According to Tenet Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.9323. At the end of 2022 the company had a P/E ratio of 12.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 12.7 | 32.67% |
2021 | 9.58 | -9.1% |
2020 | 10.5 | -155.96% |
2019 | -18.8 | -212.04% |
2018 | 16.8 | -874.8% |
2017 | -2.17 | -71.79% |
2016 | -7.69 | -64.47% |
2015 | -21.6 | -104.7% |
2014 | 461 | -1532.65% |
2013 | -32.2 | -232.69% |
2012 | 24.2 | -44.5% |
2011 | 43.7 | 1401% |
2010 | 2.91 | -78.95% |
2009 | 13.8 | -27.89% |
2008 | 19.2 | -167.91% |
2007 | -28.2 | 592.4% |
2006 | -4.08 | -18.59% |
2005 | -5.01 | 174.04% |
2004 | -1.83 | -72.68% |
2003 | -6.69 | -199.5% |
2002 | 6.72 | -80.31% |
2001 | 34.1 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
DaVita DVA | 26.4 | -5.31% | ๐บ๐ธ USA |
HCA Healthcare HCA | 15.6 | -44.33% | ๐บ๐ธ USA |
Universal Health Services
UHS | 18.6 | -33.39% | ๐บ๐ธ USA |
Community Health Systems
CYH | 2.03 | -92.74% | ๐บ๐ธ USA |
Select Medical Holdings SEM | 21.4 | -23.43% | ๐บ๐ธ USA |
Pediatrix Medical Group MD | 6.91 | -75.27% | ๐บ๐ธ USA |
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.