AmerisourceBergen Stock is going strong over the last 12 months

The P/E Ratio of AmerisourceBergen Corporation’s (NYSE:ABC) looks pretty good. If you look at earnings over the last 12 months, AmerisourceBergen has a P/E ratio of 20.86.

The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

A higher P/E ratio means that investors pay a higher price for the earning power of the business.

AmerisourceBergen has a P/E ratio that is about the same as the healthcare industry average (22.1).

Recently, Huntington National Bank Acquires 5,558 Shares of lucrative AmerisourceBergen Corp. (NYSE:ABC). Huntington National Bank lifted its massive holdings in AmerisourceBergen Corp. by 19.4% in the 4th quarter. The clever institutional investor owned 34,139 shares of the company’s stock after acquiring an additional 5,558 shares during the period.

Other resourceful companies that also bought shares of ABC are: Northwest Investment Counselors LLC, Transamerica Financial Advisors Inc., FinTrust Capital Advisors LLC, Citizens Financial Group Inc RI and Point72 Asset Management L.P.

AmerisourceBergen Corporation is an American drug wholesale company that was formed by the merger of Bergen Brunswig and AmeriSource in 2001. The stock of the company is: ABC (NYSE). The company headquarters are inChesterbrook, Pennsylvania, USA. The CEO is Steven H. Collis (From 2011). The company revenue in 2018 was 167.9 billion USD (of which $1.66 billion was profit). The company website is amerisourcebergen.com.

Here are the AmerisourceBergen Subsidiaries:

MWI Veterinary Supply
World Courier Group, Inc.
H. D. Smith
AmerisourceBergen Specialty Group
The Lash Group, LLC
Xcenda, LLC
Innomar Strategies Inc.
PharMerica
PharMEDium Healthcare Holdings, Inc.
ASD Healthcare
Amerisource Health Services Corp
AmerisourceBergen Specialty Canada Inc.
US Bioservices Corporation
TheraCom, LLC
BP Pharmaceuticals Laboratories Company
Pharmacy Healthcare Solutions
AmerisourceBergen Technology Group
AmerisourceBergen Drug Corp
AmeriSource Health Corporation
ASD Specialty Healthcare, Inc
MedSelect
Amerisource Heritage Corporation
Amerisource Receivables Financial Corporation
International Physician Networks LLC
AmerisourceBergen Holding Corporation
MWI Veterinary Supply Co
Integrated Commercialization Solutions, Inc.
International Oncology Network Solutions, Inc.
PharMEDium Services, LLC
IntrinsiQ, LLC
AmerisourceBergen Services Corporation
AmerisourceBergen Consulting Services
I.g.G. of America, Inc.
J.M. Blanco, Inc.
IHS Acquisition XXX, Inc.
Profarma Specialty S.A.
Premier Pharmacy Inc.
Liberty Acquisition Corp
Medical Initiatives, Inc.
Specialty Pharmacy Inc.
Choice Systems, Inc.
MDP Properties Inc.
Goot's Goodies Inc.
AutoMed Technologies (Canada), Inc.
BBC Operating Sub, Inc.
Insta Care Holdings Inc
Amerisource Receivables Corp.
Home Medical Equipment Health Company
James Brudnick Company Inc.
Stadt Solutions LLC
Pharmacy Corporation of America-Massachusetts, Inc.