UnitedHealth
UNH
#18
Rank
$456.08 B
Marketcap
$494.70
Share price
0.32%
Change (1 day)
4.68%
Change (1 year)

P/E ratio for UnitedHealth (UNH)

P/E ratio as of March 2024 (TTM): 21.2

According to UnitedHealth's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.2057. At the end of 2022 the company had a P/E ratio of 24.7.

P/E ratio history for UnitedHealth from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202224.7-9.96%
202127.426.87%
202021.66.99%
201920.20.99%
201820.0-0.64%
201720.1-4.41%
201621.19.16%
201519.310.55%
201417.529.65%
201313.533.53%
201210.1-4.53%
201110.621.34%
20108.70-6.65%
20099.32-14.5%
200810.9-33.32%
200716.3-5.98%
200617.4-31.72%
200525.511.67%
200422.89.76%
200320.810.74%
200218.8-22.58%
200124.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.6-17.21%๐Ÿ‡บ๐Ÿ‡ธ USA
20.3-4.09%๐Ÿ‡บ๐Ÿ‡ธ USA
14.3-32.52%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.