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 115.04 is 434% above its 5-year average of 21.53, near the low end of its 5-year range (10.69–942.50).
As of 2026-09-16T00:15:53.053Z. 471.31% above its 12-month average of 20.14.
Calculation as of: 2026-09-16T00:15:53.053Z.
Quote observation: 2026-09-15T19:59:59.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: c8318c878184d8f15fcb7dac92ef00686d8c361da023f0ec4e261699e68c0999
PE Ratio (115.04) = Close Price ($143.80) / Diluted TTM EPS ($1.25)
PE RATIO
115.04
PE RATIO AVG TTM
20.14
PE RATIO AVG 3Y
41.12
PE RATIO AVG 5Y
21.53
PE RATIO AVG 10Y
27.33
PE RATIO AVG 15Y
25.39
PE RATIO AVG 20Y
22.64
CURRENT VS TTM AVG
+471.31%
CURRENT VS 3Y AVG
+179.77%
CURRENT VS 5Y AVG
+434.21%
CURRENT VS 10Y AVG
+321.00%
CURRENT VS 15Y AVG
+353.09%
CURRENT VS 20Y AVG
+408.20%
SECTOR MEDIAN · HEALTHCARE
27.08
median of 75 covered companies
CURRENT VS SECTOR MEDIAN
+324.82%
vs the sector median at left
Market Cap
$341.40B
PE Ratio
24.17
TTM Avg
22.05
3Y Avg
25.06
5Y Avg
25.46
Market Cap
$238.35B
PE Ratio
34.50
TTM Avg
30.25
3Y Avg
32.10
5Y Avg
31.42
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Merck & Co., Inc. (MRK) | $355.16B | 115.04 | 20.14 | 41.12 | 21.53 |
| Roche Holding AG (RHHBY)vs › | $349.97B | N/A | N/A | N/A | N/A |
| UnitedHealth Group Incorporated (UNH)vs › | $341.40B | 24.17 | 22.05 | 25.06 | 25.46 |
| AstraZeneca PLC (AZN)vs › | $251.01B | 24.30 | 28.94 | 33.89 | 64.76 |
| AbbVie Inc. (ABBV)vs › | $464.68B | 74.10 | 119.31 | 81.09 | 58.90 |
| Thermo Fisher Scientific Inc. (TMO)vs › | $238.35B | 34.50 | 30.25 | 32.10 | 31.42 |
| Amgen Inc. (AMGN)vs › | $202.74B | 23.35 | 25.13 | 30.39 | 26.60 |
| Novo Nordisk A/S (NVO)vs › | $188.86B | 10.48 | 12.78 | 27.69 | 31.11 |
| Gilead Sciences, Inc. (GILD)vs › | $181.64B | N/A | 20.50 | 157.64 | 102.20 |
| Abbott Laboratories (ABT)vs › | $176.59B | 32.81 | 22.79 | 27.63 | 27.93 |
At 115.0, P/E is above its 20-year median — higher than 96% of readings in its 20-year history.
20-year low
5.2
median
21.7
20-year high
942.5
Trailing P/E
115.0
Forward P/E
52.4
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$143.80
Forward EPS (Est.)
$2.75
Forward P/E
52.36
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 |
|---|---|
| 2026-09-11 | 115.14 |
| 2026-09-10 | 115.77 |
| 2026-09-09 | 118.02 |
| 2026-09-08 | 118.77 |
| 2026-09-04 | 120.26 |
| 2026-09-03 | 121.87 |
| 2026-09-02 | 121.31 |
| 2026-09-01 | 119.89 |
| 2026-08-31 | 118.21 |
| 2026-08-28 | 118.68 |
| 2026-08-27 | 119.63 |
| 2026-08-26 | 122.48 |
| 2026-08-25 | 125.16 |
| 2026-08-24 | 120.53 |
| 2026-08-21 | 122.04 |
| 2026-08-20 | 119.19 |
| 2026-08-19 | 121.76 |
| 2026-08-18 | 108.14 |
| 2026-08-17 | 108.78 |
| 2026-08-14 | 108.67 |
| 2026-08-13 | 108.44 |
| 2026-08-12 | 106.34 |
| 2026-08-11 | 104.34 |
| 2026-08-10 | 104.74 |
| 2026-08-07 | 36.22 |
| 2026-08-06 | 36.16 |
| 2026-08-05 | 36.15 |
| 2026-08-04 | 36.06 |
| 2026-08-03 | 35.99 |
| 2026-07-31 | 36.68 |
| 2026-07-30 | 36.56 |
| 2026-07-29 | 36.72 |
| 2026-07-28 | 37.13 |
| 2026-07-27 | 36.83 |
| 2026-07-24 | 36.92 |
| 2026-07-23 | 36.75 |
| 2026-07-22 | 35.91 |
| 2026-07-21 | 35.57 |
| 2026-07-20 | 35.04 |
| 2026-07-17 | 35.92 |
| 2026-07-16 | 35.95 |
| 2026-07-15 | 34.82 |
| 2026-07-14 | 34.02 |
| 2026-07-13 | 34.94 |
| 2026-07-10 | 34.80 |
| 2026-07-09 | 35.23 |
| 2026-07-08 | 35.49 |
| 2026-07-07 | 36.30 |
| 2026-07-06 | 35.71 |
| 2026-07-02 | 36.50 |
| 2026-07-01 | 35.32 |
| 2026-06-30 | 36.20 |
| 2026-06-29 | 36.45 |
| 2026-06-26 | 36.24 |
| 2026-06-25 | 35.34 |
| 2026-06-24 | 33.97 |
| 2026-06-23 | 33.69 |
| 2026-06-22 | 32.53 |
| 2026-06-18 | 32.08 |
| 2026-06-17 | 32.52 |
| 2026-06-16 | 32.44 |
| 2026-06-15 | 32.37 |
| 2026-06-12 | 33.54 |
| 2026-06-11 | 34.02 |
| 2026-06-10 | 33.55 |
| 2026-06-09 | 33.69 |
| 2026-06-08 | 33.67 |
| 2026-06-05 | 34.03 |
| 2026-06-04 | 33.88 |
| 2026-06-03 | 32.31 |
| 2026-06-02 | 32.58 |
| 2026-06-01 | 32.44 |
| 2026-05-29 | 33.44 |
| 2026-05-28 | 33.77 |
| 2026-05-27 | 33.87 |
| 2026-05-26 | 33.72 |
| 2026-05-22 | 34.48 |
| 2026-05-21 | 32.64 |
| 2026-05-20 | 31.83 |
| 2026-05-19 | 32.18 |
| 2026-05-18 | 31.71 |
| 2026-05-15 | 31.37 |
| 2026-05-14 | 31.95 |
| 2026-05-13 | 31.96 |
| 2026-05-12 | 31.65 |
| 2026-05-11 | 31.35 |
| 2026-05-08 | 31.37 |
| 2026-05-07 | 31.63 |
| 2026-05-06 | 31.99 |
| 2026-05-05 | 31.87 |
| 2026-05-04 | 15.54 |
| 2026-05-01 | 15.41 |
| 2026-04-30 | 15.00 |
| 2026-04-29 | 15.24 |
| 2026-04-28 | 15.11 |
| 2026-04-27 | 15.14 |
| 2026-04-24 | 15.37 |
| 2026-04-23 | 15.74 |
| 2026-04-22 | 15.51 |
| 2026-04-21 | 15.46 |
| 2026-04-20 | 16.09 |
| 2026-04-17 | 16.36 |
| 2026-04-16 | 15.86 |
| 2026-04-15 | 16.20 |
| 2026-04-14 | 16.48 |
| 2026-04-13 | 16.50 |
| 2026-04-10 | 16.68 |
| 2026-04-09 | 16.85 |
| 2026-04-08 | 16.92 |
| 2026-04-07 | 16.38 |
| 2026-04-06 | 16.60 |
| 2026-04-02 | 16.60 |
| 2026-04-01 | 16.60 |
| 2026-03-31 | 16.52 |
| 2026-03-30 | 16.22 |
| 2026-03-27 | 16.43 |
| 2026-03-26 | 16.34 |
| 2026-03-25 | 16.40 |
| 2026-03-24 | 15.98 |
| 2026-03-23 | 15.89 |
| 2026-03-20 | 15.68 |
| 2026-03-19 | 15.69 |
| 2026-03-18 | 15.73 |
| 2026-03-17 | 15.92 |
| 2026-03-16 | 15.86 |
| 2026-03-13 | 15.88 |
| 2026-03-12 | 15.92 |
| 2026-03-11 | 15.96 |
| 2026-03-10 | 16.08 |
| 2026-03-09 | 16.09 |
| 2026-03-06 | 15.91 |
| 2026-03-05 | 15.94 |
| 2026-03-04 | 16.52 |
| 2026-03-03 | 16.46 |
| 2026-03-02 | 16.68 |
| 2026-02-27 | 17.01 |
| 2026-02-26 | 16.39 |
| 2026-02-25 | 16.82 |
| 2026-02-24 | 16.37 |
| 2026-02-23 | 16.36 |
| 2026-02-20 | 16.15 |
| 2026-02-19 | 16.10 |
| 2026-02-18 | 16.07 |
| 2026-02-17 | 16.06 |
| 2026-02-13 | 16.04 |
| 2026-02-12 | 15.75 |
| 2026-02-11 | 15.75 |
| 2026-02-10 | 15.48 |
| 2026-02-09 | 15.54 |
| 2026-02-06 | 16.11 |
| 2026-02-05 | 15.82 |
| 2026-02-04 | 15.63 |
| 2026-02-03 | 15.30 |
| 2026-02-02 | 14.98 |
| 2026-01-30 | 14.57 |
| 2026-01-29 | 14.31 |
| 2026-01-28 | 14.12 |
| 2026-01-27 | 14.26 |
| 2026-01-26 | 14.19 |
| 2026-01-23 | 14.29 |
| 2026-01-22 | 14.42 |
| 2026-01-21 | 14.68 |
| 2026-01-20 | 14.46 |
| 2026-01-16 | 14.38 |
| 2026-01-15 | 14.66 |
| 2026-01-14 | 14.66 |
| 2026-01-13 | 14.30 |
| 2026-01-12 | 14.42 |
| 2026-01-09 | 14.60 |
| 2026-01-08 | 14.66 |
| 2026-01-07 | 14.35 |
| 2026-01-06 | 14.38 |
| 2026-01-05 | 14.19 |
| 2026-01-02 | 14.06 |
| 2025-12-31 | 13.90 |
| 2025-12-30 | 14.01 |
| 2025-12-29 | 14.08 |
| 2025-12-26 | 14.11 |
| 2025-12-24 | 14.06 |
| 2025-12-23 | 13.88 |
| 2025-12-22 | 13.83 |
| 2025-12-19 | 13.35 |
| 2025-12-18 | 13.30 |
| 2025-12-17 | 13.10 |
| 2025-12-16 | 12.98 |
| 2025-12-15 | 13.24 |
| 2025-12-12 | 13.25 |
| 2025-12-11 | 13.08 |
| 2025-12-10 | 12.90 |
| 2025-12-09 | 12.80 |
| 2025-12-08 | 13.07 |
| 2025-12-05 | 13.17 |
| 2025-12-04 | 13.33 |
| 2025-12-03 | 13.51 |
| 2025-12-02 | 13.35 |
| 2025-12-01 | 13.45 |
| 2025-11-28 | 13.85 |
| 2025-11-26 | 13.82 |
| 2025-11-25 | 13.96 |
| 2025-11-24 | 13.26 |
| 2025-11-21 | 12.91 |
| 2025-11-20 | 12.55 |
| 2025-11-19 | 12.56 |
| 2025-11-18 | 12.74 |
| 2025-11-17 | 12.27 |
| 2025-11-14 | 12.27 |
| 2025-11-13 | 12.28 |
| 2025-11-12 | 12.08 |
| 2025-11-11 | 12.01 |
| 2025-11-10 | 11.46 |
| 2025-11-07 | 11.40 |
| 2025-11-06 | 11.33 |
| 2025-11-05 | 13.00 |
| 2025-11-04 | 12.92 |
| 2025-11-03 | 12.71 |
| 2025-10-31 | 13.25 |
| 2025-10-30 | 13.29 |
| 2025-10-29 | 13.34 |
| 2025-10-28 | 13.41 |
| 2025-10-27 | 13.56 |
| 2025-10-24 | 13.48 |
| 2025-10-23 | 13.43 |
| 2025-10-22 | 13.50 |
| 2025-10-21 | 13.50 |
| 2025-10-20 | 13.30 |
| 2025-10-17 | 13.06 |
| 2025-10-16 | 12.93 |
| 2025-10-15 | 12.96 |
| 2025-10-14 | 13.05 |
| 2025-10-13 | 13.20 |
| 2025-10-10 | 13.25 |
| 2025-10-09 | 13.48 |
| 2025-10-08 | 13.31 |
| 2025-10-07 | 13.50 |
| 2025-10-06 | 13.68 |
| 2025-10-03 | 13.74 |
| 2025-10-02 | 13.79 |
| 2025-10-01 | 13.89 |
| 2025-09-30 | 12.93 |
| 2025-09-29 | 12.11 |
| 2025-09-26 | 12.10 |
| 2025-09-25 | 11.96 |
| 2025-09-24 | 12.28 |
| 2025-09-23 | 12.32 |
| 2025-09-22 | 12.39 |
| 2025-09-19 | 12.56 |
| 2025-09-18 | 12.56 |
| 2025-09-17 | 12.50 |
| 2025-09-16 | 12.49 |
| 2025-09-15 | 12.48 |
| 2025-09-12 | 12.76 |
| 2025-09-11 | 13.12 |
| 2025-09-10 | 12.95 |
| 2025-09-09 | 13.04 |
| 2025-09-08 | 12.96 |
| 2025-09-05 | 13.05 |
| 2025-09-04 | 12.95 |
| 2025-09-03 | 12.97 |
| 2025-09-02 | 13.17 |
| 2025-08-29 | 12.96 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
