McKesson CorporationMCK

Where MCK's P/E ratio sits inside its own 10-year distribution, with the yearly high, low and average.

$980.88+20.32 (+2.12%)Previous close
NYSEHealthcare

MCK P/E ratio: current value, 10-year range and year-by-year history

26.2Above average

MCK's p/e ratio is higher than 65% of the last 10 years.

P/E ratio History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
MCK P/E ratio historyMCK P/E ratio from Oct 2023 to Oct 2026: low 17.38, high 32.58, latest 26.25.16.1620.5724.9829.3933.8Oct 23Jun 24Jan 25Aug 25Mar 26Oct 26med 25.29

MCK P/E ratio by year

Yearly range of MCK’s p/e ratio from 2016 to 2026. Over the full period it ranged from -102.5 to 2,248.8, averaging 83.6.

MCK P/E ratio — yearly low, average, high and year-end values
YearLowAverageHighYear-end
202618.923.428.626.2
202523.027.230.623.6
202421.425.532.626.1
202314.116.418.618.3
202224.134.546.726.6
2021-8.3-6.828.028.0
2020-35.09.832.1-6.5
2019-102.5498.72,248.8-28.3
2018-83.1197.7687.5-83.1
20175.89.418.17.4
201615.316.917.816.9

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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.

FormulaPrice / Earnings Per Share
Full guide
How to read this chart

The 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.

Key caveats
  • 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 MCK P/E ratio High or Low Right Now?

McKesson Corporation's P/E ratio is currently 26.2, which is above average relative to its 10-year historical range. The 10-year median P/E ratio for MCK is approximately 20.9. See all MCK valuation metrics →

Pro — up to 30-year history

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