Change Healthcare

Change Healthcare EV/EBIT

Delisted

The EV/EBIT (Enterprise Value to EBIT) of Change Healthcare (CHNG) as of Nov 3, 2026 is 65.97. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 90.19 — a change of -26.86% (lower).

EV/EBIT

65.97

YoY

-26.86%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Change Healthcare is 2022 65.97 . EV/EBIT (Enterprise Value to EBIT) of Change Healthcare was 2021 90.19 . It decreases by -26.86% lower compared to the previous year.

The Change Healthcare EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2017
-87.14 USD
Jan 1, 2018
-50,140.01 USD
Jan 1, 2019
-7,787.06 USD
Jan 1, 2020
-12.69 USD
Jan 1, 2021
90.19 USD
Jan 1, 2022
65.97 USD
Jan 1, 2026 (e)
15.69 USD
The Change Healthcare EV/EBIT history
YEAREV/EBITYoY
est15.69-76.22%
65.97-26.86%
90.19-810.69%
-12.69-99.84%
-7,787.06-84.47%
-50,140.01+57,442.22%
-87.14—

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Change Healthcare Valuation

Details

Historical Valuation Multiples

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Price-to-Earnings Ratio (P/E)

The P/E ratio divides Change Healthcare's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Change Healthcare's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Change Healthcare's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Change Healthcare grows earnings faster than its peers.

Change Healthcare Stock analysis

What does Change Healthcare do? Change Healthcare Inc is a US company that operates in the healthcare sector. The company was founded in 1986 under the name Emdeon and was renamed Change Healthcare Inc in 2017. Change Healthcare Inc specializes in various business areas that all aim to improve healthcare. One important area is healthcare billing. Change Healthcare Inc offers a comprehensive solution portfolio for billing and financial management that benefits both hospitals and clinics. Another key focus of Change Healthcare Inc is software development. Various applications are developed and provided to make everyday work in healthcare more efficient and easier. The software ranges from popular apps for scheduling appointments and doctor visits to complex management applications for hospitals and larger medical practices. Another important area where Change Healthcare Inc is active is data management. The company offers various solutions for the exchange, processing, and analysis of health data. Server-based solutions such as cloud-based databases provide opportunities for healthcare data analysis. This enables hospitals, medical centers, and doctors to collect and analyze data to make informed decisions. Change Healthcare Inc is also active in the pharmaceutical industry and supports companies in the development and management of their distribution channels. Modern marketing methods such as social media, influencer networks, and data analysis are also used to maximize the impact of campaigns. Another core business of Change Healthcare Inc is patient communication. The company offers a comprehensive range of patient engagement solutions to improve patient interactions and increase patient satisfaction. The focus is on patient benefits, such as easier appointment scheduling, improved communication, and personalized services. Change Healthcare Inc also offers advanced services in the field of artificial intelligence (AI). Different applications of AI, both in the clinical and financial healthcare environments, can contribute to optimizing healthcare in a forward-looking manner. Change Healthcare Inc has an impressive range of products. One highlight, for example, is the Imaging Center by Change Healthcare Inc, a cloud-based workflow solution for radiology. It supports doctors in the fast and reliable diagnosis of diseases in the body. State-of-the-art technologies such as machine learning and deep learning are used. In summary, Change Healthcare Inc operates a wide portfolio of products and services. They cover almost all areas of healthcare - from billing to data management, patient communication, and software development. The company is confident that it is able to optimize and modernize the entire healthcare sector through innovation and efficient solutions. Change Healthcare is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Change Healthcare stock

EV/EBIT (Enterprise Value to EBIT) of Change Healthcare is 65.97 in 2022.

EV/EBIT (Enterprise Value to EBIT) of Change Healthcare changed from 90.19 to 65.97, representing a -26.86% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Change Healthcare since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Change Healthcare with sector peers and the industry average to assess whether it is attractive.

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Valuation — Change Healthcare

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