The PE ratio for Idexx Laboratories stock stands at 45.13 as of Jul 25, 2024. The calculation is based on the latest EPS of $10.43 and the stock price of $470.68 per share. A decrease of 11% has been observed in the PE ratio compared to its average of 50.8 of the last four quarters.
Over the last ten years, the average PE ratio of Idexx Laboratories has been 52.49. The current 45.13 P/E ratio is 14% 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 2014 quarter marked the lowest point at 30.21, with a price of $58.92 and an EPS of $1.95.
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's current PE ratio is lower than its 3, 5 and 10-year averages.
In comparison to its peer NEOG, IDXX's PE ratio is lower, but it is higher than TMO's and ABT's.
Stock name | PE ratio | Market cap |
---|---|---|
HSIC Henry Schein Inc | 24.18 | $9.26B |
ABT Abbott Laboratories | 32.58 | $183.08B |
TMO Thermo Fisher Scientific Inc | 38.79 | $231.76B |
IDXX Idexx Laboratories Inc | 45.03 | $38.79B |
NEOG Neogen Corp | 866.5 | $3.75B |
WOOF Petco Health & Wellness Company Inc | N/A | $1.1B |
The price to earnings ratio for IDXX stock as of Jul 25, 2024, stands at 45.13.
The 3-year average price to earnings ratio for IDXX stock is 55.2.
The 5-year average price to earnings ratio for IDXX stock is 57.95.
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 14% 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 (Jul 25, 2024), Idexx Laboratories's share price is $470.68. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $10.43. Therefore, Idexx Laboratories's PE ratio for today is 45.13. PE RATIO(45.13) = STOCK PRICE($470.68) / TTM EPS($10.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.