• Return to Headlines

Relatively Low P/E Ratio Detected in Shares of McKesson in the Health Care Distributors Industry (MCK, ABC, ACET, OMI, CAH)

By Nick Russo

Below are the three companies in the Health Care Distributors industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

McKesson ranks lowest with a a P/E ratio of 12.37. Following is AmerisourceBergen with a a P/E ratio of 14.55. Aceto ranks third lowest with a a P/E ratio of 14.97.

Owens & Minor follows with a a P/E ratio of 15.71, and Cardinal Health rounds out the bottom five with a a P/E ratio of 16.52.

SmarTrend is tracking the current trend status for Cardinal Health and will alert subscribers who have CAH in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest p/e ratio McKesson AmerisourceBergen aceto owens & minor Cardinal Health

Ticker(s): MCK ABC ACET OMI CAH