Centene Corporation

Centene Corporationverified

CNC

Price:

$73.1

Market Cap:

$39.01B

Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. Its health plans include primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and X-ray, home-based primary care, ...[Read more]

Industry

Medical - Healthcare Plans

IPO Date

2001-12-13

Stock Exchange

NYSE

Ticker

CNC

The PE Ratio as of July 2024 (TTM) for Centene Corporation (CNC) is 14.42

According to Centene Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 14.42. This represents a change of -77.52% compared to the average of 64.14 of the last 4 quarters.

Centene Corporation (CNC) Historical PE Ratio (quarterly & annually)

How has CNC PE Ratio performed in the past?

The mean historical PE Ratio of Centene Corporation over the last ten years is 23.49. The current 14.42 PE Ratio has changed 6.04% with respect to the historical average. Over the past ten years (40 quarters), CNC's PE Ratio was at its highest in in the September 2018 quarter at 392.63. The PE Ratio was at its lowest in in the December 2020 quarter at -701.45.

Quarterly (TTM)
Annual

Average

23.49

Median

21.55

Minimum

14.92

Maximum

39.24

Centene Corporation (CNC) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Centene Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 88.15%

Maximum Annual PE Ratio = 39.24

Minimum Annual Increase = -61.98%

Minimum Annual PE Ratio = 14.92

Quarterly (TTM)
Annual
YearPE RatioChange
202314.92-61.98%
202239.2410.07%
202135.6588.15%
202018.95-3.71%
201919.68-21.28%
201825.0018.94%
201721.0230.99%
201616.04-27.33%
201522.08-0.96%
201422.2915.35%

Centene Corporation (CNC) Average PE Ratio

How has CNC PE Ratio performed in the past?

The current PE Ratio of Centene Corporation (CNC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

29.94

5-year avg

25.69

10-year avg

23.49

Centene Corporation (CNC) PE Ratio vs. Peers

How is CNC’s PE Ratio compared to its peers?

Centene Corporation’s PE Ratio is less than Humana Inc. (23.86), less than Elevance Health Inc. (18.31), less than UnitedHealth Group Incorporated (37.20), greater than CVS Health Corporation (10.50), greater than Alignment Healthcare, Inc. (-10.73), less than Cigna Corporation (43.69), less than Molina Healthcare, Inc. (18.27), greater than Oscar Health, Inc. (-68.33), greater than Bright Health Group, Inc. (-0.12),

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