How should the CON historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?
✔️Accepted answer:
There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Concentra Group Holdings. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this CON Historical PE Ratio page.
What is the average historical PE for CON based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?
✔️Accepted answer:
The CON historical PE ratio using the annualized quarterly earnings method works out to 11.6.
What is the average historical PE for CON based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?
✔️Accepted answer:
The CON historical PE ratio using the TTM earnings method works out to NA.
On this page we presented the
CON Historical PE Ratio information for Concentra Group Holdings' stock.
The average CON historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 11.6. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average CON historical PE based on this TTM earnings result method is NA.
Let's now compare this CON historical PE result, against the recent PE: when this page was posted on 10/1/2024, the most recent closing price for CON had been 21.74, and the most recent quarterly earnings result, annualized, was 1.96. Meanwhile, the most recent TTM earnings summed to NA. From these numbers, we calculate the recent CON PE on 10/1/2024 based on annualized quarterly EPS was 11.1. Based on CON's history, that recent PE is low relative to the historical average, with the recent PE 4.3% lower than the historical average PE across our data set for Concentra Group Holdings.
For self directed investors doing their due diligence on CON or any other given stock, valuation analysis for CON
can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis
as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.
That's why we bring you
HistoricalPERatio.com to make it easy for investors to investigate
Concentra Group Holdings PE history or the past PE information for any stock in our coverage universe.
And in your continued research we hope you will be sure to check out the further links included for earnings
surprises history (beat/miss data) as well as next earnings dates for CON. Thanks for visiting, and the next
time you need to research
CON Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your
go-to historical PE ratio research resource of choice.