CareRx (TSX:CRRX) Forward PE Ratio

: 232.56 (As of Today)

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CareRx's Forward PE Ratio for today is 232.56.

CareRx's PE Ratio without NRI for today is 0.00.

CareRx's PE Ratio for today is 0.00.

CareRx Forward PE Ratio Historical Data

The historical data trend for CareRx'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.

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CareRx Annual Data

Trend

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-11

2023-12

2024-04

Forward PE Ratio

31.06

17.33

38.61

44.25

51.55

95.24

140.85

46.08

227.27

CareRx Quarterly Data
	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-12	2020-03	2020-12	2021-03	2021-09	2021-12	2022-03	2023-09	2023-12	2024-03
Forward PE Ratio	32.68	31.06	74.07	178.57	25.97	17.33	15.34	9.50	16.58	38.61	42.02	44.25	28.17	51.55	113.64	70.42	95.24	172.41	50.25	46.08	416.67

Competitive Comparison

For the Medical Care Facilities subindustry, CareRx'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.

CareRx Forward PE Ratio Distribution

For the Healthcare Providers & Services industry and Healthcare sector, CareRx's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where CareRx's Forward PE Ratio falls into.

CareRx Forward PE Ratio Calculation

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.

CareRx (TSX:CRRX) 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 .

CareRx Forward PE Ratio Related Terms

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CareRx (TSX:CRRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » CareRx Corp (TSX:CRRX) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

CHHHF:USA

Address

320 Bay Street, Suite 1200, Toronto, ON, CAN, M5H 4A6

Website

https://www.carerx.ca

CareRx Corp is a provider of specialty pharmacy services to seniors. The company is a national organization with a large network of pharmacy fulfilment centers strategically located across the country. This allows it to deliver medications in a timely and cost-effective manner and quickly respond to routine changes in medication management. It takes an active role in working with its home operator partners to promote resident health, staff education, and medication system quality and efficiency. Geographically it derives revenue from the sales of goods and capitated service fees in Ontario and Western Canada.

CareRx (TSX:CRRX) Headlines

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