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ABBV AbbVie PE ratio, current and historical analysis

As at Feb 28, 2024, the ABBV stock has a PE ratio of 65.22. This is based on the current EPS of $2.73 and the stock price of $178.06 per share. An increase of 61% has been seen in the P/E ratio compared to the average of 40.6 of the last 4 quarters.

ABBV PE ratio history

How has ABBV's PE ratio performed in the past

The mean historical PE ratio of AbbVie over the last ten years is 26.99. The current 65.22 PE ratio is 142% above the historical average. Over the past ten years, ABBV's PE ratio was at its highest in the Dec 2014 quarter at 58.95, with a price of $65.44 and an EPS of $1.11. The Mar 2020 quarter recorded the bottom point at 13.44, with a price of $76.19 and an EPS of $5.67.

Average
26.99
Median
23.04
Minimum
13.44
Maximum
58.95

AbbVie PE ratio by year

Maximum annual increase: 187.98% in 2014

Maximum annual decrease: -68.09% in 2015

Year PE ratio Change
2023 56.77 133.62%
2022 24.3 16.27%
2021 20.9 -46.75%
2020 39.25 134.89%
2019 16.71 -33.48%
2018 25.12 -14.03%
2017 29.22 70.28%
2016 17.16 -8.77%
2015 18.81 -68.09%
2014 58.95 187.98%

ABBV average PE ratio chart

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

ABBV's current P/E ratio is above the 3, 5 and 10-year historical averages.

3-year avg
30.48
5-year avg
27.81
10-year avg
26.99
15-year avg
N/A

ABBV PE vs peers

What is ABBV's PE ratio compared to its peers

ABBV's PE ratio is lower than its peer stocks LLY and PFE, but it is greater than AZN's and AMGN's. AbbVie's current PE ratio of 65.22 is above the average of its peers, which is 33.81.

Stock name PE ratio Market cap
BMY Bristol Myers Squibb Co 13.08 $102.63B
GILD Gilead Sciences Inc 15.88 $89.83B
AMGN Amgen Inc 21.79 $146.68B
BIIB Biogen Inc 27.05 $31.54B
AZN Astrazeneca plc 33.42 $198.92B
NBIX Neurocrine Biosciences Inc 50.91 $12.97B
ABBV AbbVie Inc 64.43 $310.72B
PFE Pfizer Inc 69.89 $149.98B
LLY ELI LILLY & Co 129.43 $715.72B

Frequently asked questions

What is AbbVie's PE ratio?

As of Feb 28, 2024, ABBV stock has a price to earnings ratio of 65.22.

What is the 3-year average PE ratio for AbbVie (ABBV)?

The average PE ratio for ABBV stock over the past 3 years is 30.48.

What is the 5-year average PE ratio for AbbVie (ABBV)?

The average PE ratio for ABBV stock over the past 5 years is 27.81.

What is the highest PE ratio for ABBV?

Within the last ten years, the current P/E ratio is at its peak with a value of 65.22.

How does the current PE ratio for ABBV compare to its historical average?

ABBV's current price to earnings ratio is 142% above its 10-year historical average.

How is ABBV's PE ratio calculated (AbbVie PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Feb 28, 2024), AbbVie's stock price is $178.06. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.73. Therefore, AbbVie's P/E ratio for today is 65.22. PE RATIO(65.22) = STOCK PRICE($178.06) / TTM EPS($2.73)

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