Cardinal Health P/E 2024

Cardinal Health P/E

13.91

Cardinal Health Dividend yield

2.08 %

Ticker

CAH

ISIN

US14149Y1082

WKN

880206

As of May 31, 2024, Cardinal Health's P/E ratio was 13.91, a -83.39% change from the 83.74 P/E ratio recorded in the previous year.

The Cardinal Health P/E history

Cardinal Health Aktienanalyse

What does Cardinal Health do?

Cardinal Health Inc. is an American company operating in the healthcare sector. It was founded in 1971 and is headquartered in Dublin, Ohio. Cardinal Health's business model is based on manufacturing and distributing medical products and services that cover the entire spectrum of healthcare. The company is divided into three business segments: pharmaceutical, medical, and laboratory products. Cardinal Health offers a wide range of products, including prescription medications, medical devices, and laboratory supplies. It has become a major supplier to healthcare providers worldwide. Cardinal Health ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Cardinal Health's P/E Ratio

The Price to Earnings (P/E) Ratio of Cardinal Health is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Cardinal Health's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Cardinal Health is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Cardinal Health’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Cardinal Health Stock

What is the price-to-earnings ratio of Cardinal Health?

The price-earnings ratio of Cardinal Health is currently 13.91.

How has the price-earnings ratio of Cardinal Health changed compared to last year?

The price-to-earnings ratio of Cardinal Health has increased by -83.39% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Cardinal Health high compared to other companies?

Yes, the price-to-earnings ratio of Cardinal Health is high compared to other companies.

How does an increase in the price-earnings ratio of Cardinal Health affect the company?

An increase in the price-earnings ratio of Cardinal Health would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Cardinal Health affect the company?

A decrease in the price-earnings ratio of Cardinal Health would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Cardinal Health?

Some factors that influence the price-earnings ratio of Cardinal Health are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Cardinal Health pay?

Over the past 12 months, Cardinal Health paid a dividend of 2 USD . This corresponds to a dividend yield of about 2.08 %. For the coming 12 months, Cardinal Health is expected to pay a dividend of 1.96 USD.

What is the dividend yield of Cardinal Health?

The current dividend yield of Cardinal Health is 2.08 %.

When does Cardinal Health pay dividends?

Cardinal Health pays a quarterly dividend. This is distributed in the months of December, January, May, August.

How secure is the dividend of Cardinal Health?

Cardinal Health paid dividends every year for the past 25 years.

What is the dividend of Cardinal Health?

For the upcoming 12 months, dividends amounting to 1.96 USD are expected. This corresponds to a dividend yield of 2.04 %.

In which sector is Cardinal Health located?

Cardinal Health is assigned to the 'Health' sector.

Wann musste ich die Aktien von Cardinal Health kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cardinal Health from 7/15/2024 amounting to 0.506 USD, you needed to have the stock in your portfolio before the ex-date on 7/1/2024.

When did Cardinal Health pay the last dividend?

The last dividend was paid out on 7/15/2024.

What was the dividend of Cardinal Health in the year 2023?

In the year 2023, Cardinal Health distributed 1.978 USD as dividends.

In which currency does Cardinal Health pay out the dividend?

The dividends of Cardinal Health are distributed in USD.

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Andere Kennzahlen von Cardinal Health

Our stock analysis for Cardinal Health Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cardinal Health Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.