CNC P/E ratio: current value, 10-year range and year-by-year history
Cash & Leverage
CNC's p/e ratio is lower than 95% of the last 10 years.
P/E ratio History
CNC P/E ratio by year
Yearly range of CNC’s p/e ratio from 2016 to 2026. Over the full period it ranged from -6.6 to 68.4, averaging 20.0.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | -6.6 | -4.4 | -2.3 | -6.4 |
| 2025 | -3.8 | 5.5 | 14.0 | -3.0 |
| 2024 | 9.7 | 13.7 | 16.4 | 9.7 |
| 2023 | 12.7 | 22.4 | 39.3 | 16.7 |
| 2022 | 21.5 | 30.2 | 38.8 | 23.9 |
| 2021 | 14.2 | 37.9 | 68.4 | 36.3 |
| 2020 | 14.5 | 22.9 | 36.7 | 19.5 |
| 2019 | 13.3 | 19.9 | 28.3 | 20.0 |
| 2018 | 18.2 | 23.4 | 30.5 | 24.8 |
| 2017 | 16.9 | 19.4 | 22.7 | 20.6 |
| 2016 | 19.6 | 23.5 | 27.5 | 21.8 |
Get notified when CNC P/E ratio crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.
Price / Earnings Per ShareThe chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.
- Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
- A falling P/E trend may signal a business in structural decline, not a buying opportunity.
Is CNC P/E ratio High or Low Right Now?
Centene Corporation's P/E ratio is currently -6.4, which is near historic low relative to its 10-year historical range. The 10-year median P/E ratio for CNC is approximately 19.3. See all CNC valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.