Tenet Healthcare (MEX:THC) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Tenet Healthcare Forward PE Ratio Related Terms
Tenet Healthcare Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Tenet Healthcare's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tenet Healthcare Forward PE Ratio Chart
Tenet Healthcare Annual Data
Trend
2023-12
2024-12
2025-12
Forward PE Ratio
11.67
13.55
12.02
Tenet Healthcare Quarterly Data
2023-03
2023-06
2023-09
2023-12
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
10.57
14.14
12.08
11.67
17.04
12.79
13.55
10.22
13.79
11.24
12.02
11.67
MEX:THC vs DVA, EHC, ENSG: Forward PE Ratio Comparison
For the Medical Care Facilities subindustry, Tenet Healthcare's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tenet Healthcare Forward PE Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Tenet Healthcare's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Tenet Healthcare's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Tenet Healthcare (MEX:THC) has a Forward PE Ratio of 11.38 as of Jul. 11, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Tenet Healthcare and its competitors. According to the industry distribution chart, Tenet Healthcare ranks #69 out of 314 companies in the Healthcare Providers & Services industry, placing it in the top 22%.
Is Tenet Healthcare's Forward PE Ratio too high?
Tenet Healthcare's current Forward PE Ratio is 11.38. The Healthcare Providers & Services industry median Forward PE Ratio is 18.32. Tenet Healthcare's value of 11.38 is 37.9% below this industry median. Based on the distribution chart, Tenet Healthcare ranks #69 out of 314 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Tenet Healthcare has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Tenet Healthcare's Forward PE Ratio compare to DVA and EHC?
According to the Healthcare Providers & Services industry distribution chart, Tenet Healthcare ranks #69 out of 314 companies for Forward PE Ratio. This places Tenet Healthcare in the top 22% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 18.32. Tenet Healthcare's value of 11.38 is 37.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Healthcare Providers & Services company?
The median Forward PE Ratio among Healthcare Providers & Services companies is 18.32, based on 314 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tenet Healthcare's current Forward PE Ratio of 11.38 is 37.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Tenet Healthcare and its competitors. For the Healthcare Providers & Services industry, the median Forward PE Ratio is 18.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenet Healthcare's current Forward PE Ratio is 11.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenet Healthcare stock overvalued right now?
Tenet Healthcare (MEX:THC) has a current Forward PE Ratio of 11.38. The stock's GF Value™ is MXN2,826.23, compared to a current price of MXN3,547.50 — trading 25.5% above its estimated fair value. The current Forward PE Ratio is 11.38 and 37.9% below the Healthcare Providers & Services industry median of 18.32. Tenet Healthcare's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Tenet Healthcare (MEX:THC), the current Forward PE Ratio is 11.38 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tenet Healthcare (MEX:THC) Overvalued in 2026?
Based on GuruFocus' analysis, Tenet Healthcare stock appears to be overvalued.
The current stock price of MXN3,547.50 is trading 25.5% above its estimated GF Value™ of MXN2,826.23.
Key valuation signals for MEX:THC:
Forward PE Ratio: 11.38
GF Value™: MXN2,826.23 vs. price of MXN3,547.50 (25.5% above fair value)
Industry Position: 37.9% below the Healthcare Providers & Services median (#69 of 314)
No single metric tells the full story. See the MEX:THC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tenet Healthcare is a Dallas-based healthcare services organization. It operates acute and specialty hospitals (50 as of December 2025) and hundreds of ambulatory surgery centers and other outpatient facilities across the US, primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
75GF Score
Get the complete analysis for MEX:THC
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:THC has been successfully added to your 