ABBV AbbVie PE ratio, current and historical analysis
As at Nov 21, 2024, the ABBV stock has a PE ratio of 59.63. This is based on the current EPS of $2.88 and the stock price of $171.73 per share. The current PE ratio is comparable to the past four-quarter average.
ABBV PE ratio history
The mean historical PE ratio of AbbVie over the last ten years is 29.82. The current 59.63 PE ratio is 100% above the historical average. Over the past ten years, ABBV's PE ratio was at its highest in the Sep 2024 quarter at 68.57, with a price of $197.48 and an EPS of $2.88. The Mar 2020 quarter recorded the bottom point at 13.44, with a price of $76.19 and an EPS of $5.67.
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
ABBV's current P/E ratio is above the 3, 5 and 10-year historical averages.
ABBV PE vs 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 59.63 is above the average of its peers, which is 37.98.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BIIB Biogen Inc | 14.22 | $23.03B |
| AZN Astrazeneca plc | 30.75 | $199.21B |
| NBIX Neurocrine Biosciences Inc | 32.38 | $12.66B |
| PFE Pfizer Inc | 33.07 | $142.41B |
| AMGN Amgen Inc | 36.74 | $155.83B |
| ABBV AbbVie Inc | 59.63 | $303.47B |
| LLY ELI LILLY & Co | 80.72 | $711.91B |
| GILD Gilead Sciences Inc | 897.6 | $111.86B |
| BMY Bristol Myers Squibb Co | N/A | $118.1B |
Frequently asked questions
What is AbbVie's PE ratio?
As of Nov 21, 2024, ABBV stock has a price to earnings ratio of 59.63.
What is the 3-year average PE ratio for AbbVie (ABBV)?
The average PE ratio for ABBV stock over the past 3 years is 37.51.
What is the 5-year average PE ratio for AbbVie (ABBV)?
The average PE ratio for ABBV stock over the past 5 years is 32.71.
What is the highest PE ratio for ABBV?
Over the last ten years, the quarterly PE ratio reached a historic high of 68.57 in the Sep 2024 quarter.
How does the current PE ratio for ABBV compare to its historical average?
ABBV's current price to earnings ratio is 100% 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 (Nov 21, 2024), AbbVie's stock price is $171.73. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.88. Therefore, AbbVie's P/E ratio for today is 59.63. PE RATIO(59.63) = STOCK PRICE($171.73) / TTM EPS($2.88)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.