The PE ratio for Idexx Laboratories stock stands at 45.85 as of Sep 28, 2023. The calculation is based on the latest EPS of $9.53 and the stock price of $436.98 per share. A decrease of 10% has been observed in the PE ratio compared to its average of 50.9 of the last four quarters.
Over the last ten years, the average PE ratio of Idexx Laboratories has been 50.61. The current 45.85 P/E ratio is 9% 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 Sep 2013 quarter marked the lowest point at 28.47, with a price of $49.83 and an EPS of $1.75.
Maximum annual increase: 39.49% in 2020
Maximum annual decrease: -33.32% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 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% |
| 2013 | 30.05 | 4.92% |
IDXX's current PE ratio is lower than its 3, 5 and 10-year averages.
In comparison to its peer stocks TMO and ABT, IDXX's PE ratio is higher. Idexx Laboratories is currently trading at a higher PE ratio (45.85) than its peers average of 29.76.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HSIC Henry Schein Inc | 21.48 | $9.68B |
| WOOF Petco Health & Wellness Company Inc | 31.19 | $1.24B |
| ABT Abbott Laboratories | 32.92 | $168.52B |
| TMO Thermo Fisher Scientific Inc | 34.45 | $195.72B |
| IDXX Idexx Laboratories Inc | 45.98 | $36.38B |
| NEOG Neogen Corp | N/A | $4.03B |
The price to earnings ratio for IDXX stock as of Sep 28, 2023, stands at 45.85.
The 3-year average price to earnings ratio for IDXX stock is 61.13.
The 5-year average price to earnings ratio for IDXX stock is 58.38.
The highest quarterly PE ratio in the last ten years has been 75.34 and it was in the Dec 2021 quarter.
IDXX's current price to earnings ratio is 9% below its 10-year historical average.
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 (Sep 28, 2023), Idexx Laboratories's share price is $436.98. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $9.53. Therefore, Idexx Laboratories's PE ratio for today is 45.85. PE RATIO(45.85) = STOCK PRICE($436.98) / TTM EPS($9.53)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.