Tenet Healthcare Corporation
THC

$15 B
Marketcap
$156.57
Share price
Country
$-0.17
Change (1 day)
$171.20
Year High
$51.04
Year Low

Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates in three segments: Hospital Operations and Other, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; quaternary care services in heart and kidney transplants; and limb-salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging, and telemedicine access services. In addition, it operates ambulatory surgery and urgent care centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals; and offers healthcare business process services in the areas of hospital and physician revenue cycle management, patient communications and engagement support, and value-based care solutions to hospitals, health systems, physician practices, employers, and other customers. As of February 09, 2022, the company operated 60 hospitals; and approximately 550 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care and imaging centers, and other care sites and clinics. Tenet Healthcare Corporation was incorporated in 1975 and is headquartered in Dallas, Texas.

marketcap

P/E ratio for Tenet Healthcare Corporation (THC)

P/E ratio as of 2023: 12.57

According to Tenet Healthcare Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.57. At the end of 2022 the company had a P/E ratio of 5.22.

P/E ratio history for Tenet Healthcare Corporation from 1986 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 12.57
2022 5.22
2021 5.91
2020 5.46
2019 27.50
2018 15.77
2017 -2.17
2016 -7.68
2015 -21.46
2014 412.96
2013 -31.95
2012 22.26
2011 29.32
2010 2.83
2009 13.84
2008 21.91
2007 -27.02
2006 -4.09
2005 -5.07
2004 -1.94
2003 -5.07
2002 0.00
2001 30.35
2000 26.47
1999 30.58
1998 41.13
1997 -32.90
1996 12.69
1995 16.06
1994 -6.43
1993 9.89
1992 23.53
1991 13.61
1990 11.84
1989 15.94
1988 11.93
1987 32.45
1986 20.33