Stock Analysis on Net

Express Scripts Holding Co. (NASDAQ:ESRX)

This company has been moved to the archive! The financial data has not been updated since October 31, 2018.

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

Microsoft Excel

Historical Valuation Ratios (Summary)

Express Scripts Holding Co., historical price multiples (quarterly data)

Microsoft Excel
Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Price to earnings (P/E) 11.16 8.96 9.05 9.82 9.20 10.31 11.66 12.39 15.75 18.19 18.21 18.52 24.88 28.31 30.09 31.40 28.33 28.30 30.52 32.44
Price to operating profit (P/OP) 10.23 7.85 7.70 8.08 6.19 6.79 7.67 8.29 8.95 10.66 10.47 10.57 13.97 16.06 17.15 17.50 15.65 14.84 16.07 16.85
Price to sales (P/S) 0.54 0.42 0.42 0.44 0.33 0.36 0.40 0.42 0.43 0.48 0.46 0.45 0.56 0.61 0.62 0.62 0.54 0.50 0.54 0.57
Price to book value (P/BV) 2.66 2.16 2.26 2.45 2.09 2.29 2.51 2.60 2.77 3.17 3.14 2.64 3.44 3.95 3.10 3.14 2.71 2.45 2.51 2.74 2.17 2.28 2.02

Based on: 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Express Scripts Holding Co. P/E ratio decreased from Q1 2018 to Q2 2018 but then increased from Q2 2018 to Q3 2018 exceeding Q1 2018 level.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Express Scripts Holding Co. P/OP ratio increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Express Scripts Holding Co. P/S ratio increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Express Scripts Holding Co. P/BV ratio decreased from Q1 2018 to Q2 2018 but then increased from Q2 2018 to Q3 2018 exceeding Q1 2018 level.

Price to Earnings (P/E)

Express Scripts Holding Co., historical P/E calculation (quarterly data)

Microsoft Excel
Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
No. shares of common stock outstanding1 563,860,000 562,229,000 561,721,000 564,347,000 566,373,000 577,549,000 593,527,000 605,720,000 616,621,000 630,219,000 632,536,000 668,046,000 676,276,000 675,731,000 729,291,000 726,898,000 733,910,000 745,450,000 773,580,000 776,032,000 805,806,000 814,198,000 817,529,000
Selected Financial Data (US$)
Net income attributable to Express Scripts (in thousands) 1,071,600 877,300 623,200 2,327,600 841,700 801,800 546,300 1,434,700 722,900 720,700 526,100 773,500 661,700 600,100 441,100 581,800 582,300 515,200 328,300 501,900 426,700 543,000 373,000
Earnings per share (EPS)2 8.69 8.31 8.18 8.00 6.40 6.07 5.77 5.62 4.45 4.26 4.05 3.71 3.38 3.26 2.91 2.76 2.63 2.38 2.33 2.38 0.00 0.00 0.00
Share price1, 3 96.97 74.44 74.05 78.64 58.85 62.56 67.25 69.63 70.07 77.39 73.72 68.65 84.05 92.38 87.50 86.72 74.41 67.28 71.01 77.12 63.74 66.93 58.44
Valuation Ratio
P/E ratio4 11.16 8.96 9.05 9.82 9.20 10.31 11.66 12.39 15.75 18.19 18.21 18.52 24.88 28.31 30.09 31.40 28.33 28.30 30.52 32.44
Benchmarks
P/E Ratio, Competitors5
Abbott Laboratories
Cigna Group
CVS Health Corp.
Elevance Health Inc.
Humana Inc.
Intuitive Surgical Inc.
Medtronic PLC
Shockwave Medical Inc.
UnitedHealth Group Inc.

Based on: 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2018 Calculation
EPS = (Net income attributable to Express ScriptsQ3 2018 + Net income attributable to Express ScriptsQ2 2018 + Net income attributable to Express ScriptsQ1 2018 + Net income attributable to Express ScriptsQ4 2017) ÷ No. shares of common stock outstanding
= (1,071,600,000 + 877,300,000 + 623,200,000 + 2,327,600,000) ÷ 563,860,000 = 8.69

3 Closing price as at the filing date of Express Scripts Holding Co. Quarterly or Annual Report.

4 Q3 2018 Calculation
P/E ratio = Share price ÷ EPS
= 96.97 ÷ 8.69 = 11.16

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Express Scripts Holding Co. P/E ratio decreased from Q1 2018 to Q2 2018 but then increased from Q2 2018 to Q3 2018 exceeding Q1 2018 level.

Price to Operating Profit (P/OP)

Express Scripts Holding Co., historical P/OP calculation (quarterly data)

Microsoft Excel
Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
No. shares of common stock outstanding1 563,860,000 562,229,000 561,721,000 564,347,000 566,373,000 577,549,000 593,527,000 605,720,000 616,621,000 630,219,000 632,536,000 668,046,000 676,276,000 675,731,000 729,291,000 726,898,000 733,910,000 745,450,000 773,580,000 776,032,000 805,806,000 814,198,000 817,529,000
Selected Financial Data (US$)
Operating income (in thousands) 1,488,600 1,312,200 961,600 1,582,400 1,478,400 1,378,600 1,054,600 1,474,700 1,416,000 1,256,300 940,800 1,213,800 1,166,200 1,132,700 826,600 942,800 984,400 966,000 709,200 828,800 875,500 1,004,300 843,100
Operating profit per share2 9.48 9.49 9.62 9.74 9.51 9.22 8.76 8.40 7.83 7.26 7.04 6.50 6.02 5.75 5.10 4.96 4.75 4.53 4.42 4.58 0.00 0.00 0.00
Share price1, 3 96.97 74.44 74.05 78.64 58.85 62.56 67.25 69.63 70.07 77.39 73.72 68.65 84.05 92.38 87.50 86.72 74.41 67.28 71.01 77.12 63.74 66.93 58.44
Valuation Ratio
P/OP ratio4 10.23 7.85 7.70 8.08 6.19 6.79 7.67 8.29 8.95 10.66 10.47 10.57 13.97 16.06 17.15 17.50 15.65 14.84 16.07 16.85
Benchmarks
P/OP Ratio, Competitors5
Abbott Laboratories
Cigna Group
CVS Health Corp.
Elevance Health Inc.
Humana Inc.
Intuitive Surgical Inc.
Medtronic PLC
Shockwave Medical Inc.
UnitedHealth Group Inc.

Based on: 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2018 Calculation
Operating profit per share = (Operating incomeQ3 2018 + Operating incomeQ2 2018 + Operating incomeQ1 2018 + Operating incomeQ4 2017) ÷ No. shares of common stock outstanding
= (1,488,600,000 + 1,312,200,000 + 961,600,000 + 1,582,400,000) ÷ 563,860,000 = 9.48

3 Closing price as at the filing date of Express Scripts Holding Co. Quarterly or Annual Report.

4 Q3 2018 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 96.97 ÷ 9.48 = 10.23

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Express Scripts Holding Co. P/OP ratio increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.

Price to Sales (P/S)

Express Scripts Holding Co., historical P/S calculation (quarterly data)

Microsoft Excel
Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
No. shares of common stock outstanding1 563,860,000 562,229,000 561,721,000 564,347,000 566,373,000 577,549,000 593,527,000 605,720,000 616,621,000 630,219,000 632,536,000 668,046,000 676,276,000 675,731,000 729,291,000 726,898,000 733,910,000 745,450,000 773,580,000 776,032,000 805,806,000 814,198,000 817,529,000
Selected Financial Data (US$)
Revenues (in thousands) 25,563,200 25,641,800 24,769,400 25,378,800 24,683,400 25,347,500 24,654,900 24,863,300 25,410,100 25,222,300 24,791,800 26,175,400 25,222,600 25,454,200 24,899,600 26,312,600 25,778,500 25,111,000 23,685,000 25,781,400 25,915,600 26,381,900 26,019,900
Sales per share2 179.75 178.71 178.34 177.31 175.77 173.62 168.74 165.57 164.77 160.92 160.69 152.31 150.66 151.61 140.00 138.79 136.74 134.81 131.55 134.14 0.00 0.00 0.00
Share price1, 3 96.97 74.44 74.05 78.64 58.85 62.56 67.25 69.63 70.07 77.39 73.72 68.65 84.05 92.38 87.50 86.72 74.41 67.28 71.01 77.12 63.74 66.93 58.44
Valuation Ratio
P/S ratio4 0.54 0.42 0.42 0.44 0.33 0.36 0.40 0.42 0.43 0.48 0.46 0.45 0.56 0.61 0.62 0.62 0.54 0.50 0.54 0.57
Benchmarks
P/S Ratio, Competitors5
Abbott Laboratories
Cigna Group
CVS Health Corp.
Elevance Health Inc.
Humana Inc.
Intuitive Surgical Inc.
Medtronic PLC
Shockwave Medical Inc.
UnitedHealth Group Inc.

Based on: 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2018 Calculation
Sales per share = (RevenuesQ3 2018 + RevenuesQ2 2018 + RevenuesQ1 2018 + RevenuesQ4 2017) ÷ No. shares of common stock outstanding
= (25,563,200,000 + 25,641,800,000 + 24,769,400,000 + 25,378,800,000) ÷ 563,860,000 = 179.75

3 Closing price as at the filing date of Express Scripts Holding Co. Quarterly or Annual Report.

4 Q3 2018 Calculation
P/S ratio = Share price ÷ Sales per share
= 96.97 ÷ 179.75 = 0.54

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Express Scripts Holding Co. P/S ratio increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.

Price to Book Value (P/BV)

Express Scripts Holding Co., historical P/BV calculation (quarterly data)

Microsoft Excel
Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
No. shares of common stock outstanding1 563,860,000 562,229,000 561,721,000 564,347,000 566,373,000 577,549,000 593,527,000 605,720,000 616,621,000 630,219,000 632,536,000 668,046,000 676,276,000 675,731,000 729,291,000 726,898,000 733,910,000 745,450,000 773,580,000 776,032,000 805,806,000 814,198,000 817,529,000
Selected Financial Data (US$)
Total Express Scripts stockholders’ equity (in thousands) 20,565,900 19,370,000 18,442,500 18,119,600 15,916,500 15,744,600 15,922,600 16,236,000 15,600,300 15,403,100 14,841,100 17,372,800 16,538,300 15,822,200 20,604,800 20,054,200 20,157,700 20,451,900 21,874,300 21,837,400 23,702,300 23,866,500 23,617,800
Book value per share (BVPS)2 36.47 34.45 32.83 32.11 28.10 27.26 26.83 26.80 25.30 24.44 23.46 26.01 24.45 23.41 28.25 27.59 27.47 27.44 28.28 28.14 29.41 29.31 28.89
Share price1, 3 96.97 74.44 74.05 78.64 58.85 62.56 67.25 69.63 70.07 77.39 73.72 68.65 84.05 92.38 87.50 86.72 74.41 67.28 71.01 77.12 63.74 66.93 58.44
Valuation Ratio
P/BV ratio4 2.66 2.16 2.26 2.45 2.09 2.29 2.51 2.60 2.77 3.17 3.14 2.64 3.44 3.95 3.10 3.14 2.71 2.45 2.51 2.74 2.17 2.28 2.02
Benchmarks
P/BV Ratio, Competitors5
Abbott Laboratories
Cigna Group
CVS Health Corp.
Elevance Health Inc.
Humana Inc.
Intuitive Surgical Inc.
Medtronic PLC 2.11 2.10 2.14
Shockwave Medical Inc.
UnitedHealth Group Inc.

Based on: 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2018 Calculation
BVPS = Total Express Scripts stockholders’ equity ÷ No. shares of common stock outstanding
= 20,565,900,000 ÷ 563,860,000 = 36.47

3 Closing price as at the filing date of Express Scripts Holding Co. Quarterly or Annual Report.

4 Q3 2018 Calculation
P/BV ratio = Share price ÷ BVPS
= 96.97 ÷ 36.47 = 2.66

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Express Scripts Holding Co. P/BV ratio decreased from Q1 2018 to Q2 2018 but then increased from Q2 2018 to Q3 2018 exceeding Q1 2018 level.