Basis: Latest stored market observation. 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 19.52 is 22% above its 5-year average of 16.04, near the high end of its 5-year range (10.72–22.06).
As of Tuesday, July 28, 2026. 4.17% above its 12-month average of 18.74.
PE Ratio (19.52) = Close Price ($523.63) / Diluted TTM EPS ($26.83)
PE RATIO
19.52
PE RATIO AVG TTM
18.74
PE RATIO AVG 3Y
15.11
PE RATIO AVG 5Y
16.04
PE RATIO AVG 10Y
13.85
PE RATIO AVG 15Y
13.99
PE RATIO AVG 20Y
17.50
CURRENT VS TTM AVG
+4.17%
CURRENT VS 3Y AVG
+29.15%
CURRENT VS 5Y AVG
+21.71%
CURRENT VS 10Y AVG
+40.93%
CURRENT VS 15Y AVG
+39.52%
CURRENT VS 20Y AVG
+11.56%
SECTOR MEDIAN · HEALTHCARE
27.69
median of 65 covered companies
CURRENT VS SECTOR MEDIAN
-29.51%
vs the sector median at left
United Therapeutics Corporation
Market Cap
$22.23B
PE Ratio
19.52
TTM Avg
18.74
3Y Avg
15.11
5Y Avg
16.04
Market Cap
$23.72B
PE Ratio
42.36
TTM Avg
39.78
3Y Avg
43.07
5Y Avg
43.25
Market Cap
$18.52B
PE Ratio
23.91
TTM Avg
23.75
3Y Avg
28.42
5Y Avg
46.91
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Therapeutics Corporation (UTHR) | $22.23B | 19.52 | 18.74 | 15.11 | 16.04 |
| Moderna, Inc. (MRNA)vs › | $22.14B | N/A | 15.46 | 32.51 | 32.51 |
| STERIS plc (STE)vs › | $22.45B | 27.54 | 33.79 | 55.84 | 67.27 |
| BioNTech SE (BNTX)vs › | $23.38B | N/A | 55.73 | 22.62 | 82.47 |
| Viatris Inc. (VTRS)vs › | $20.80B | N/A | 66.21 | 48.61 | 95.74 |
| West Pharmaceutical Services, Inc. (WST)vs › | $23.72B | 42.36 | 39.78 | 43.07 | 43.25 |
| Waters Corporation (WAT)vs › | $25.02B | 47.17 | 34.01 | 31.89 | 30.69 |
| Labcorp Holdings Inc. (LH)vs › | $25.77B | 26.68 | 26.59 | 32.40 | 23.77 |
| Zimmer Biomet Holdings, Inc. (ZBH)vs › | $18.52B | 23.91 | 23.75 | 28.42 | 46.91 |
| Incyte Corporation (INCY)vs › | $25.96B | 16.79 | 17.44 | 112.46 | 79.44 |
At 19.5, P/E is in its normal range, sitting higher than 64% of its 20-year history.
20-year low
5.4
median
16.3
20-year high
170.3
Trailing P/E
19.5
Forward P/E
18.9
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$523.63
Forward EPS (Est.)
$27.87
Forward P/E
18.94
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 |
|---|---|
| 2026-07-27 | 19.52 |
| 2026-07-24 | 19.54 |
| 2026-07-23 | 19.58 |
| 2026-07-22 | 19.49 |
| 2026-07-21 | 19.81 |
| 2026-07-20 | 19.57 |
| 2026-07-17 | 19.80 |
| 2026-07-16 | 19.56 |
| 2026-07-15 | 19.66 |
| 2026-07-14 | 19.47 |
| 2026-07-13 | 19.80 |
| 2026-07-10 | 20.22 |
| 2026-07-09 | 20.42 |
| 2026-07-08 | 20.49 |
| 2026-07-07 | 20.84 |
| 2026-07-06 | 20.23 |
| 2026-07-02 | 20.55 |
| 2026-07-01 | 20.23 |
| 2026-06-30 | 20.03 |
| 2026-06-29 | 20.14 |
| 2026-06-26 | 20.06 |
| 2026-06-25 | 20.09 |
| 2026-06-24 | 20.33 |
| 2026-06-23 | 20.12 |
| 2026-06-22 | 19.90 |
| 2026-06-18 | 19.84 |
| 2026-06-17 | 20.39 |
| 2026-06-16 | 20.27 |
| 2026-06-15 | 20.32 |
| 2026-06-12 | 20.18 |
| 2026-06-11 | 20.16 |
| 2026-06-10 | 20.11 |
| 2026-06-09 | 20.45 |
| 2026-06-08 | 20.14 |
| 2026-06-05 | 20.33 |
| 2026-06-04 | 20.25 |
| 2026-06-03 | 20.31 |
| 2026-06-02 | 19.96 |
| 2026-06-01 | 20.13 |
| 2026-05-29 | 20.58 |
| 2026-05-28 | 20.78 |
| 2026-05-27 | 21.10 |
| 2026-05-26 | 21.38 |
| 2026-05-22 | 21.01 |
| 2026-05-21 | 20.92 |
| 2026-05-20 | 20.85 |
| 2026-05-19 | 20.95 |
| 2026-05-18 | 20.96 |
| 2026-05-15 | 21.02 |
| 2026-05-14 | 21.29 |
| 2026-05-13 | 21.42 |
| 2026-05-12 | 21.51 |
| 2026-05-11 | 21.07 |
| 2026-05-08 | 20.89 |
| 2026-05-07 | 21.04 |
| 2026-05-06 | 22.06 |
| 2026-05-05 | 20.54 |
| 2026-05-04 | 20.86 |
| 2026-05-01 | 20.47 |
| 2026-04-30 | 20.51 |
| 2026-04-29 | 20.50 |
| 2026-04-28 | 20.43 |
| 2026-04-27 | 20.35 |
| 2026-04-24 | 20.36 |
| 2026-04-23 | 20.56 |
| 2026-04-22 | 20.61 |
| 2026-04-21 | 20.58 |
| 2026-04-20 | 20.58 |
| 2026-04-17 | 21.12 |
| 2026-04-16 | 20.84 |
| 2026-04-15 | 20.73 |
| 2026-04-14 | 20.77 |
| 2026-04-13 | 20.73 |
| 2026-04-10 | 20.52 |
| 2026-04-09 | 20.63 |
| 2026-04-08 | 20.88 |
| 2026-04-07 | 20.31 |
| 2026-04-06 | 20.09 |
| 2026-04-02 | 20.27 |
| 2026-04-01 | 20.47 |
| 2026-03-31 | 21.28 |
| 2026-03-30 | 21.12 |
| 2026-03-27 | 18.77 |
| 2026-03-26 | 19.11 |
| 2026-03-25 | 19.44 |
| 2026-03-24 | 19.09 |
| 2026-03-23 | 18.71 |
| 2026-03-20 | 18.82 |
| 2026-03-19 | 18.92 |
| 2026-03-18 | 19.04 |
| 2026-03-17 | 19.38 |
| 2026-03-16 | 19.18 |
| 2026-03-13 | 19.24 |
| 2026-03-12 | 19.12 |
| 2026-03-11 | 19.55 |
| 2026-03-10 | 19.23 |
| 2026-03-09 | 18.99 |
| 2026-03-06 | 17.16 |
| 2026-03-05 | 17.41 |
| 2026-03-04 | 17.60 |
| 2026-03-03 | 17.90 |
| 2026-03-02 | 18.44 |
| 2026-02-27 | 18.09 |
| 2026-02-26 | 18.08 |
| 2026-02-25 | 19.21 |
| 2026-02-24 | 17.94 |
| 2026-02-23 | 17.98 |
| 2026-02-20 | 17.94 |
| 2026-02-19 | 18.21 |
| 2026-02-18 | 18.04 |
| 2026-02-17 | 18.28 |
| 2026-02-13 | 17.95 |
| 2026-02-12 | 18.04 |
| 2026-02-11 | 18.03 |
| 2026-02-10 | 17.93 |
| 2026-02-09 | 17.93 |
| 2026-02-06 | 18.39 |
| 2026-02-05 | 18.15 |
| 2026-02-04 | 18.29 |
| 2026-02-03 | 18.12 |
| 2026-02-02 | 18.00 |
| 2026-01-30 | 17.79 |
| 2026-01-29 | 17.72 |
| 2026-01-28 | 17.71 |
| 2026-01-27 | 18.07 |
| 2026-01-26 | 17.94 |
| 2026-01-23 | 17.77 |
| 2026-01-22 | 17.89 |
| 2026-01-21 | 17.80 |
| 2026-01-20 | 17.74 |
| 2026-01-16 | 17.62 |
| 2026-01-15 | 17.89 |
| 2026-01-14 | 18.03 |
| 2026-01-13 | 18.07 |
| 2026-01-12 | 18.28 |
| 2026-01-09 | 18.31 |
| 2026-01-08 | 18.60 |
| 2026-01-07 | 19.09 |
| 2026-01-06 | 19.05 |
| 2026-01-05 | 18.56 |
| 2026-01-02 | 18.82 |
| 2025-12-31 | 18.46 |
| 2025-12-30 | 18.80 |
| 2025-12-29 | 19.06 |
| 2025-12-26 | 19.22 |
| 2025-12-24 | 19.50 |
| 2025-12-23 | 19.34 |
| 2025-12-22 | 19.47 |
| 2025-12-19 | 19.60 |
| 2025-12-18 | 19.21 |
| 2025-12-17 | 19.36 |
| 2025-12-16 | 18.95 |
| 2025-12-15 | 18.96 |
| 2025-12-12 | 18.72 |
| 2025-12-11 | 18.51 |
| 2025-12-10 | 18.37 |
| 2025-12-09 | 18.05 |
| 2025-12-08 | 18.17 |
| 2025-12-05 | 18.54 |
| 2025-12-04 | 18.34 |
| 2025-12-03 | 18.23 |
| 2025-12-02 | 17.97 |
| 2025-12-01 | 18.19 |
| 2025-11-28 | 18.42 |
| 2025-11-26 | 18.51 |
| 2025-11-25 | 18.41 |
| 2025-11-24 | 18.08 |
| 2025-11-21 | 17.99 |
| 2025-11-20 | 17.99 |
| 2025-11-19 | 18.06 |
| 2025-11-18 | 18.06 |
| 2025-11-17 | 17.88 |
| 2025-11-14 | 17.67 |
| 2025-11-13 | 17.52 |
| 2025-11-12 | 17.49 |
| 2025-11-11 | 17.40 |
| 2025-11-10 | 17.20 |
| 2025-11-07 | 17.01 |
| 2025-11-06 | 17.20 |
| 2025-11-05 | 16.96 |
| 2025-11-04 | 16.57 |
| 2025-11-03 | 16.62 |
| 2025-10-31 | 16.88 |
| 2025-10-30 | 17.19 |
| 2025-10-29 | 17.25 |
| 2025-10-28 | 16.21 |
| 2025-10-27 | 16.43 |
| 2025-10-24 | 16.34 |
| 2025-10-23 | 16.64 |
| 2025-10-22 | 16.46 |
| 2025-10-21 | 16.49 |
| 2025-10-20 | 16.89 |
| 2025-10-17 | 16.91 |
| 2025-10-16 | 16.89 |
| 2025-10-15 | 16.87 |
| 2025-10-14 | 16.92 |
| 2025-10-13 | 17.18 |
| 2025-10-10 | 17.17 |
| 2025-10-09 | 17.38 |
| 2025-10-08 | 17.52 |
| 2025-10-07 | 17.83 |
| 2025-10-06 | 17.69 |
| 2025-10-03 | 17.68 |
| 2025-10-02 | 17.31 |
| 2025-10-01 | 17.10 |
| 2025-09-30 | 16.36 |
| 2025-09-29 | 16.56 |
| 2025-09-26 | 16.89 |
| 2025-09-25 | 16.60 |
| 2025-09-24 | 17.13 |
| 2025-09-23 | 16.94 |
| 2025-09-22 | 16.19 |
| 2025-09-19 | 16.30 |
| 2025-09-18 | 16.00 |
| 2025-09-17 | 15.76 |
| 2025-09-16 | 15.53 |
| 2025-09-15 | 15.73 |
| 2025-09-12 | 15.81 |
| 2025-09-11 | 15.80 |
| 2025-09-10 | 15.48 |
| 2025-09-09 | 15.76 |
| 2025-09-08 | 15.40 |
| 2025-09-05 | 15.63 |
| 2025-09-04 | 14.85 |
| 2025-09-03 | 15.28 |
| 2025-09-02 | 15.80 |
| 2025-08-29 | 11.90 |
| 2025-08-28 | 11.99 |
| 2025-08-27 | 11.92 |
| 2025-08-26 | 12.07 |
| 2025-08-25 | 11.92 |
| 2025-08-22 | 12.19 |
| 2025-08-21 | 12.13 |
| 2025-08-20 | 11.96 |
| 2025-08-19 | 12.23 |
| 2025-08-18 | 12.26 |
| 2025-08-15 | 12.22 |
| 2025-08-14 | 12.18 |
| 2025-08-13 | 12.09 |
| 2025-08-12 | 11.76 |
| 2025-08-11 | 11.73 |
| 2025-08-08 | 11.77 |
| 2025-08-07 | 11.69 |
| 2025-08-06 | 11.80 |
| 2025-08-05 | 11.90 |
| 2025-08-04 | 11.42 |
| 2025-08-01 | 11.49 |
| 2025-07-31 | 10.72 |
| 2025-07-30 | 11.01 |
| 2025-07-29 | 11.87 |
| 2025-07-28 | 11.90 |
| 2025-07-25 | 12.15 |
| 2025-07-24 | 12.23 |
| 2025-07-23 | 12.20 |
| 2025-07-22 | 11.89 |
| 2025-07-21 | 11.70 |
| 2025-07-18 | 11.65 |
| 2025-07-17 | 11.86 |
| 2025-07-16 | 11.90 |
| 2025-07-15 | 11.70 |
Showing the most recent 260 of 4,527 data points. The chart above shows the full history.