Tenet Healthcare Corporation

Tenet Healthcare Corporationverified

THC

Price:

$143.63

Market Cap:

$13.66B

Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates in three segments: Hospital Operations and Other, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; quaternary care services in hear...[Read more]

Industry

Medical - Care Facilities

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

THC

The PE Ratio as of November 2024 (TTM) for Tenet Healthcare Corporation (THC) is 4.55

According to Tenet Healthcare Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 4.55. This represents a change of -33.52% compared to the average of 6.84 of the last 4 quarters.

Tenet Healthcare Corporation (THC) Historical PE Ratio (quarterly & annually)

How has THC PE Ratio performed in the past?

The mean historical PE Ratio of Tenet Healthcare Corporation over the last ten years is 45.41. The current 4.55 PE Ratio has changed 902.02% with respect to the historical average. Over the past ten years (40 quarters), THC's PE Ratio was at its highest in in the December 2019 quarter at 494.62. The PE Ratio was at its lowest in in the December 2018 quarter at -87.84.

Quarterly (TTM)
Annual

Average

45.41

Median

5.68

Minimum

-21.46

Maximum

412.96

Tenet Healthcare Corporation (THC) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Tenet Healthcare Corporation 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 = 140.96%

Maximum Annual PE Ratio = 412.96

Minimum Annual Increase = -1392.50%

Minimum Annual PE Ratio = -21.46

Quarterly (TTM)
Annual
YearPE RatioChange
202312.57140.96%
20225.22-11.71%
20215.918.22%
20205.46-80.15%
201927.5074.40%
201815.77-828.04%
2017-2.17-71.79%
2016-7.68-64.23%
2015-21.46-105.20%
2014412.96-1392.50%

Tenet Healthcare Corporation (THC) Average PE Ratio

How has THC PE Ratio performed in the past?

The current PE Ratio of Tenet Healthcare Corporation (THC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

7.90

5-year avg

11.33

10-year avg

45.41

Tenet Healthcare Corporation (THC) PE Ratio vs. Peers

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

Tenet Healthcare Corporation’s PE Ratio is less than Acadia Healthcare Company, Inc. (12.49), less than HCA Healthcare, Inc. (14.07), less than U.S. Physical Therapy, Inc. (110.97), less than DaVita Inc. (16.74), less than Universal Health Services, Inc. (12.84), less than AMN Healthcare Services, Inc. (18.61), greater than Brookdale Senior Living Inc. (-5.98), less than The Ensign Group, Inc. (34.63), less than The Pennant Group, Inc. (44.58), less than Select Medical Holdings Corporation (17.90), less than Encompass Health Corporation (23.92), greater than InnovAge Holding Corp. (-41.59), less than Addus HomeCare Corporation (30.16), greater than Surgery Partners, Inc. (-47.91),

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