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Healthequity Inc is Among the Companies in the Managed Health Care Industry With the Highest P/E Ratio (HQY, MOH, WCG, HUM, UNH)

By James Quinn

Below are the three companies in the Managed Health Care industry with the highest 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.

Healthequity Inc ranks highest with a a P/E ratio of 97.89. Following is Molina Healthcar with a a P/E ratio of 55.15. Wellcare Health ranks third highest with a a P/E ratio of 34.40.

Humana Inc follows with a a P/E ratio of 27.08, and Unitedhealth Grp rounds out the top five with a a P/E ratio of 25.17.

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

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