For context, the longer-term P/E ratio for the past 12 months of the S & P 500 is about 21 times trailing earnings.
That compares to a five-year average P/E ratio of 19.87.
The life insurer's 12-month trailing P/E ratio came in at 31.99, compared to its five-year average P/E ratio of 13.62.
For context, the longer-term P/E ratio for the past 12 months of the S&P 500 is about 21 times trailing earnings.
The life insurer's 12-month trailing P/E ratio came in at 31.99, compared to its five-year average P/E ratio of 13.62.
Persons:
JPMorgan's Marko Kolanovic, David Vogt, Tyson Foods, Jefferies, Henry Schein, Michael Bloom, Darla Mercado, Angela Weiss, HSIC Henry Schein, MOH
Organizations:
Treasury, Federal Reserve, CNBC Pro, IBM, UBS, Premier U.S, Tyson, Prudential Financial, Jefferies, Prudential, CNBC, Hewlett Packard Enterprise, Molina Healthcare, Pinnacle West, Traders, New York Stock Exchange, AFP, Getty, Business Machines Corp, Healthcare, Progressive Corp, Pinnacle West Capital Corp, TSN Tyson Foods, Business Machines Corp IBM, Target Premier U.S, Tyson Foods Inc TSN, Prudential Financial Inc