Start with its own history
At 32.72×, MOH is 44.1% above its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · MOHMedical - Healthcare PlansUpdated Nov 5, 2026
Molina Healthcare, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
32.72×
44.1% abovethe 9-observation annual average
Share price226.42
÷Earnings per share6.92
Price and EPS in quote currency. Calculation details
Investors are paying 32.72 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 22.70×
3-year average17.64×3 positive annual observations
5-year average20.99×5 positive annual observations
10-year average22.70×9 positive annual observations
Peer median · TTM23.37×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 23 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 19.43× | +37.0% |
| Dec 31, 2024 | 14.18× | -26.6% |
| Dec 31, 2023 | 19.31× | -19.9% |
| Dec 31, 2022 | 24.10× | -13.6% |
| Dec 31, 2021 | 27.90× | +49.7% |
| Dec 31, 2020 | 18.64× | +62.8% |
| Dec 31, 2019 | 11.45× | +4.5% |
| Dec 31, 2018 | 10.95× | N/M |
View all 23 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | N/M | N/M |
| Dec 31, 2016 | 58.34× | +166.8% |
| Dec 31, 2015 | 21.87× | -45.7% |
| Dec 31, 2014 | 40.25× | +34.4% |
| Dec 31, 2013 | 29.96× | -76.8% |
| Dec 31, 2012 | 128.86× | +159.7% |
| Dec 31, 2011 | 49.62× | +258.1% |
| Dec 31, 2010 | 13.86× | -28.2% |
| Dec 31, 2009 | 19.30× | +146.6% |
| Dec 31, 2008 | 7.83× | -58.4% |
| Dec 31, 2007 | 18.83× | -5.3% |
| Dec 31, 2006 | 19.88× | -25.0% |
| Dec 31, 2005 | 26.51× | +18.3% |
| Dec 31, 2004 | 22.41× | +69.2% |
| Dec 31, 2003 | 13.24× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How MOH compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 MOH This stockMolina Healthcare, Inc. | 32.72× |
 CNCCentene Corp. | 25.68× |
 ALHCAlignment Healthcare, Inc. | 57.81× |
 HUMHumana Inc. | 39.19× |
 OSCROscar Health, Inc. | 20.58× |
 ELVElevance Health Inc. | 18.49× |
 UNHUnitedHealth Group Incorporated | 23.37× |
 CICigna Corporation | 12.59× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does MOH’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 23.37×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take MOH into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("MOH", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 226.42 ÷ EPS 6.92 = 32.72×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
MOH P/E ratio: common questions
The essentials behind the numbers.
Molina Healthcare, Inc.'s current P/E is 32.72× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.