LH
Price:
$239.67
Market Cap:
$20.05B
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
According to Laboratory Corporation of America Holdings’s latest financial reports and current stock price. The company's current PE Ratio is 45.39. This represents a change of 358.44% compared to the average of 9.90 of the last 4 quarters.
The mean historical PE Ratio of Laboratory Corporation of America Holdings over the last ten years is 17.93. The current 45.39 PE Ratio has changed 25.21% 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.
Average
17.93
Median
14.89
Minimum
10.93
Maximum
47.36
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
Year | PE Ratio | Change |
---|---|---|
2023 | 47.36 | 228.73% |
2022 | 14.41 | 31.22% |
2021 | 10.98 | 0.42% |
2020 | 10.93 | -36.69% |
2019 | 17.27 | 38.66% |
2018 | 12.46 | 12.57% |
2017 | 11.06 | -28.35% |
2016 | 15.44 | -35.72% |
2015 | 24.02 | 56.22% |
2014 | 15.38 | 31.16% |
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’s PE Ratio is greater than Quest Diagnostics Incorporated (21.79), greater than Waters Corporation (35.58), greater than Universal Health Services, Inc. (12.84), greater than Humana Inc. (26.41), greater than Hologic, Inc. (23.38),
Company | PE Ratio | Market cap |
---|---|---|
21.79 | $18.26B | |
35.58 | $22.18B | |
12.84 | $11.62B | |
26.41 | $35.90B | |
23.38 | $18.34B |
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