Cardinal Health (STU:CLH) Forward PE Ratio : 13.00 (As of May. 10, 2024)

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What is Cardinal Health Forward PE Ratio?

Cardinal Health's Forward PE Ratio for today is 13.00.

Cardinal Health's PE Ratio without NRI for today is 13.66.

Cardinal Health's PE Ratio for today is 43.58.

Cardinal Health Forward PE Ratio Historical Data

The historical data trend for Cardinal Health's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cardinal Health Forward PE Ratio Chart

Cardinal Health Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-05

Forward PE Ratio

17.01

13.00

12.35

8.90

10.16

9.59

8.82

14.56

14.73

13.32

Cardinal Health Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	17.01	13.53	12.85	13.76	13.00	13.46	14.25	13.07	12.35	10.58	8.88	10.60	8.90	8.78	8.63	9.47	10.16	8.16	9.17	8.44	9.59	9.90	9.22	8.91	8.82	9.98	9.96	12.76	14.56	12.02	14.06	13.12	14.73	14.35

Competitive Comparison of Cardinal Health's Forward PE Ratio

For the Medical Distribution subindustry, Cardinal Health's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cardinal Health's Forward PE Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Cardinal Health's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Cardinal Health's Forward PE Ratio falls into.

Cardinal Health Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Cardinal Health (STU:CLH) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Cardinal Health Forward PE Ratio Related Terms

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Cardinal Health (STU:CLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Cardinal Health Inc (STU:CLH) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

CAH:USA CAH:Mexico CLH:Germany C1AH34:Brazil CAH:Argentina

Address

7000 Cardinal Place, Dublin, OH, USA, 43017

Website

https://www.cardinalhealth.com

Cardinal Health is one of three leading pharmaceutical wholesalers in the U.S., engaged in sourcing and distributing of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with Cencora and McKesson, the three comprise well over 90% of the U.S. pharmaceutical wholesale industry. Cardinal Health also supplies medical-surgical products and equipment to healthcare facilities in North America, Europe, and Asia.