Stock Analysis on Net

IQVIA Holdings Inc. (NYSE:IQV)

$22.49

This company has been moved to the archive! The financial data has not been updated since November 1, 2023.

Price to Operating Profit (P/OP)
since 2013

Microsoft Excel

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Calculation

IQVIA Holdings Inc., P/OP, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of IQVIA Holdings Inc. Annual Report.


Share Price Trend
The share price demonstrated a consistent upward trajectory from 2014 through 2022, increasing from $52.20 to a peak of $232.18. The greatest annual increases occurred between 2017 and 2018, and 2021 and 2022. However, a slight decline was observed in 2023, where the price decreased to $227.03 from $232.18 the previous year.
Operating Profit Per Share (OPPS)
The operating profit per share showed a generally positive growth trend over the period. Starting at $3.56 in 2014, OPPS rose steadily to $5.42 by 2016, before experiencing a notable dip to $2.72 in 2017. From 2017 onward, the metric increased continuously, peaking at $9.69 in 2023, indicating improved operational efficiency or profitability in recent years.
Price to Operating Profit (P/OP) Ratio
The P/OP ratio exhibited varied dynamics over the years. Initially, it decreased from 14.66 in 2014 to a low of 10.89 in 2016, suggestive of the stock becoming more attractively valued relative to its operating profits. From 2017, the ratio spiked sharply, reaching a high of 50.41 in 2021, implying elevated market expectations or price appreciation beyond operating profit growth. Subsequently, it declined to 23.44 by 2023, reflecting a partial normalization or correction in the valuation relative to operating profits.
Overall Analysis
The data reveals strong capital growth in the share price over the ten-year span, aligned with a general improvement in operating profit per share, despite some volatility in intermediate years. The fluctuations in the P/OP ratio suggest periods of changing market sentiment and valuation adjustments, with a peak around 2021 followed by a notable correction. The recent years indicate a phase of valuation realignment concurrent with significant gains in operating profitability.

Comparison to Competitors

IQVIA Holdings Inc., P/OP, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31).