Stock Analysis on Net

McKesson Corp. (NYSE:MCK)

$22.49

This company has been moved to the archive! The financial data has not been updated since October 27, 2016.

Price to Earnings (P/E)
since 2005

Microsoft Excel

Paying user area


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

McKesson Corp., P/E, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-03-31), 10-K (reporting date: 2008-03-31), 10-K (reporting date: 2007-03-31), 10-K (reporting date: 2006-03-31), 10-K (reporting date: 2005-03-31).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of McKesson Corp. Annual Report.


The financial data reveals several notable trends over the analyzed period. The share price experienced considerable fluctuations with an overall upward trajectory from 2005 to 2016, rising from $37.68 to a peak of $229.55 in 2015 before declining to $172.70 in 2016. This suggests periods of strong market confidence intermixed with some volatility in the most recent year.

Earnings per share (EPS) showed a significant improvement during the same timeframe. Initially negative at -$0.52 in 2005, EPS turned positive and consistently increased, reaching $10.03 by 2016. The transition from a loss to sustained profitability indicates effective operational and financial strategies that enhanced earnings power over time.

The Price-to-Earnings (P/E) ratio exhibited variation, reflecting the interplay between market valuation and earnings growth. Starting without data in 2005, it moved in a range from around 12.59 in 2009 to a high of 36.01 in 2015 before declining to 17.21 in 2016. Peaks in P/E ratio correspond with heightened market optimism, particularly in 2014 and 2015, while the subsequent decrease could imply market correction or more tempered expectations relative to earnings growth.

Overall, the data indicates sustained improvement in underlying earnings performance accompanied by a generally positive but fluctuating market valuation of the company’s shares. The divergence between the high P/E levels in the mid-2010s and the later reversion suggests careful attention to market sentiment is warranted alongside earnings trends.


Comparison to Competitors

McKesson Corp., P/E, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-03-31), 10-K (reporting date: 2008-03-31), 10-K (reporting date: 2007-03-31), 10-K (reporting date: 2006-03-31), 10-K (reporting date: 2005-03-31).


Comparison to Sector (Health Care Equipment & Services)

McKesson Corp., P/E, long-term trends, comparison to sector (health care equipment & services)

Microsoft Excel

Based on: 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-03-31), 10-K (reporting date: 2008-03-31), 10-K (reporting date: 2007-03-31), 10-K (reporting date: 2006-03-31), 10-K (reporting date: 2005-03-31).


Comparison to Industry (Health Care)

McKesson Corp., P/E, long-term trends, comparison to industry (health care)

Microsoft Excel

Based on: 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-03-31), 10-K (reporting date: 2008-03-31), 10-K (reporting date: 2007-03-31), 10-K (reporting date: 2006-03-31), 10-K (reporting date: 2005-03-31).