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ABBV AbbVie PE ratio, current and historical analysis

As at Jul 22, 2024, the ABBV stock has a PE ratio of 51.52. This is based on the current EPS of $3.37 and the stock price of $173.61 per share. An increase of 15% has been seen in the P/E ratio compared to the average of 44.8 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 28.0. The current 51.52 PE ratio is 84% 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
28
Median
23.72
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
31.85
5-year avg
29.57
10-year avg
28
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 GILD, but it is greater than AZN's and AMGN's. AbbVie's current PE ratio of 51.52 is above the average of its peers, which is 38.26.

Stock name PE ratio Market cap
BIIB Biogen Inc 27.91 $32.71B
AZN Astrazeneca plc 38.56 $245.05B
NBIX Neurocrine Biosciences Inc 38.68 $14.68B
AMGN Amgen Inc 47.34 $178.78B
ABBV AbbVie Inc 51.45 $306.2B
LLY ELI LILLY & Co 128.75 $834.54B
GILD Gilead Sciences Inc 178.66 $89.03B
PFE Pfizer Inc N/A $167.19B
BMY Bristol Myers Squibb Co N/A $86.05B

Frequently asked questions

What is AbbVie's PE ratio?

As of Jul 22, 2024, ABBV stock has a price to earnings ratio of 51.52.

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

The average PE ratio for ABBV stock over the past 3 years is 31.85.

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

The average PE ratio for ABBV stock over the past 5 years is 29.57.

What is the highest PE ratio for ABBV?

Over the last ten years, the quarterly PE ratio reached a historic high of 58.95 in the Dec 2014 quarter.

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

ABBV's current price to earnings ratio is 84% 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 (Jul 22, 2024), AbbVie's stock price is $173.61. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.37. Therefore, AbbVie's P/E ratio for today is 51.52. PE RATIO(51.52) = STOCK PRICE($173.61) / TTM EPS($3.37)

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