Bristol-Myers Squibb is trading with a PEG ratio of 0.26, based on Nov 11, 2026 data. Dividing the 13.89 PE ratio by the 52.5% earnings growth rate yields this valuation metric. Relative to the 0.25 average from the previous four quarters, the PEG ratio has grown by 3%.
Historically, Bristol-Myers Squibb shows a PEG ratio averaging 0.26 across the past ten years. Today's 0.26 PE to growth ratio aligns closely with its historical average. The ten years high occurred in the Mar 2023 quarter at 0.92, reflecting maximum valuation relative to growth. The minimum was hit in the Jun 2019 quarter at 0.01, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.09 | 15.54 | 178.7% |
| 2024 | N/A | N/A | -213.7% |
| 2023 | 0.43 | 13.22 | 30.6% |
| 2022 | N/A | 24.23 | -5.7% |
| 2021 | 0.11 | 19.79 | 178.9% |
| 2020 | N/A | N/A | -297.5% |
| 2019 | N/A | 31.78 | -32.9% |
| 2018 | 0.04 | 17.27 | 393.4% |
| 2017 | N/A | 100.46 | -77.2% |
| 2016 | 0.12 | 21.89 | 184% |
| 2015 | N/A | 73.18 | -22.3% |
| 2014 | N/A | 48.79 | -22.4% |
| 2013 | 1.02 | 34.07 | 33.3% |
| 2012 | N/A | 27.85 | -46.3% |
| 2011 | 0.77 | 16.17 | 21.1% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 0.26 | 13.77 | 52.5% |
| Jun 2026 | 0.15 | 12.66 | 82.7% |
| Mar 2026 | 0.51 | 16.99 | 33.2% |
| Dec 2025 | 0.09 | 15.54 | 178.7% |
| Sep 2025 | 0.08 | 15.19 | 182.7% |
| Jun 2025 | 0.11 | 18.59 | 176.6% |
| Mar 2025 | 0.12 | 22.76 | 186.7% |
| Dec 2024 | N/A | N/A | -213.7% |
| Sep 2024 | N/A | N/A | -190.4% |
| Jun 2024 | N/A | N/A | -186% |
| Mar 2024 | N/A | N/A | -189.3% |
| Dec 2023 | 0.43 | 13.22 | 30.6% |
| Sep 2023 | 0.51 | 14.62 | 28.5% |
| Jun 2023 | 0.7 | 16.92 | 24.3% |
| Mar 2023 | 0.92 | 20.03 | 21.8% |
Measured against past performance, BMY's PEG ratio is higher than its 3-year average, though it is below the 5-year average.
With a PEG of 0.26, BMY is below the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 0.62, Bristol-Myers Squibb's PEG is 58% lower.
Compared to its peers, BMY's PEG ratio is under LLY's and AZN's but above ABBV's. Bristol-Myers Squibb's PEG ratio of 0.26 is below the peer average of 0.85.
BMY's Nov 11, 2026 PEG ratio comes in at 0.26.
BMY has a 3-year average PEG ratio of 0.22.
BMY has a 5-year average PEG ratio of 0.29.
In the last ten years, BMY's peak PEG ratio of 0.92 was recorded in the Mar 2023 quarter.
BMY's PEG ratio equals its 10-year historical average.
Strong earnings growth relative to valuation produces BMY's low PEG ratio of 0.26.
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Nov 11, 2026, Bristol-Myers Squibb has a P/E ratio of 13.89. Earnings grew at 52.5% over the TTM period ending Sep 2026. Applying the formula, this produces a price to earnings growth ratio of 0.26. PEG RATIO(0.26) = PE RATIO(13.89) / EPS GROWTH(52.5%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.