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 23.97 is 35% below its 5-year average of 36.98, near the low end of its 5-year range (23.37–486.11).
As of 2026-09-11T10:20:29.679Z. 17.24% below its 12-month average of 28.96.
Calculation as of: 2026-09-11T10:20:29.679Z.
Quote observation: 2026-09-10T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 528d3ba9148e81a59322c16104731b7399dfc1101138210616e0d0efbf11ec7a
PE Ratio (23.97) = Close Price ($159.64) / Diluted TTM EPS ($6.66)
PE RATIO
23.97
PE RATIO AVG TTM
28.96
PE RATIO AVG 3Y
33.48
PE RATIO AVG 5Y
36.98
PE RATIO AVG 10Y
38.18
PE RATIO AVG 15Y
35.40
PE RATIO AVG 20Y
30.14
CURRENT VS TTM AVG
-17.24%
CURRENT VS 3Y AVG
-28.40%
CURRENT VS 5Y AVG
-35.19%
CURRENT VS 10Y AVG
-37.23%
CURRENT VS 15Y AVG
-32.28%
CURRENT VS 20Y AVG
-20.46%
SECTOR MEDIAN · HEALTHCARE
27.08
median of 75 covered companies
CURRENT VS SECTOR MEDIAN
-11.48%
vs the sector median at left
Market Cap
$224.15B
PE Ratio
32.45
TTM Avg
30.21
3Y Avg
32.10
5Y Avg
31.41
Market Cap
$352.61B
PE Ratio
24.97
TTM Avg
22.05
3Y Avg
25.06
5Y Avg
25.46
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AstraZeneca PLC (AZN) | $247.58B | 23.97 | 28.96 | 33.48 | 36.98 |
| Thermo Fisher Scientific Inc. (TMO)vs › | $224.15B | 32.45 | 30.21 | 32.10 | 31.41 |
| Amgen Inc. (AMGN)vs › | $206.42B | 23.77 | 25.13 | 30.40 | 26.59 |
| Novo Nordisk A/S (NVO)vs › | $195.43B | 10.85 | 12.79 | 27.72 | 31.12 |
| Gilead Sciences, Inc. (GILD)vs › | $179.79B | N/A | 20.50 | 157.64 | 102.20 |
| Abbott Laboratories (ABT)vs › | $178.87B | 33.24 | 22.72 | 27.63 | 27.94 |
| Pfizer Inc. (PFE)vs › | $157.59B | 36.54 | 18.79 | 24.15 | 18.42 |
| Roche Holding AG (RHHBY)vs › | $339.06B | N/A | N/A | N/A | N/A |
| UnitedHealth Group Incorporated (UNH)vs › | $352.61B | 24.97 | 22.05 | 25.06 | 25.46 |
| Danaher Corporation (DHR)vs › | $141.00B | 35.63 | 40.46 | 39.54 | 34.90 |
At 24.0, P/E is near its 20-year median — higher than 41% of readings in its 20-year history.
20-year low
5.8
median
29.5
20-year high
486.1
Trailing P/E
24.0
Forward P/E
15.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$159.64
Forward EPS (Est.)
$10.24
Forward P/E
15.59
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 | 23.97 |
| 2026-09-09 | 23.56 |
| 2026-09-08 | 24.03 |
| 2026-09-04 | 24.43 |
| 2026-09-03 | 24.74 |
| 2026-09-02 | 24.27 |
| 2026-09-01 | 24.39 |
| 2026-08-31 | 24.34 |
| 2026-08-28 | 24.43 |
| 2026-08-27 | 24.70 |
| 2026-08-26 | 24.97 |
| 2026-08-25 | 25.47 |
| 2026-08-24 | 25.03 |
| 2026-08-21 | 24.92 |
| 2026-08-20 | 24.70 |
| 2026-08-19 | 24.77 |
| 2026-08-18 | 24.04 |
| 2026-08-17 | 23.56 |
| 2026-08-14 | 23.49 |
| 2026-08-13 | 23.61 |
| 2026-08-12 | 23.80 |
| 2026-08-11 | 23.84 |
| 2026-08-10 | 24.31 |
| 2026-08-07 | 24.24 |
| 2026-08-06 | 24.18 |
| 2026-08-05 | 24.25 |
| 2026-08-04 | 23.37 |
| 2026-08-03 | 23.72 |
| 2026-07-31 | 25.47 |
| 2026-07-30 | 25.73 |
| 2026-07-29 | 26.02 |
| 2026-07-28 | 25.90 |
| 2026-07-27 | 25.55 |
| 2026-07-24 | 25.49 |
| 2026-07-23 | 25.34 |
| 2026-07-22 | 25.56 |
| 2026-07-21 | 25.50 |
| 2026-07-20 | 24.78 |
| 2026-07-17 | 25.44 |
| 2026-07-16 | 25.50 |
| 2026-07-15 | 25.36 |
| 2026-07-14 | 24.77 |
| 2026-07-13 | 25.52 |
| 2026-07-10 | 25.84 |
| 2026-07-09 | 26.88 |
| 2026-07-08 | 28.51 |
| 2026-07-07 | 29.08 |
| 2026-07-06 | 28.64 |
| 2026-07-02 | 29.39 |
| 2026-07-01 | 27.69 |
| 2026-06-30 | 28.56 |
| 2026-06-29 | 28.76 |
| 2026-06-26 | 28.38 |
| 2026-06-25 | 27.96 |
| 2026-06-24 | 27.56 |
| 2026-06-23 | 27.26 |
| 2026-06-22 | 26.57 |
| 2026-06-18 | 26.34 |
| 2026-06-17 | 26.79 |
| 2026-06-16 | 26.91 |
| 2026-06-15 | 26.70 |
| 2026-06-12 | 26.92 |
| 2026-06-11 | 27.45 |
| 2026-06-10 | 26.95 |
| 2026-06-09 | 27.63 |
| 2026-06-08 | 27.34 |
| 2026-06-05 | 28.00 |
| 2026-06-04 | 27.38 |
| 2026-06-03 | 26.55 |
| 2026-06-02 | 26.72 |
| 2026-06-01 | 27.06 |
| 2026-05-29 | 27.96 |
| 2026-05-28 | 27.91 |
| 2026-05-27 | 27.96 |
| 2026-05-26 | 28.19 |
| 2026-05-22 | 28.17 |
| 2026-05-21 | 28.58 |
| 2026-05-20 | 28.23 |
| 2026-05-19 | 27.81 |
| 2026-05-18 | 27.70 |
| 2026-05-15 | 27.35 |
| 2026-05-14 | 27.86 |
| 2026-05-13 | 28.27 |
| 2026-05-12 | 27.79 |
| 2026-05-11 | 27.39 |
| 2026-05-08 | 27.54 |
| 2026-05-07 | 27.49 |
| 2026-05-06 | 27.85 |
| 2026-05-05 | 27.30 |
| 2026-05-04 | 27.63 |
| 2026-05-01 | 27.82 |
| 2026-04-30 | 28.22 |
| 2026-04-29 | 28.32 |
| 2026-04-28 | 28.54 |
| 2026-04-27 | 28.67 |
| 2026-04-24 | 29.01 |
| 2026-04-23 | 29.40 |
| 2026-04-22 | 29.79 |
| 2026-04-21 | 29.94 |
| 2026-04-20 | 30.69 |
| 2026-04-17 | 31.31 |
| 2026-04-16 | 30.65 |
| 2026-04-15 | 30.77 |
| 2026-04-14 | 31.25 |
| 2026-04-13 | 30.92 |
| 2026-04-10 | 31.20 |
| 2026-04-09 | 31.34 |
| 2026-04-08 | 31.23 |
| 2026-04-07 | 30.70 |
| 2026-04-06 | 31.01 |
| 2026-04-02 | 31.11 |
| 2026-04-01 | 30.69 |
| 2026-03-31 | 30.16 |
| 2026-03-30 | 29.65 |
| 2026-03-27 | 28.81 |
| 2026-03-26 | 28.04 |
| 2026-03-25 | 28.61 |
| 2026-03-24 | 28.41 |
| 2026-03-23 | 28.15 |
| 2026-03-20 | 28.07 |
| 2026-03-19 | 28.89 |
| 2026-03-18 | 28.81 |
| 2026-03-17 | 29.25 |
| 2026-03-16 | 29.36 |
| 2026-03-13 | 29.04 |
| 2026-03-12 | 29.43 |
| 2026-03-11 | 29.56 |
| 2026-03-10 | 29.81 |
| 2026-03-09 | 29.81 |
| 2026-03-06 | 29.70 |
| 2026-03-05 | 30.20 |
| 2026-03-04 | 30.81 |
| 2026-03-03 | 30.85 |
| 2026-03-02 | 31.15 |
| 2026-02-27 | 31.87 |
| 2026-02-26 | 31.19 |
| 2026-02-25 | 31.47 |
| 2026-02-24 | 34.32 |
| 2026-02-23 | 34.04 |
| 2026-02-20 | 33.92 |
| 2026-02-19 | 34.65 |
| 2026-02-18 | 34.66 |
| 2026-02-17 | 34.80 |
| 2026-02-13 | 34.14 |
| 2026-02-12 | 33.97 |
| 2026-02-11 | 34.01 |
| 2026-02-10 | 32.08 |
| 2026-02-09 | 31.23 |
| 2026-02-06 | 32.06 |
| 2026-02-05 | 31.09 |
| 2026-02-04 | 31.14 |
| 2026-02-03 | 30.62 |
| 2026-02-02 | 31.30 |
| 2026-01-30 | 31.08 |
| 2026-01-29 | 30.43 |
| 2026-01-28 | 31.20 |
| 2026-01-27 | 31.24 |
| 2026-01-26 | 29.74 |
| 2026-01-23 | 29.49 |
| 2026-01-22 | 29.82 |
| 2026-01-21 | 29.07 |
| 2026-01-20 | 30.43 |
| 2026-01-16 | 31.75 |
| 2026-01-15 | 31.37 |
| 2026-01-14 | 31.60 |
| 2026-01-13 | 31.34 |
| 2026-01-12 | 30.81 |
| 2026-01-09 | 31.73 |
| 2026-01-08 | 31.31 |
| 2026-01-07 | 31.69 |
| 2026-01-06 | 31.64 |
| 2026-01-05 | 29.74 |
| 2026-01-02 | 30.35 |
| 2025-12-31 | 29.15 |
| 2025-12-30 | 30.04 |
| 2025-12-29 | 31.07 |
| 2025-12-26 | 30.11 |
| 2025-12-24 | 30.96 |
| 2025-12-23 | 30.40 |
| 2025-12-22 | 30.02 |
| 2025-12-19 | 30.10 |
| 2025-12-18 | 29.99 |
| 2025-12-17 | 30.69 |
| 2025-12-16 | 30.35 |
| 2025-12-15 | 30.54 |
| 2025-12-12 | 29.84 |
| 2025-12-11 | 30.00 |
| 2025-12-10 | 30.22 |
| 2025-12-09 | 29.75 |
| 2025-12-08 | 30.06 |
| 2025-12-05 | 29.82 |
| 2025-12-04 | 29.91 |
| 2025-12-03 | 30.45 |
| 2025-12-02 | 29.75 |
| 2025-12-01 | 29.96 |
| 2025-11-28 | 30.52 |
| 2025-11-26 | 31.31 |
| 2025-11-25 | 31.18 |
| 2025-11-24 | 30.35 |
| 2025-11-21 | 30.33 |
| 2025-11-20 | 29.54 |
| 2025-11-19 | 29.87 |
| 2025-11-18 | 29.10 |
| 2025-11-17 | 29.11 |
| 2025-11-14 | 29.04 |
| 2025-11-13 | 29.49 |
| 2025-11-12 | 29.18 |
| 2025-11-11 | 29.10 |
| 2025-11-10 | 29.05 |
| 2025-11-07 | 27.60 |
| 2025-11-06 | 31.83 |
| 2025-11-05 | 30.56 |
| 2025-11-04 | 31.12 |
| 2025-11-03 | 30.49 |
| 2025-10-31 | 31.04 |
| 2025-10-30 | 31.01 |
| 2025-10-29 | 30.82 |
| 2025-10-28 | 31.18 |
| 2025-10-27 | 30.88 |
| 2025-10-24 | 30.84 |
| 2025-10-23 | 31.68 |
| 2025-10-22 | 31.42 |
| 2025-10-21 | 31.69 |
| 2025-10-20 | 31.45 |
| 2025-10-17 | 32.18 |
| 2025-10-16 | 31.85 |
| 2025-10-15 | 31.65 |
| 2025-10-14 | 31.85 |
| 2025-10-13 | 31.83 |
| 2025-10-10 | 31.89 |
| 2025-10-09 | 31.99 |
| 2025-10-08 | 32.41 |
| 2025-10-07 | 32.02 |
| 2025-10-06 | 32.45 |
| 2025-10-03 | 32.11 |
| 2025-10-02 | 31.01 |
| 2025-10-01 | 30.61 |
| 2025-09-30 | 28.15 |
| 2025-09-29 | 27.51 |
| 2025-09-26 | 27.53 |
| 2025-09-25 | 28.20 |
| 2025-09-24 | 28.07 |
| 2025-09-23 | 28.39 |
| 2025-09-22 | 29.53 |
| 2025-09-19 | 29.07 |
| 2025-09-18 | 28.89 |
| 2025-09-17 | 29.38 |
| 2025-09-16 | 28.81 |
| 2025-09-15 | 29.11 |
| 2025-09-12 | 30.05 |
| 2025-09-11 | 30.51 |
| 2025-09-10 | 30.16 |
| 2025-09-09 | 30.23 |
| 2025-09-08 | 30.72 |
| 2025-09-05 | 30.98 |
| 2025-09-04 | 30.51 |
| 2025-09-03 | 30.56 |
| 2025-09-02 | 30.26 |
| 2025-08-29 | 30.34 |
| 2025-08-28 | 29.79 |
Showing the most recent 260 of 4,905 data points. The chart above shows the full history.