Alignment Healthcare, Inc.

Alignment Healthcare, Inc.verified

ALHC

Price:

$9.5

Market Cap:

$1.82B

Alignment Healthcare, Inc., a tech-enabled Medicare advantage company, operates consumer-centric health care platform. It provides customized health care in the United States to seniors and those who need it through its Medicare advantage plans. The company owns Medicare advantage plans in the states of California, North Carolina, and Nevada. It also coordinates and provides covered health care services, including professional, institutional, and ancillary services to members enrolled in certain benefit plans of unaffiliated Medicare Advantage Health Maintenance Organizations. The company was founded in 2013 and is based in Orange, California.[Read more]

Industry

Medical - Healthcare Plans

IPO Date

2021-03-26

Stock Exchange

NASDAQ

Ticker

ALHC

The PE Ratio as of September 2024 (TTM) for Alignment Healthcare, Inc. (ALHC) is -11.87

According to Alignment Healthcare, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -11.87. This represents a change of 22.66% compared to the average of -9.68 of the last 4 quarters.

Alignment Healthcare, Inc. (ALHC) Historical PE Ratio (quarterly & annually)

How has ALHC PE Ratio performed in the past?

The mean historical PE Ratio of Alignment Healthcare, Inc. over the last ten years is -34.79. The current -11.87 PE Ratio has changed 3.31% with respect to the historical average. Over the past ten years (40 quarters), ALHC's PE Ratio was at its highest in in the June 2020 quarter at 78.70. The PE Ratio was at its lowest in in the March 2020 quarter at -65.36.

Quarterly (TTM)
Annual

Average

-34.79

Median

-14.24

Minimum

-82.86

Maximum

-10.83

Alignment Healthcare, Inc. (ALHC) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Alignment Healthcare, Inc. 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 = 51.51%

Maximum Annual PE Ratio = -10.83

Minimum Annual Increase = -86.30%

Minimum Annual PE Ratio = -82.86

Quarterly (TTM)
Annual
YearPE RatioChange
2023-10.83-23.94%
2022-14.2425.44%
2021-11.35-86.30%
2020-82.8651.51%

Alignment Healthcare, Inc. (ALHC) Average PE Ratio

How has ALHC PE Ratio performed in the past?

The current PE Ratio of Alignment Healthcare, Inc. (ALHC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-12.14

5-year avg

-34.79

10-year avg

-34.79

Alignment Healthcare, Inc. (ALHC) PE Ratio vs. Peers

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

Alignment Healthcare, Inc.’s PE Ratio is less than Bright Health Group, Inc. (-0.12), less than Molina Healthcare, Inc. (17.84), less than Clover Health Investments, Corp. (-9.89), less than Centene Corporation (13.29), less than Elevance Health Inc. (18.81), less than Humana Inc. (25.19), less than Cigna Corporation (42.45), less than Oscar Health, Inc. (223.45), less than UnitedHealth Group Incorporated (38.98), less than CVS Health Corporation (10.09),

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