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 15.96 is 37% below its 5-year average of 25.15, near the low end of its 5-year range (13.03–595.57).
As of 2026-09-19T00:15:43.163Z. 1.74% below its 12-month average of 16.24.
Calculation as of: 2026-09-19T00:15:43.163Z.
Quote observation: 2026-09-18T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 16d9fb761af4d4f75fbdea9cd0c33bad22e8ff133c571a16cba71ffd353317c6
PE Ratio (15.96) = Close Price ($125.31) / Diluted TTM EPS ($7.85)
PE RATIO
15.96
PE RATIO AVG TTM
16.24
PE RATIO AVG 3Y
69.76
PE RATIO AVG 5Y
25.15
PE RATIO AVG 10Y
68.98
PE RATIO AVG 15Y
N/A
PE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-1.74%
CURRENT VS 3Y AVG
-77.12%
CURRENT VS 5Y AVG
-36.53%
CURRENT VS 10Y AVG
-76.86%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
27.26
median of 75 covered companies
CURRENT VS SECTOR MEDIAN
-41.45%
vs the sector median at left
Market Cap
$25.49B
PE Ratio
46.31
TTM Avg
40.72
3Y Avg
42.55
5Y Avg
42.74
Market Cap
$27.20B
PE Ratio
26.17
TTM Avg
22.51
3Y Avg
21.00
5Y Avg
17.77
Market Cap
$28.14B
PE Ratio
31.30
TTM Avg
31.85
3Y Avg
32.66
5Y Avg
35.36
Market Cap
$28.97B
PE Ratio
18.59
TTM Avg
18.50
3Y Avg
20.58
5Y Avg
20.24
Market Cap
$21.00B
PE Ratio
17.72
TTM Avg
18.79
3Y Avg
15.33
5Y Avg
16.01
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Incyte Corporation (INCY) | $25.40B | 15.96 | 16.24 | 69.76 | 25.15 |
| West Pharmaceutical Services, Inc. (WST)vs › | $25.49B | 46.31 | 40.72 | 42.55 | 42.74 |
| Labcorp Holdings Inc. (LH)vs › | $26.30B | 26.53 | 26.25 | 32.60 | 24.24 |
| BioNTech SE (BNTX)vs › | $24.13B | N/A | 56.34 | 22.85 | 82.93 |
| Medline Inc. (MDLN)vs › | $26.75B | 36.79 | 35.27 | 35.27 | 35.27 |
| Quest Diagnostics Incorporated (DGX)vs › | $27.20B | 26.17 | 22.51 | 21.00 | 17.77 |
| Mettler-Toledo International Inc. (MTD)vs › | $28.14B | 31.30 | 31.85 | 32.66 | 35.36 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $28.97B | 18.59 | 18.50 | 20.58 | 20.24 |
| United Therapeutics Corporation (UTHR)vs › | $21.00B | 17.72 | 18.79 | 15.33 | 16.01 |
| Zoetis Inc. (ZTS)vs › | $29.95B | 11.77 | 18.50 | 28.26 | 33.50 |
At 16.0, P/E is below its 11-year median — higher than 7% of readings in its 11-year history.
11-year low
13.0
median
43.2
11-year high
8187.0
Trailing P/E
16.0
Forward P/E
33.3
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$125.31
Forward EPS (Est.)
$3.76
Forward P/E
33.31
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 | 15.47 |
| 2026-09-10 | 15.70 |
| 2026-09-09 | 16.05 |
| 2026-09-08 | 15.85 |
| 2026-09-04 | 16.15 |
| 2026-09-03 | 16.31 |
| 2026-09-02 | 16.41 |
| 2026-09-01 | 15.92 |
| 2026-08-31 | 15.70 |
| 2026-08-28 | 15.84 |
| 2026-08-27 | 16.27 |
| 2026-08-26 | 16.32 |
| 2026-08-25 | 16.52 |
| 2026-08-24 | 16.30 |
| 2026-08-21 | 16.28 |
| 2026-08-20 | 16.21 |
| 2026-08-19 | 16.37 |
| 2026-08-18 | 15.73 |
| 2026-08-17 | 15.73 |
| 2026-08-14 | 15.31 |
| 2026-08-13 | 15.35 |
| 2026-08-12 | 15.38 |
| 2026-08-11 | 15.42 |
| 2026-08-10 | 15.48 |
| 2026-08-07 | 15.36 |
| 2026-08-06 | 15.08 |
| 2026-08-05 | 15.26 |
| 2026-08-04 | 15.36 |
| 2026-08-03 | 15.09 |
| 2026-07-31 | 15.23 |
| 2026-07-30 | 15.67 |
| 2026-07-29 | 16.19 |
| 2026-07-28 | 18.35 |
| 2026-07-27 | 16.79 |
| 2026-07-24 | 16.62 |
| 2026-07-23 | 16.48 |
| 2026-07-22 | 16.35 |
| 2026-07-21 | 16.58 |
| 2026-07-20 | 16.33 |
| 2026-07-17 | 16.56 |
| 2026-07-16 | 16.48 |
| 2026-07-15 | 16.26 |
| 2026-07-14 | 16.23 |
| 2026-07-13 | 16.13 |
| 2026-07-10 | 16.48 |
| 2026-07-09 | 16.74 |
| 2026-07-08 | 16.56 |
| 2026-07-07 | 16.67 |
| 2026-07-06 | 16.33 |
| 2026-07-02 | 16.51 |
| 2026-07-01 | 16.07 |
| 2026-06-30 | 16.01 |
| 2026-06-29 | 16.19 |
| 2026-06-26 | 16.07 |
| 2026-06-25 | 15.19 |
| 2026-06-24 | 15.32 |
| 2026-06-23 | 14.75 |
| 2026-06-22 | 14.64 |
| 2026-06-18 | 13.87 |
| 2026-06-17 | 13.98 |
| 2026-06-16 | 14.09 |
| 2026-06-15 | 14.40 |
| 2026-06-12 | 15.33 |
| 2026-06-11 | 15.23 |
| 2026-06-10 | 14.89 |
| 2026-06-09 | 14.58 |
| 2026-06-08 | 14.21 |
| 2026-06-05 | 14.46 |
| 2026-06-04 | 14.30 |
| 2026-06-03 | 13.84 |
| 2026-06-02 | 13.03 |
| 2026-06-01 | 13.50 |
| 2026-05-29 | 13.66 |
| 2026-05-28 | 13.77 |
| 2026-05-27 | 13.75 |
| 2026-05-26 | 13.71 |
| 2026-05-22 | 13.72 |
| 2026-05-21 | 13.76 |
| 2026-05-20 | 13.71 |
| 2026-05-19 | 13.50 |
| 2026-05-18 | 13.44 |
| 2026-05-15 | 13.46 |
| 2026-05-14 | 13.79 |
| 2026-05-13 | 13.96 |
| 2026-05-12 | 14.00 |
| 2026-05-11 | 14.17 |
| 2026-05-08 | 13.92 |
| 2026-05-07 | 13.81 |
| 2026-05-06 | 14.10 |
| 2026-05-05 | 13.77 |
| 2026-05-04 | 13.72 |
| 2026-05-01 | 13.69 |
| 2026-04-30 | 13.46 |
| 2026-04-29 | 14.00 |
| 2026-04-28 | 15.25 |
| 2026-04-27 | 14.93 |
| 2026-04-24 | 14.77 |
| 2026-04-23 | 14.89 |
| 2026-04-22 | 15.09 |
| 2026-04-21 | 15.01 |
| 2026-04-20 | 15.12 |
| 2026-04-17 | 15.26 |
| 2026-04-16 | 14.87 |
| 2026-04-15 | 15.15 |
| 2026-04-14 | 15.24 |
| 2026-04-13 | 14.91 |
| 2026-04-10 | 14.99 |
| 2026-04-09 | 15.13 |
| 2026-04-08 | 14.96 |
| 2026-04-07 | 14.62 |
| 2026-04-06 | 14.80 |
| 2026-04-02 | 14.97 |
| 2026-04-01 | 14.71 |
| 2026-03-31 | 14.68 |
| 2026-03-30 | 14.09 |
| 2026-03-27 | 14.09 |
| 2026-03-26 | 14.39 |
| 2026-03-25 | 14.39 |
| 2026-03-24 | 14.14 |
| 2026-03-23 | 14.11 |
| 2026-03-20 | 14.16 |
| 2026-03-19 | 14.50 |
| 2026-03-18 | 14.39 |
| 2026-03-17 | 14.70 |
| 2026-03-16 | 14.51 |
| 2026-03-13 | 14.44 |
| 2026-03-12 | 14.36 |
| 2026-03-11 | 14.77 |
| 2026-03-10 | 14.98 |
| 2026-03-09 | 15.15 |
| 2026-03-06 | 14.97 |
| 2026-03-05 | 15.18 |
| 2026-03-04 | 15.42 |
| 2026-03-03 | 15.30 |
| 2026-03-02 | 15.61 |
| 2026-02-27 | 15.80 |
| 2026-02-26 | 15.61 |
| 2026-02-25 | 15.60 |
| 2026-02-24 | 15.76 |
| 2026-02-23 | 15.73 |
| 2026-02-20 | 15.81 |
| 2026-02-19 | 15.87 |
| 2026-02-18 | 16.07 |
| 2026-02-17 | 15.78 |
| 2026-02-13 | 15.77 |
| 2026-02-12 | 15.72 |
| 2026-02-11 | 15.42 |
| 2026-02-10 | 16.76 |
| 2026-02-09 | 18.26 |
| 2026-02-06 | 18.16 |
| 2026-02-05 | 17.21 |
| 2026-02-04 | 17.19 |
| 2026-02-03 | 16.90 |
| 2026-02-02 | 17.20 |
| 2026-01-30 | 16.76 |
| 2026-01-29 | 16.93 |
| 2026-01-28 | 16.95 |
| 2026-01-27 | 17.33 |
| 2026-01-26 | 17.18 |
| 2026-01-23 | 17.08 |
| 2026-01-22 | 17.60 |
| 2026-01-21 | 17.53 |
| 2026-01-20 | 17.19 |
| 2026-01-16 | 17.79 |
| 2026-01-15 | 17.63 |
| 2026-01-14 | 17.75 |
| 2026-01-13 | 17.32 |
| 2026-01-12 | 17.81 |
| 2026-01-09 | 17.90 |
| 2026-01-08 | 17.74 |
| 2026-01-07 | 18.52 |
| 2026-01-06 | 17.87 |
| 2026-01-05 | 17.05 |
| 2026-01-02 | 16.99 |
| 2025-12-31 | 16.54 |
| 2025-12-30 | 16.57 |
| 2025-12-29 | 16.63 |
| 2025-12-26 | 16.77 |
| 2025-12-24 | 16.82 |
| 2025-12-23 | 16.90 |
| 2025-12-22 | 16.87 |
| 2025-12-19 | 17.20 |
| 2025-12-18 | 16.30 |
| 2025-12-17 | 16.35 |
| 2025-12-16 | 16.25 |
| 2025-12-15 | 16.52 |
| 2025-12-12 | 15.98 |
| 2025-12-11 | 16.10 |
| 2025-12-10 | 15.94 |
| 2025-12-09 | 15.94 |
| 2025-12-08 | 16.20 |
| 2025-12-05 | 17.17 |
| 2025-12-04 | 16.83 |
| 2025-12-03 | 17.00 |
| 2025-12-02 | 16.99 |
| 2025-12-01 | 17.09 |
| 2025-11-28 | 17.50 |
| 2025-11-26 | 17.70 |
| 2025-11-25 | 17.68 |
| 2025-11-24 | 17.80 |
| 2025-11-21 | 17.10 |
| 2025-11-20 | 17.05 |
| 2025-11-19 | 16.97 |
| 2025-11-18 | 17.40 |
| 2025-11-17 | 17.45 |
| 2025-11-14 | 17.45 |
| 2025-11-13 | 17.66 |
| 2025-11-12 | 18.13 |
| 2025-11-11 | 18.12 |
| 2025-11-10 | 17.75 |
| 2025-11-07 | 17.75 |
| 2025-11-06 | 17.62 |
| 2025-11-05 | 17.71 |
| 2025-11-04 | 17.24 |
| 2025-11-03 | 17.01 |
| 2025-10-31 | 15.66 |
| 2025-10-30 | 15.51 |
| 2025-10-29 | 15.11 |
| 2025-10-28 | 20.83 |
| 2025-10-27 | 21.15 |
| 2025-10-24 | 20.75 |
| 2025-10-23 | 20.30 |
| 2025-10-22 | 20.01 |
| 2025-10-21 | 19.84 |
| 2025-10-20 | 19.58 |
| 2025-10-17 | 19.90 |
| 2025-10-16 | 19.84 |
| 2025-10-15 | 20.03 |
| 2025-10-14 | 19.54 |
| 2025-10-13 | 19.26 |
| 2025-10-10 | 19.05 |
| 2025-10-09 | 19.26 |
| 2025-10-08 | 19.40 |
| 2025-10-07 | 19.81 |
| 2025-10-06 | 19.83 |
| 2025-10-03 | 19.74 |
| 2025-10-02 | 19.61 |
| 2025-10-01 | 19.70 |
| 2025-09-30 | 19.27 |
| 2025-09-29 | 19.07 |
| 2025-09-26 | 18.80 |
| 2025-09-25 | 18.56 |
| 2025-09-24 | 19.13 |
| 2025-09-23 | 19.21 |
| 2025-09-22 | 19.26 |
| 2025-09-19 | 19.67 |
| 2025-09-18 | 19.55 |
| 2025-09-17 | 19.27 |
| 2025-09-16 | 19.07 |
| 2025-09-15 | 18.90 |
| 2025-09-12 | 18.89 |
| 2025-09-11 | 19.58 |
| 2025-09-10 | 19.60 |
| 2025-09-09 | 19.45 |
| 2025-09-08 | 19.67 |
| 2025-09-05 | 19.69 |
| 2025-09-04 | 19.42 |
| 2025-09-03 | 19.76 |
| 2025-09-02 | 19.54 |
| 2025-08-29 | 19.23 |
Showing the most recent 260 of 2,024 data points. The chart above shows the full history.