Centene Corporation

CNC Healthcare Healthcare Plans

Centene Corporation’s revenue for fiscal 2025 (year ended December 2025) was $194.8 billion, up 19.4% from fiscal 2024. In the quarter to June 2026, revenue grew 9.92%, EPS grew 533.3%, free cash flow grew 116.6% and total debt fell 8.37%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years.

69.16 1.35 −1.91%
Market cap
$34.8B
P/E
0.0×
Fwd P/E
24.8×
Dividend yield
—
F-score
5/9
Altman Z
2.64
Beneish M
−3.07
Dividend safety
n/a

Centene Corporation (CNC) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Centene Corporation (CNC) trades at a P/B ratio of 1.5×. Over the past ten years it has ranged from 0.5× (August 2025) to 5.3× (June 2015); the current reading is higher than 37% of that period. That is below the Healthcare Plans industry median of 2.6× and below the Healthcare sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.0× (15.08%)
FY2024 1.2× (25.89%)
FY2023 1.6× (15.15%)
FY2022 1.9× 6.40%
FY2021 1.8× 34.69%
FY2020 1.3× (35.55%)
FY2019 2.1× 0.53%
FY2018 2.0× (20.74%)
FY2017 2.6× 63.65%
FY2016 1.6× (56.45%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.4× 86.93%
Mar 2026 0.7× (26.03%)
Dec 2025 1.0× 21.57%
Sep 2025 0.8× (14.50%)
42 more quarters

Against its own ten years

Low 0.5× High 5.3×
Ten-year median 1.7×
Current reading's percentile 40

P/B ratio against peers

Company P/B ratio
CVS CVS Health Corporation compare 1.5×
CNC Centene Corporation 1.5×
CI Cigna Group compare 1.9×
ELV Elevance Health, Inc. compare 2.1×
MOH Molina Healthcare, Inc compare 2.5×
HUM Humana Inc. compare 2.6×
UNH UnitedHealth Group Incorporated compare 3.5×
OSCR Oscar Health, Inc. compare 4.7×
CLOV Clover Health Investments, Corp. compare 6.2×
Healthcare Plans industry median 2.6×
Healthcare sector median 2.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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