AZN Astrazeneca PE ratio, current and historical analysis
The current PE ratio for Astrazeneca stock as of Nov 21, 2024 is 30.75. This is calculated based on the TTM EPS of $2.09 and the stock price of $64.26 per share. The PE ratio marks a decrease of 14% from its last 4 quarters average of 35.8.
AZN PE ratio history
The average historical PE ratio of Astrazeneca for the last ten years is 83.48. The current P/E ratio of 30.75 is 63% lower than the historical average. Looking back at the last ten years, AZN's PE ratio peaked in the Dec 2021 quarter at 1,456.25, when the price was $58.25 and the EPS was $0.04. The lowest point was in the Dec 2016 quarter, when it reached 19.65 with a price of $27.32 and an EPS of $1.39.
Astrazeneca PE ratio by year
Maximum annual increase: 3,453.56% in 2021
Maximum annual decrease: -95.61% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 35.08 | -45.15% |
| 2022 | 63.96 | -95.61% |
| 2021 | 1,456.25 | 3,453.56% |
| 2020 | 40.98 | -57.26% |
| 2019 | 95.88 | 114.59% |
| 2018 | 44.68 | 53.22% |
| 2017 | 29.16 | 48.4% |
| 2016 | 19.65 | -35.17% |
| 2015 | 30.31 | -57.8% |
| 2014 | 71.82 | 146.8% |
AZN average PE ratio chart
Currently, AZN's PE ratio is lower than its 3, 5 and 10-year averages.
AZN PE vs peers
In comparison to its peers LLY and ABT, AZN's PE ratio is lower, but it is higher than JNJ's and MRK's. Astrazeneca's PE ratio is trading below the peer average of 31.74.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NVS Novartis AG | 12.03 | $207.63B |
| BIIB Biogen Inc | 14.22 | $23.03B |
| MRK Merck & Co Inc | 20.85 | $252.61B |
| JNJ Johnson & Johnson | 25.79 | $374.39B |
| AZN Astrazeneca plc | 30.75 | $199.21B |
| PFE Pfizer Inc | 33.07 | $142.41B |
| ABT Abbott Laboratories | 35.53 | $203.38B |
| LLY ELI LILLY & Co | 80.72 | $711.91B |
| BMY Bristol Myers Squibb Co | N/A | $118.1B |
Frequently asked questions
What is Astrazeneca's PE ratio?
AZN stock has a price to earnings ratio of 30.75 as of Nov 21, 2024.
What is the 3-year average PE ratio for Astrazeneca (AZN)?
The 3-year average price to earnings ratio for AZN stock is 187.85.
What is the 5-year average PE ratio for Astrazeneca (AZN)?
The 5-year average price to earnings ratio for AZN stock is 132.29.
What is the highest PE ratio for AZN?
Over the last ten years, the quarterly PE ratio reached its highest level at 1,456.25 in the Dec 2021 quarter.
How does the current PE ratio for AZN compare to its historical average?
The current PE ratio of AZN is 63% lower than the 10-year historical average.
How is AZN's PE ratio calculated (Astrazeneca PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), Astrazeneca's share price is $64.26. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.09. Therefore, Astrazeneca's PE ratio for today is 30.75. PE RATIO(30.75) = STOCK PRICE($64.26) / TTM EPS($2.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.