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IDXX Idexx Laboratories PE ratio, current and historical analysis

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.

IDXX PE ratio history

How has IDXX's PE ratio performed in the past

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.


Idexx Laboratories PE ratio by year

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 average PE ratio chart

What is the average PE ratio of IDXX for the past years

IDXX's current PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
5-year avg
10-year avg
15-year avg

IDXX PE vs peers

What is IDXX's PE ratio compared to its peers

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

Frequently asked questions

What is Idexx Laboratories's PE ratio?

The price to earnings ratio for IDXX stock as of Sep 28, 2023, stands at 45.85.

What is the 3-year average PE ratio for Idexx Laboratories (IDXX)?

The 3-year average price to earnings ratio for IDXX stock is 61.13.

What is the 5-year average PE ratio for Idexx Laboratories (IDXX)?

The 5-year average price to earnings ratio for IDXX stock is 58.38.

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 9% 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 (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.