)

P/E ratio history for McKesson from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Cardinal Health CAH	126	399.33%	🇺🇸 USA
AmerisourceBergen ABC	21.7	-13.79%	🇺🇸 USA
Henry Schein HSIC	21.1	-16.03%	🇺🇸 USA
Allscripts MDRX	10.7	-57.51%	🇺🇸 USA
Cerner CERN	47.5	88.45%	🇺🇸 USA
Computer Programs and Systems CPSI	27.8	10.58%	🇺🇸 USA
Owens & Minor OMI	-7.73	-130.69%	🇺🇸 USA
Patterson Companies PDCO	14.1	-44.09%	🇺🇸 USA
Premier PINC	11.4	-54.75%	🇺🇸 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.