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IDXX Idexx Laboratories PE ratio, current and historical analysis

The PE ratio for Idexx Laboratories stock stands at 47.53 as of Jun 21, 2024. The calculation is based on the latest EPS of $10.43 and the stock price of $495.73 per share. A decrease of 6% has been observed in the PE ratio compared to its average of 50.8 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 52.07. The current 47.53 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 2014 quarter marked the lowest point at 30.21, with a price of $58.92 and an EPS of $1.95.

Average
52.07
Median
51.95
Minimum
30.21
Maximum
75.34

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

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
56.78
5-year avg
57.97
10-year avg
52.07
15-year avg
44.08

IDXX PE vs peers

What is IDXX's PE ratio compared to its peers

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 22.49 $8.61B
ABT Abbott Laboratories 32.73 $183.91B
TMO Thermo Fisher Scientific Inc 36.08 $215.52B
IDXX Idexx Laboratories Inc 47.53 $40.94B
NEOG Neogen Corp 828.5 $3.59B
WOOF Petco Health & Wellness Company Inc N/A $1.1B

Frequently asked questions

What is Idexx Laboratories's PE ratio?

The price to earnings ratio for IDXX stock as of Jun 21, 2024, stands at 47.53.

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

The 3-year average price to earnings ratio for IDXX stock is 56.78.

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

The 5-year average price to earnings ratio for IDXX stock is 57.97.

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 (Jun 21, 2024), Idexx Laboratories's share price is $495.73. 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 47.53. PE RATIO(47.53) = STOCK PRICE($495.73) / TTM EPS($10.43)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.