• Return to Headlines

Highest Forward P/E Ratio in the Managed Health Care Industry Detected in Shares of Healthequity Inc (HQY, MOH, WCG, HUM, UNH)

By David Diaz

Below are the three companies in the Managed Health Care industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Healthequity Inc ranks highest with a a forward P/E ratio of 49.80. Molina Healthcar is next with a a forward P/E ratio of 26.85. Wellcare Health ranks third highest with a a forward P/E ratio of 22.86.

Humana Inc follows with a a forward P/E ratio of 17.63, and Unitedhealth Grp rounds out the top five with a a forward P/E ratio of 17.03.

SmarTrend recommended that subscribers consider buying shares of Humana Inc on June 21st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $265.39. Since that recommendation, shares of Humana Inc have risen 14.9%. We continue to monitor Humana Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio healthequity inc molina healthcar wellcare health humana inc unitedhealth grp

Ticker(s): HQY MOH WCG HUM UNH