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 36.92 is 44% below its 5-year average of 65.51, near the low end of its 5-year range (10.69–942.50).
As of Sunday, July 26, 2026. 162.36% above its 12-month average of 14.07.
PE Ratio (36.92) = Close Price ($131.07) / Diluted TTM EPS ($3.55)
PE RATIO
36.92
PE RATIO AVG TTM
14.07
PE RATIO AVG 3Y
39.90
PE RATIO AVG 5Y
21.11
PE RATIO AVG 10Y
23.77
PE RATIO AVG 15Y
23.42
PE RATIO AVG 20Y
21.02
CURRENT VS TTM AVG
+162.36%
CURRENT VS 3Y AVG
-7.47%
CURRENT VS 5Y AVG
+74.92%
CURRENT VS 10Y AVG
+55.32%
CURRENT VS 15Y AVG
+57.67%
CURRENT VS 20Y AVG
+75.66%
SECTOR MEDIAN · HEALTHCARE
27.83
median of 65 covered companies
CURRENT VS SECTOR MEDIAN
+32.66%
vs the sector median at left
Market Cap
$382.09B
PE Ratio
27.06
TTM Avg
20.01
3Y Avg
24.81
5Y Avg
25.42
Market Cap
$211.18B
PE Ratio
30.57
TTM Avg
29.63
3Y Avg
32.29
5Y Avg
31.25
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Merck & Co., Inc. (MRK) | $323.72B | 36.92 | 14.07 | 39.90 | 21.11 |
| UnitedHealth Group Incorporated (UNH)vs › | $382.09B | 27.06 | 20.01 | 24.81 | 25.42 |
| AstraZeneca PLC (AZN)vs › | $262.31B | 12.75 | 14.81 | 17.17 | 32.56 |
| Novo Nordisk A/S (NVO)vs › | $216.72B | 11.41 | 13.28 | 29.06 | 31.66 |
| Thermo Fisher Scientific Inc. (TMO)vs › | $211.18B | 30.57 | 29.63 | 32.29 | 31.25 |
| Amgen Inc. (AMGN)vs › | $202.95B | 26.17 | 24.86 | 29.97 | 26.48 |
| AbbVie Inc. (ABBV)vs › | $458.11B | 127.18 | 121.04 | 78.91 | 57.61 |
| Abbott Laboratories (ABT)vs › | $179.58B | 33.14 | 20.67 | 27.74 | 28.01 |
| Gilead Sciences, Inc. (GILD)vs › | $160.55B | 17.62 | 20.68 | 157.14 | 103.81 |
| Pfizer Inc. (PFE)vs › | $139.86B | 18.73 | 16.47 | 22.90 | 18.12 |
At 36.9, P/E is richer than usual, sitting higher than 87% of its 20-year history.
20-year low
5.3
median
21.6
20-year high
942.5
Trailing P/E
36.9
Forward P/E
47.2
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$131.07
Forward EPS (Est.)
$2.78
Forward P/E
47.20
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 |
|---|---|
| 2026-07-24 | 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 | 31.86 |
| 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 | 17.02 |
| 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 | 11.15 |
| 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 |
| 2025-08-28 | 12.82 |
| 2025-08-27 | 12.95 |
| 2025-08-26 | 13.10 |
| 2025-08-25 | 13.14 |
| 2025-08-22 | 13.46 |
| 2025-08-21 | 13.26 |
| 2025-08-20 | 13.04 |
| 2025-08-19 | 13.09 |
| 2025-08-18 | 12.98 |
| 2025-08-15 | 12.98 |
| 2025-08-14 | 12.75 |
| 2025-08-13 | 12.74 |
| 2025-08-12 | 12.37 |
| 2025-08-11 | 12.33 |
| 2025-08-08 | 12.43 |
| 2025-08-07 | 12.38 |
| 2025-08-06 | 12.24 |
| 2025-08-05 | 12.45 |
| 2025-08-04 | 11.62 |
| 2025-08-01 | 11.54 |
| 2025-07-31 | 11.37 |
| 2025-07-30 | 11.90 |
| 2025-07-29 | 12.03 |
| 2025-07-28 | 12.24 |
| 2025-07-25 | 12.33 |
| 2025-07-24 | 12.24 |
| 2025-07-23 | 12.22 |
| 2025-07-22 | 11.88 |
| 2025-07-21 | 11.54 |
| 2025-07-18 | 11.64 |
| 2025-07-17 | 11.87 |
| 2025-07-16 | 12.00 |
| 2025-07-15 | 11.87 |
| 2025-07-14 | 12.18 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.