Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 37.42 is 45% below its 5-year average of 68.61, near the low end of its 5-year range (33.69–148.69).
As of 2026-09-12T00:15:47.195Z. 16.83% below its 12-month average of 44.99.
Calculation as of: 2026-09-12T00:15:47.195Z.
Quote observation: 2026-09-11T19:59:59.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: c2186f3e8d8cc9b98f4d41931b78e0992720c589cdf8ff3fb9bb892650bbee9f
PE Ratio (37.42) = Close Price ($1115.25) / Diluted TTM EPS ($29.80)
PE RATIO
37.42
PE RATIO AVG TTM
44.99
PE RATIO AVG 3Y
79.96
PE RATIO AVG 5Y
68.61
PE RATIO AVG 10Y
48.74
PE RATIO AVG 15Y
35.61
PE RATIO AVG 20Y
30.67
CURRENT VS TTM AVG
-16.83%
CURRENT VS 3Y AVG
-53.20%
CURRENT VS 5Y AVG
-45.46%
CURRENT VS 10Y AVG
-23.23%
CURRENT VS 15Y AVG
+5.09%
CURRENT VS 20Y AVG
+22.01%
SECTOR MEDIAN · HEALTHCARE
27.27
median of 75 covered companies
CURRENT VS SECTOR MEDIAN
+37.22%
vs the sector median at left
Market Cap
$344.27B
PE Ratio
24.38
TTM Avg
22.05
3Y Avg
25.06
5Y Avg
25.46
Market Cap
$226.62B
PE Ratio
32.80
TTM Avg
30.21
3Y Avg
32.10
5Y Avg
31.41
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Eli Lilly and Company (LLY) | $1.05T | 37.42 | 44.99 | 79.96 | 68.61 |
| Johnson & Johnson (JNJ)vs › | $640.02B | 30.77 | 23.66 | 19.46 | 21.98 |
| AbbVie Inc. (ABBV)vs › | $454.17B | 72.43 | 119.42 | 81.10 | 58.87 |
| Merck & Co., Inc. (MRK)vs › | $355.49B | 115.15 | 28.88 | 95.90 | 67.06 |
| UnitedHealth Group Incorporated (UNH)vs › | $344.27B | 24.38 | 22.05 | 25.06 | 25.46 |
| Roche Holding AG (RHHBY)vs › | $336.71B | N/A | N/A | N/A | N/A |
| AstraZeneca PLC (AZN)vs › | $248.40B | 24.05 | 28.96 | 33.90 | 64.77 |
| Thermo Fisher Scientific Inc. (TMO)vs › | $226.62B | 32.80 | 30.21 | 32.10 | 31.41 |
| Amgen Inc. (AMGN)vs › | $203.66B | 23.45 | 25.13 | 30.40 | 26.59 |
| Novo Nordisk A/S (NVO)vs › | $191.26B | 10.61 | 12.79 | 27.72 | 31.12 |
At 37.4, P/E is near its 20-year median — higher than 62% of readings in its 20-year history.
20-year low
7.3
median
29.9
20-year high
231.1
Trailing P/E
37.4
Forward P/E
30.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$1115.25
Forward EPS (Est.)
$36.39
Forward P/E
30.64
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PE RATIO |
|---|---|
| 2026-09-10 | 37.69 |
| 2026-09-09 | 37.73 |
| 2026-09-08 | 37.72 |
| 2026-09-04 | 38.57 |
| 2026-09-03 | 38.91 |
| 2026-09-02 | 38.93 |
| 2026-09-01 | 38.93 |
| 2026-08-31 | 38.82 |
| 2026-08-28 | 39.42 |
| 2026-08-27 | 39.47 |
| 2026-08-26 | 39.91 |
| 2026-08-25 | 41.40 |
| 2026-08-24 | 41.84 |
| 2026-08-21 | 42.13 |
| 2026-08-20 | 41.76 |
| 2026-08-19 | 42.96 |
| 2026-08-18 | 41.13 |
| 2026-08-17 | 39.70 |
| 2026-08-14 | 39.60 |
| 2026-08-13 | 40.57 |
| 2026-08-12 | 40.95 |
| 2026-08-11 | 40.77 |
| 2026-08-10 | 41.34 |
| 2026-08-07 | 39.79 |
| 2026-08-06 | 40.00 |
| 2026-08-05 | 41.56 |
| 2026-08-04 | 39.63 |
| 2026-08-03 | 39.84 |
| 2026-07-31 | 40.81 |
| 2026-07-30 | 41.03 |
| 2026-07-29 | 42.98 |
| 2026-07-28 | 43.36 |
| 2026-07-27 | 42.54 |
| 2026-07-24 | 42.49 |
| 2026-07-23 | 42.13 |
| 2026-07-22 | 41.31 |
| 2026-07-21 | 41.76 |
| 2026-07-20 | 40.74 |
| 2026-07-17 | 41.89 |
| 2026-07-16 | 41.53 |
| 2026-07-15 | 41.09 |
| 2026-07-14 | 40.94 |
| 2026-07-13 | 41.98 |
| 2026-07-10 | 42.22 |
| 2026-07-09 | 43.23 |
| 2026-07-08 | 43.19 |
| 2026-07-07 | 43.89 |
| 2026-07-06 | 42.63 |
| 2026-07-02 | 43.12 |
| 2026-07-01 | 42.34 |
| 2026-06-30 | 42.61 |
| 2026-06-29 | 43.69 |
| 2026-06-26 | 42.92 |
| 2026-06-25 | 40.06 |
| 2026-06-24 | 39.69 |
| 2026-06-23 | 39.33 |
| 2026-06-22 | 39.15 |
| 2026-06-18 | 39.03 |
| 2026-06-17 | 39.50 |
| 2026-06-16 | 39.88 |
| 2026-06-15 | 40.12 |
| 2026-06-12 | 40.25 |
| 2026-06-11 | 41.24 |
| 2026-06-10 | 40.37 |
| 2026-06-09 | 40.66 |
| 2026-06-08 | 40.82 |
| 2026-06-05 | 40.19 |
| 2026-06-04 | 39.97 |
| 2026-06-03 | 38.32 |
| 2026-06-02 | 37.80 |
| 2026-06-01 | 38.44 |
| 2026-05-29 | 39.25 |
| 2026-05-28 | 40.03 |
| 2026-05-27 | 38.47 |
| 2026-05-26 | 37.82 |
| 2026-05-22 | 37.83 |
| 2026-05-21 | 37.00 |
| 2026-05-20 | 36.19 |
| 2026-05-19 | 36.28 |
| 2026-05-18 | 35.10 |
| 2026-05-15 | 35.70 |
| 2026-05-14 | 35.76 |
| 2026-05-13 | 36.08 |
| 2026-05-12 | 35.16 |
| 2026-05-11 | 34.35 |
| 2026-05-08 | 33.69 |
| 2026-05-07 | 34.63 |
| 2026-05-06 | 35.06 |
| 2026-05-05 | 35.13 |
| 2026-05-04 | 34.38 |
| 2026-05-01 | 34.22 |
| 2026-04-30 | 40.72 |
| 2026-04-29 | 37.09 |
| 2026-04-28 | 38.08 |
| 2026-04-27 | 37.83 |
| 2026-04-24 | 38.52 |
| 2026-04-23 | 39.98 |
| 2026-04-22 | 40.15 |
| 2026-04-21 | 39.35 |
| 2026-04-20 | 40.08 |
| 2026-04-17 | 40.39 |
| 2026-04-16 | 39.39 |
| 2026-04-15 | 39.43 |
| 2026-04-14 | 40.20 |
| 2026-04-13 | 40.50 |
| 2026-04-10 | 40.94 |
| 2026-04-09 | 41.62 |
| 2026-04-08 | 41.54 |
| 2026-04-07 | 40.57 |
| 2026-04-06 | 40.39 |
| 2026-04-02 | 40.77 |
| 2026-04-01 | 41.59 |
| 2026-03-31 | 40.08 |
| 2026-03-30 | 38.63 |
| 2026-03-27 | 38.27 |
| 2026-03-26 | 39.08 |
| 2026-03-25 | 39.93 |
| 2026-03-24 | 39.35 |
| 2026-03-23 | 39.68 |
| 2026-03-20 | 39.51 |
| 2026-03-19 | 39.98 |
| 2026-03-18 | 40.00 |
| 2026-03-17 | 40.54 |
| 2026-03-16 | 43.10 |
| 2026-03-13 | 42.92 |
| 2026-03-12 | 42.58 |
| 2026-03-11 | 43.57 |
| 2026-03-10 | 43.63 |
| 2026-03-09 | 43.94 |
| 2026-03-06 | 43.15 |
| 2026-03-05 | 42.84 |
| 2026-03-04 | 43.73 |
| 2026-03-03 | 43.91 |
| 2026-03-02 | 44.36 |
| 2026-02-27 | 45.84 |
| 2026-02-26 | 44.53 |
| 2026-02-25 | 44.83 |
| 2026-02-24 | 45.41 |
| 2026-02-23 | 46.12 |
| 2026-02-20 | 43.99 |
| 2026-02-19 | 44.58 |
| 2026-02-18 | 44.47 |
| 2026-02-17 | 45.14 |
| 2026-02-13 | 45.32 |
| 2026-02-12 | 50.80 |
| 2026-02-11 | 49.67 |
| 2026-02-10 | 50.13 |
| 2026-02-09 | 51.11 |
| 2026-02-06 | 51.77 |
| 2026-02-05 | 49.94 |
| 2026-02-04 | 54.16 |
| 2026-02-03 | 49.09 |
| 2026-02-02 | 51.08 |
| 2026-01-30 | 50.74 |
| 2026-01-29 | 50.10 |
| 2026-01-28 | 50.09 |
| 2026-01-27 | 50.86 |
| 2026-01-26 | 51.99 |
| 2026-01-23 | 52.07 |
| 2026-01-22 | 53.20 |
| 2026-01-21 | 52.77 |
| 2026-01-20 | 50.94 |
| 2026-01-16 | 50.80 |
| 2026-01-15 | 50.54 |
| 2026-01-14 | 52.51 |
| 2026-01-13 | 52.70 |
| 2026-01-12 | 52.89 |
| 2026-01-09 | 52.03 |
| 2026-01-08 | 53.09 |
| 2026-01-07 | 54.21 |
| 2026-01-06 | 52.06 |
| 2026-01-05 | 50.95 |
| 2026-01-02 | 52.86 |
| 2025-12-31 | 52.58 |
| 2025-12-30 | 52.83 |
| 2025-12-29 | 52.81 |
| 2025-12-26 | 52.73 |
| 2025-12-24 | 52.69 |
| 2025-12-23 | 52.43 |
| 2025-12-22 | 52.67 |
| 2025-12-19 | 52.42 |
| 2025-12-18 | 51.71 |
| 2025-12-17 | 50.97 |
| 2025-12-16 | 51.58 |
| 2025-12-15 | 51.97 |
| 2025-12-12 | 50.27 |
| 2025-12-11 | 49.38 |
| 2025-12-10 | 48.61 |
| 2025-12-09 | 48.05 |
| 2025-12-08 | 48.81 |
| 2025-12-05 | 49.43 |
| 2025-12-04 | 49.63 |
| 2025-12-03 | 50.57 |
| 2025-12-02 | 51.18 |
| 2025-12-01 | 51.76 |
| 2025-11-28 | 52.62 |
| 2025-11-26 | 54.03 |
| 2025-11-25 | 54.30 |
| 2025-11-24 | 52.36 |
| 2025-11-21 | 51.84 |
| 2025-11-20 | 51.04 |
| 2025-11-19 | 51.35 |
| 2025-11-18 | 50.39 |
| 2025-11-17 | 49.99 |
| 2025-11-14 | 50.16 |
| 2025-11-13 | 50.04 |
| 2025-11-12 | 49.79 |
| 2025-11-11 | 48.37 |
| 2025-11-10 | 47.29 |
| 2025-11-07 | 45.22 |
| 2025-11-06 | 45.86 |
| 2025-11-05 | 45.29 |
| 2025-11-04 | 44.37 |
| 2025-11-03 | 43.86 |
| 2025-10-31 | 42.21 |
| 2025-10-30 | 55.20 |
| 2025-10-29 | 53.17 |
| 2025-10-28 | 53.60 |
| 2025-10-27 | 54.01 |
| 2025-10-24 | 53.95 |
| 2025-10-23 | 53.66 |
| 2025-10-22 | 53.10 |
| 2025-10-21 | 52.26 |
| 2025-10-20 | 52.87 |
| 2025-10-17 | 52.47 |
| 2025-10-16 | 53.55 |
| 2025-10-15 | 54.02 |
| 2025-10-14 | 53.09 |
| 2025-10-13 | 53.56 |
| 2025-10-10 | 54.48 |
| 2025-10-09 | 55.91 |
| 2025-10-08 | 55.28 |
| 2025-10-07 | 55.14 |
| 2025-10-06 | 55.23 |
| 2025-10-03 | 54.89 |
| 2025-10-02 | 53.58 |
| 2025-10-01 | 53.95 |
| 2025-09-30 | 49.87 |
| 2025-09-29 | 47.48 |
| 2025-09-26 | 47.36 |
| 2025-09-25 | 46.71 |
| 2025-09-24 | 48.49 |
| 2025-09-23 | 48.82 |
| 2025-09-22 | 49.34 |
| 2025-09-19 | 49.15 |
| 2025-09-18 | 49.86 |
| 2025-09-17 | 49.68 |
| 2025-09-16 | 49.98 |
| 2025-09-15 | 48.90 |
| 2025-09-12 | 49.37 |
| 2025-09-11 | 49.43 |
| 2025-09-10 | 49.32 |
| 2025-09-09 | 49.06 |
| 2025-09-08 | 48.28 |
| 2025-09-05 | 47.53 |
| 2025-09-04 | 48.56 |
| 2025-09-03 | 48.22 |
| 2025-09-02 | 48.05 |
| 2025-08-29 | 47.88 |
| 2025-08-28 | 47.84 |
Showing the most recent 260 of 4,664 data points. The chart above shows the full history.