IDXX Idexx Laboratories PE ratio, current and historical analysis
The PE ratio for Idexx Laboratories stock stands at 39.98 as of Nov 21, 2024. The calculation is based on the latest EPS of $10.47 and the stock price of $418.55 per share. A decrease of 21% has been observed in the PE ratio compared to its average of 50.6 of the last four quarters.
IDXX PE ratio history
Over the last ten years, the average PE ratio of Idexx Laboratories has been 52.83. The current 39.98 P/E ratio is 24% lower than the historical average. Looking back at the last ten years, IDXX's PE ratio peaked in the Dec 2021 quarter at 75.34, with a price of $658.46 and an EPS of $8.74. The Jun 2015 quarter marked the lowest point at 33.58, with a price of $64.14 and an EPS of $1.91.
Idexx Laboratories PE ratio by year
Maximum annual increase: 39.49% in 2020
Maximum annual decrease: -33.32% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 54.58 | 8.64% |
| 2022 | 50.24 | -33.32% |
| 2021 | 75.34 | 2.8% |
| 2020 | 73.29 | 39.49% |
| 2019 | 52.54 | 22.59% |
| 2018 | 42.86 | -17.78% |
| 2017 | 52.13 | 9.79% |
| 2016 | 47.48 | 34.77% |
| 2015 | 35.23 | -13.5% |
| 2014 | 40.73 | 35.54% |
IDXX average PE ratio chart
IDXX's current PE ratio is lower than its 3, 5 and 10-year averages.
IDXX PE vs peers
In comparison to its peer stocks ABT and TMO, IDXX's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HSIC Henry Schein Inc | 29.99 | $9.2B |
| TMO Thermo Fisher Scientific Inc | 32.28 | $197.41B |
| ABT Abbott Laboratories | 35.53 | $203.38B |
| IDXX Idexx Laboratories Inc | 39.98 | $34.27B |
| NEOG Neogen Corp | N/A | $3.16B |
| WOOF Petco Health & Wellness Company Inc | N/A | $1.3B |
Frequently asked questions
What is Idexx Laboratories's PE ratio?
The price to earnings ratio for IDXX stock as of Nov 21, 2024, stands at 39.98.
What is the 3-year average PE ratio for Idexx Laboratories (IDXX)?
The 3-year average price to earnings ratio for IDXX stock is 52.77.
What is the 5-year average PE ratio for Idexx Laboratories (IDXX)?
The 5-year average price to earnings ratio for IDXX stock is 57.08.
What is the highest PE ratio for IDXX?
The highest quarterly PE ratio in the last ten years has been 75.34 and it was in the Dec 2021 quarter.
How does the current PE ratio for IDXX compare to its historical average?
IDXX's current price to earnings ratio is 24% below its 10-year historical average.
How is IDXX's PE ratio calculated (Idexx Laboratories PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Idexx Laboratories's share price is $418.55. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $10.47. Therefore, Idexx Laboratories's PE ratio for today is 39.98. PE RATIO(39.98) = STOCK PRICE($418.55) / TTM EPS($10.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.