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 21.27 is 22% above its 5-year average of 17.50, around the middle of its 5-year range (6.91–30.54).
As of 2026-10-02T21:10:40.379Z. 1.93% above its 12-month average of 20.87.
Calculation as of: 2026-10-02T21:10:40.379Z.
Quote observation: 2026-10-02T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 0be53b889a34275f00216ff99dc3094d43fc397a65c15d72f0e0b892efd9cb96
PE Ratio (21.27) = Close Price ($141.00) / Diluted TTM EPS ($6.63)
PE RATIO
21.27
PE RATIO AVG TTM
20.87
PE RATIO AVG 3Y
18.40
PE RATIO AVG 5Y
17.50
PE RATIO AVG 10Y
18.86
PE RATIO AVG 15Y
17.74
PE RATIO AVG 20Y
16.16
CURRENT VS TTM AVG
+1.93%
CURRENT VS 3Y AVG
+15.58%
CURRENT VS 5Y AVG
+21.56%
CURRENT VS 10Y AVG
+12.79%
CURRENT VS 15Y AVG
+19.91%
CURRENT VS 20Y AVG
+31.64%
SECTOR MEDIAN · HEALTHCARE
26.22
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
-18.88%
vs the sector median at left
Market Cap
$242.11B
PE Ratio
35.22
TTM Avg
30.69
3Y Avg
32.11
5Y Avg
31.51
Market Cap
$337.74B
PE Ratio
23.91
TTM Avg
22.64
3Y Avg
25.10
5Y Avg
25.43
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Novartis AG (NVS) | $268.00B | 21.27 | 20.87 | 18.40 | 17.50 |
| AstraZeneca PLC (AZN)vs › | $243.33B | 23.56 | 28.68 | 31.21 | 72.77 |
| Thermo Fisher Scientific Inc. (TMO)vs › | $242.11B | 35.22 | 30.69 | 32.11 | 31.51 |
| Amgen Inc. (AMGN)vs › | $217.52B | 25.05 | 25.25 | 30.53 | 26.63 |
| Roche Holding AG (RHHBY)vs › | $332.94B | N/A | N/A | N/A | N/A |
| UnitedHealth Group Incorporated (UNH)vs › | $337.74B | 23.91 | 22.64 | 25.10 | 25.43 |
| Merck & Co., Inc. (MRK)vs › | $356.40B | 115.44 | 35.13 | 96.50 | 68.07 |
| Gilead Sciences, Inc. (GILD)vs › | $179.47B | N/A | 20.50 | 157.64 | 102.20 |
| Abbott Laboratories (ABT)vs › | $168.71B | 31.35 | 23.73 | 27.61 | 27.91 |
| Novo Nordisk A/S (NVO)vs › | $165.72B | 9.20 | 12.46 | 27.03 | 30.85 |
At 21.3, P/E is above its 20-year median — higher than 78% of readings in its 20-year history.
20-year low
6.9
median
15.4
20-year high
30.5
Trailing P/E
21.3
Forward P/E
16.0
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$141.00
Forward EPS (Est.)
$8.80
Forward P/E
16.02
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 |
|---|---|
| 2026-10-01 | 21.27 |
| 2026-09-30 | 21.50 |
| 2026-09-29 | 21.98 |
| 2026-09-28 | 22.15 |
| 2026-09-25 | 21.94 |
| 2026-09-24 | 21.65 |
| 2026-09-23 | 21.52 |
| 2026-09-22 | 21.31 |
| 2026-09-21 | 21.26 |
| 2026-09-18 | 21.17 |
| 2026-09-17 | 21.25 |
| 2026-09-16 | 20.92 |
| 2026-09-15 | 20.91 |
| 2026-09-14 | 20.96 |
| 2026-09-11 | 20.69 |
| 2026-09-10 | 20.74 |
| 2026-09-09 | 20.74 |
| 2026-09-08 | 20.77 |
| 2026-09-04 | 24.13 |
| 2026-09-03 | 24.60 |
| 2026-09-02 | 24.50 |
| 2026-09-01 | 24.32 |
| 2026-08-31 | 22.94 |
| 2026-08-28 | 23.20 |
| 2026-08-27 | 23.33 |
| 2026-08-26 | 23.76 |
| 2026-08-25 | 24.13 |
| 2026-08-24 | 23.83 |
| 2026-08-21 | 23.96 |
| 2026-08-20 | 23.57 |
| 2026-08-19 | 24.18 |
| 2026-08-18 | 23.31 |
| 2026-08-17 | 22.92 |
| 2026-08-14 | 22.76 |
| 2026-08-13 | 22.88 |
| 2026-08-12 | 22.97 |
| 2026-08-11 | 23.32 |
| 2026-08-10 | 23.65 |
| 2026-08-07 | 23.58 |
| 2026-08-06 | 23.26 |
| 2026-08-05 | 23.29 |
| 2026-08-04 | 23.12 |
| 2026-08-03 | 23.18 |
| 2026-07-31 | 23.55 |
| 2026-07-30 | 23.90 |
| 2026-07-29 | 23.96 |
| 2026-07-28 | 24.11 |
| 2026-07-27 | 23.55 |
| 2026-07-24 | 23.38 |
| 2026-07-23 | 23.55 |
| 2026-07-22 | 23.09 |
| 2026-07-21 | 22.04 |
| 2026-07-20 | 21.43 |
| 2026-07-17 | 22.03 |
| 2026-07-16 | 21.88 |
| 2026-07-15 | 21.60 |
| 2026-07-14 | 21.54 |
| 2026-07-13 | 21.97 |
| 2026-07-10 | 22.07 |
| 2026-07-09 | 22.15 |
| 2026-07-08 | 22.23 |
| 2026-07-07 | 22.50 |
| 2026-07-06 | 22.28 |
| 2026-07-02 | 22.91 |
| 2026-07-01 | 22.08 |
| 2026-06-30 | 22.45 |
| 2026-06-29 | 22.58 |
| 2026-06-26 | 22.27 |
| 2026-06-25 | 22.22 |
| 2026-06-24 | 21.94 |
| 2026-06-23 | 21.97 |
| 2026-06-22 | 21.34 |
| 2026-06-18 | 21.07 |
| 2026-06-17 | 21.62 |
| 2026-06-16 | 21.62 |
| 2026-06-15 | 21.71 |
| 2026-06-12 | 21.93 |
| 2026-06-11 | 22.05 |
| 2026-06-10 | 21.22 |
| 2026-06-09 | 21.36 |
| 2026-06-08 | 20.98 |
| 2026-06-05 | 21.37 |
| 2026-06-04 | 21.26 |
| 2026-06-03 | 20.58 |
| 2026-06-02 | 20.56 |
| 2026-06-01 | 20.87 |
| 2026-05-29 | 21.51 |
| 2026-05-28 | 21.69 |
| 2026-05-27 | 21.65 |
| 2026-05-26 | 21.60 |
| 2026-05-22 | 21.78 |
| 2026-05-21 | 21.74 |
| 2026-05-20 | 21.55 |
| 2026-05-19 | 21.55 |
| 2026-05-18 | 21.37 |
| 2026-05-15 | 21.21 |
| 2026-05-14 | 21.46 |
| 2026-05-13 | 21.45 |
| 2026-05-12 | 21.23 |
| 2026-05-11 | 20.81 |
| 2026-05-08 | 20.92 |
| 2026-05-07 | 20.83 |
| 2026-05-06 | 21.26 |
| 2026-05-05 | 20.85 |
| 2026-05-04 | 20.72 |
| 2026-05-01 | 21.00 |
| 2026-04-30 | 21.18 |
| 2026-04-29 | 20.48 |
| 2026-04-28 | 20.35 |
| 2026-04-27 | 20.17 |
| 2026-04-24 | 20.35 |
| 2026-04-23 | 20.63 |
| 2026-04-22 | 20.60 |
| 2026-04-21 | 20.70 |
| 2026-04-20 | 21.12 |
| 2026-04-17 | 21.25 |
| 2026-04-16 | 20.94 |
| 2026-04-15 | 21.27 |
| 2026-04-14 | 21.45 |
| 2026-04-13 | 21.60 |
| 2026-04-10 | 21.55 |
| 2026-04-09 | 21.69 |
| 2026-04-08 | 21.60 |
| 2026-04-07 | 21.15 |
| 2026-04-06 | 21.38 |
| 2026-04-02 | 21.54 |
| 2026-04-01 | 21.69 |
| 2026-03-31 | 21.36 |
| 2026-03-30 | 21.03 |
| 2026-03-27 | 20.72 |
| 2026-03-26 | 20.94 |
| 2026-03-25 | 21.08 |
| 2026-03-24 | 20.78 |
| 2026-03-23 | 20.71 |
| 2026-03-20 | 20.42 |
| 2026-03-19 | 20.73 |
| 2026-03-18 | 20.95 |
| 2026-03-17 | 21.66 |
| 2026-03-16 | 21.66 |
| 2026-03-13 | 21.46 |
| 2026-03-12 | 21.57 |
| 2026-03-11 | 21.79 |
| 2026-03-10 | 22.60 |
| 2026-03-09 | 22.77 |
| 2026-03-06 | 22.39 |
| 2026-03-05 | 22.52 |
| 2026-03-04 | 23.10 |
| 2026-03-03 | 22.96 |
| 2026-03-02 | 23.34 |
| 2026-02-27 | 23.58 |
| 2026-02-26 | 23.15 |
| 2026-02-25 | 23.34 |
| 2026-02-24 | 23.37 |
| 2026-02-23 | 23.03 |
| 2026-02-20 | 22.75 |
| 2026-02-19 | 22.93 |
| 2026-02-18 | 23.13 |
| 2026-02-17 | 23.24 |
| 2026-02-13 | 22.81 |
| 2026-02-12 | 22.54 |
| 2026-02-11 | 22.39 |
| 2026-02-10 | 22.13 |
| 2026-02-09 | 21.97 |
| 2026-02-06 | 21.88 |
| 2026-02-05 | 21.53 |
| 2026-02-04 | 20.92 |
| 2026-02-03 | 20.50 |
| 2026-02-02 | 20.66 |
| 2026-01-30 | 20.34 |
| 2026-01-29 | 20.37 |
| 2026-01-28 | 20.23 |
| 2026-01-27 | 20.82 |
| 2026-01-26 | 20.40 |
| 2026-01-23 | 20.13 |
| 2026-01-22 | 19.84 |
| 2026-01-21 | 19.85 |
| 2026-01-20 | 19.64 |
| 2026-01-16 | 19.75 |
| 2026-01-15 | 19.58 |
| 2026-01-14 | 19.99 |
| 2026-01-13 | 19.37 |
| 2026-01-12 | 19.40 |
| 2026-01-09 | 19.36 |
| 2026-01-08 | 19.35 |
| 2026-01-07 | 19.42 |
| 2026-01-06 | 19.46 |
| 2026-01-05 | 18.87 |
| 2026-01-02 | 18.95 |
| 2025-12-31 | 18.86 |
| 2025-12-30 | 18.98 |
| 2025-12-29 | 19.04 |
| 2025-12-26 | 19.04 |
| 2025-12-24 | 19.00 |
| 2025-12-23 | 19.03 |
| 2025-12-22 | 18.72 |
| 2025-12-19 | 18.61 |
| 2025-12-18 | 18.50 |
| 2025-12-17 | 18.47 |
| 2025-12-16 | 18.47 |
| 2025-12-15 | 18.49 |
| 2025-12-12 | 18.14 |
| 2025-12-11 | 18.11 |
| 2025-12-10 | 17.95 |
| 2025-12-09 | 17.92 |
| 2025-12-08 | 17.81 |
| 2025-12-05 | 18.08 |
| 2025-12-04 | 18.12 |
| 2025-12-03 | 18.29 |
| 2025-12-02 | 18.10 |
| 2025-12-01 | 17.64 |
| 2025-11-28 | 17.84 |
| 2025-11-26 | 17.84 |
| 2025-11-25 | 17.82 |
| 2025-11-24 | 17.31 |
| 2025-11-21 | 17.42 |
| 2025-11-20 | 17.01 |
| 2025-11-19 | 17.42 |
| 2025-11-18 | 17.51 |
| 2025-11-17 | 18.00 |
| 2025-11-14 | 17.96 |
| 2025-11-13 | 18.05 |
| 2025-11-12 | 18.10 |
| 2025-11-11 | 17.85 |
| 2025-11-10 | 17.40 |
| 2025-11-07 | 17.28 |
| 2025-11-06 | 17.31 |
| 2025-11-05 | 17.17 |
| 2025-11-04 | 17.10 |
| 2025-11-03 | 16.94 |
| 2025-10-31 | 16.93 |
| 2025-10-30 | 16.77 |
| 2025-10-29 | 16.66 |
| 2025-10-28 | 17.99 |
| 2025-10-27 | 18.83 |
| 2025-10-24 | 19.00 |
| 2025-10-23 | 19.19 |
| 2025-10-22 | 19.16 |
| 2025-10-21 | 19.15 |
| 2025-10-20 | 19.21 |
| 2025-10-17 | 19.16 |
| 2025-10-16 | 19.06 |
| 2025-10-15 | 18.95 |
| 2025-10-14 | 18.99 |
| 2025-10-13 | 18.82 |
| 2025-10-10 | 18.95 |
| 2025-10-09 | 19.10 |
| 2025-10-08 | 19.29 |
| 2025-10-07 | 19.18 |
| 2025-10-06 | 19.28 |
| 2025-10-03 | 19.30 |
| 2025-10-02 | 19.09 |
| 2025-10-01 | 19.20 |
| 2025-09-30 | 18.69 |
| 2025-09-29 | 18.09 |
| 2025-09-26 | 18.02 |
| 2025-09-25 | 17.82 |
| 2025-09-24 | 17.93 |
| 2025-09-23 | 17.90 |
| 2025-09-22 | 17.98 |
| 2025-09-19 | 17.92 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.