P/E ratio for McKesson (MCK)

P/E ratio history for McKesson from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Cardinal Health CAH	117	413.83%	🇺🇸 USA
AmerisourceBergen ABC	21.7	-4.55%	🇺🇸 USA
Henry Schein HSIC	20.3	-10.89%	🇺🇸 USA
Allscripts MDRX	19.2	-15.59%	🇺🇸 USA
Cerner CERN	47.5	108.66%	🇺🇸 USA
Computer Programs and Systems CPSI	27.8	22.44%	🇺🇸 USA
Owens & Minor OMI	-9.74	-142.84%	🇺🇸 USA
Patterson Companies PDCO	14.0	-38.51%	🇺🇸 USA
Premier PINC	14.3	-37.28%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.