Laboratory Corporation of America Holdings

Laboratory Corporation of America Holdingsverified

LH

Price:

$204.58

Market Cap:

$17.24B

Laboratory Corporation of America Holdings operates as a global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. It operates in two segments, Labcorp Diagnostics (Dx) and Labcorp Drug Development (DD). It offers various tests, such as blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, PAP tests, hemoglobin A1C and vitamin D, prostate-specific antigens, tests for sexually transmitted diseases, hepatitis C tests, microbiology cultures and procedures, and alcohol and other substance-abuse tests. The company also provides specialty testing services compris...[Read more]

Industry

Medical - Diagnostics & Research

IPO Date

1990-03-29

Stock Exchange

NYSE

Ticker

LH

The PE Ratio as of July 2024 (TTM) for Laboratory Corporation of America Holdings (LH) is 43.62

According to Laboratory Corporation of America Holdings’s latest financial reports and current stock price. The company's current PE Ratio is 43.62. This represents a change of 345.51% compared to the average of 9.79 of the last 4 quarters.

Laboratory Corporation of America Holdings (LH) Historical PE Ratio (quarterly & annually)

How has LH PE Ratio performed in the past?

The mean historical PE Ratio of Laboratory Corporation of America Holdings over the last ten years is 17.93. The current 43.62 PE Ratio has changed 24.23% with respect to the historical average. Over the past ten years (40 quarters), LH's PE Ratio was at its highest in in the March 2015 quarter at 3.56K. The PE Ratio was at its lowest in in the December 2023 quarter at -28.87.

Quarterly (TTM)
Annual

Average

17.93

Median

14.89

Minimum

10.93

Maximum

47.36

Laboratory Corporation of America Holdings (LH) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Laboratory Corporation of America Holdings 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 = 228.73%

Maximum Annual PE Ratio = 47.36

Minimum Annual Increase = -36.69%

Minimum Annual PE Ratio = 10.93

Quarterly (TTM)
Annual
YearPE RatioChange
202347.36228.73%
202214.4131.22%
202110.980.42%
202010.93-36.69%
201917.2738.66%
201812.4612.57%
201711.06-28.35%
201615.44-35.72%
201524.0256.22%
201415.3831.16%

Laboratory Corporation of America Holdings (LH) Average PE Ratio

How has LH PE Ratio performed in the past?

The current PE Ratio of Laboratory Corporation of America Holdings (LH) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

24.25

5-year avg

20.19

10-year avg

17.93

Laboratory Corporation of America Holdings (LH) PE Ratio vs. Peers

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

Laboratory Corporation of America Holdings’s PE Ratio is greater than Quest Diagnostics Incorporated (18.43), greater than Waters Corporation (28.09), greater than Universal Health Services, Inc. (14.89), greater than Humana Inc. (22.41), greater than Hologic, Inc. (37.47),

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