$Premier (PINC.US)$In the past 5 years, revenue increased fo...
$Premier (PINC.US)$In the past 5 years, revenue increased for the first 3 years, shrank for the next 2 years, and increased slightly for the next 5 years. Operating profit fell to 260 million after reaching a high of 374 million in 2020, then fell to 240 million. Net profit was greatly affected by income from securities sales and equity income. In 2023, revenue from sales of securities fell sharply by 34.8% due to lack of securities sales.
Currently, the price-earnings ratio is 13.9. Considering the recent decline in revenue, there is a lack of investment value for the time being.
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