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Change Healthcare (Change Healthcare) Price-to-Owner-Earnings : (As of May. 05, 2024)


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What is Change Healthcare Price-to-Owner-Earnings?

As of today (2024-05-05), Change Healthcare's share price is $27.49. Change Healthcare does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for Change Healthcare's Price-to-Owner-Earnings or its related term are showing as below:


CHNG's Price-to-Owner-Earnings is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 20.72
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-05-05), Change Healthcare's share price is $27.49. Change Healthcare's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $-0.24. Therefore, Change Healthcare's PE Ratio for today is At Loss.

As of today (2024-05-05), Change Healthcare's share price is $27.49. Change Healthcare's EPS without NRI for the trailing twelve months (TTM) ended in was $-0.24. Therefore, Change Healthcare's PE Ratio without NRI for today is At Loss.


Change Healthcare Price-to-Owner-Earnings Historical Data

The historical data trend for Change Healthcare's Price-to-Owner-Earnings 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.

* Premium members only.

Change Healthcare Price-to-Owner-Earnings Chart

Change Healthcare Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Price-to-Owner-Earnings
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Change Healthcare Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of Change Healthcare's Price-to-Owner-Earnings

For the Health Information Services subindustry, Change Healthcare's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Change Healthcare's Price-to-Owner-Earnings Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Change Healthcare's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Change Healthcare's Price-to-Owner-Earnings falls into.



Change Healthcare Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Change Healthcare's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=27.49/0.00
=

* 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.


Change Healthcare  (NAS:CHNG) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Change Healthcare Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Change Healthcare's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Change Healthcare (Change Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
424 Church Street, Suite 1400, Nashville, TN, USA, 37219
Change Healthcare is a spinoff of various healthcare processing and consulting services acquired by McKesson over numerous years. Recently, these processing assets were contributed to a joint venture and in June 2019 public shares were issued with McKesson retaining the majority interest. As of the end of the March 2020 quarter, McKesson distributed all its interest in the public processor. Core services consist of insurance (healthcare) claim clearinghouse for healthcare payers in addition to administrative and consulting services to assist healthcare providers improve reimbursement coding, billing, and collections.
Executives
Tracy Byers officer: SVP and GM, Enterprise Imaging C/O CHANGE HEALTHCARE INC. 424 CHURCH STREET, SUITE 1400 NASHVILLE TN 37219
Steven B. Martin officer: EVP, Enterprise Technology 3055 LEBANON PIKE SUITE 1000 NASHVILLE TN 37214
Nella Domenici director C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Paul Rareshide officer: SVP, Corporate Controller C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Fredrik J Eliasson officer: EVP & CFO 500 WATER STREET, JACKSONVILLE FL 32202
De Crescenzo Neil E. director, officer: President & CEO C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Diana Mckenzie director METLIFE, 200 PARK AVENUE, NEW YORK NY 10166
Roderick H. O'reilly officer: See Remarks C/O CHANGE HEALTHCARE INC., 3055 LEBANON PIKE, SUITE 1000, NASHVILLE TN 37214
August Calhoun officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Thomas Mcenery officer: EVP & Chief Marketing Officer
Bansi Nagji director MCKESSON CORPORATION, 6555 STATE HIGHWAY 161, IRVING TX 75039
Alex P. Choy officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Linda Whitley-taylor officer: EVP & Chief People Officer C/O BENSON HILL, INC., 1001 NORTH WARSON ROAD, SAINT LOUIS MO 63132
Phillip W. Roe director 20 BURTON HILLS BOULEVARD SUITE 100 NASHVILLE TN 37215
Kriten Joshi officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214

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