DGX Quest Diagnostics PE ratio, current and historical analysis

As of Apr 21, 2025, the DGX stock has a PE ratio of 20.8. The calculation is based on the latest EPS of $7.78 and the stock price of $161.86 per share. An increase of 10% has been observed in the PE ratio compared to its average of 19.0 of the last four quarters.

DGX PE ratio history

How has DGX's PE ratio performed in the past

The mean historical PE ratio of Quest Diagnostics over the last ten years is 16.2. The current 20.8 P/E ratio is 28% higher than the historical average. Looking back at the last ten years, DGX's PE ratio peaked in the Jun 2017 quarter at 21.88, with a price of $111.16 and an EPS of $5.08. The Jun 2021 quarter marked the lowest point at 7.74, with a price of $131.97 and an EPS of $17.06.

Today
22.28
Average
16.2
Median
17.49
Minimum
7.74
Maximum
21.88

Quest Diagnostics PE ratio by year

Maximum annual increase: 82.59% in 2014

Maximum annual decrease: -42.57% in 2013

Year PE ratio PE change Price EPS
2024 19.39 6.71% $150.86 $7.78
2023 18.17 -5.9% $137.88 $7.59
2022 19.31 76.83% $156.44 $8.1
2021 10.92 -2.67% $173.01 $15.85
2020 11.22 -33.17% $119.17 $10.62
2019 16.79 8.67% $106.79 $6.36
2018 15.45 -11.66% $83.27 $5.39
2017 17.49 -12.86% $98.49 $5.63
2016 20.07 38.8% $91.9 $4.58
2015 14.46 -17.42% $71.14 $4.92
2014 17.51 82.59% $67.06 $3.83
2013 9.59 -42.57% $53.54 $5.58
2012 16.7 -15.14% $58.27 $3.49
2011 19.68 48.75% $58.06 $2.95
2010 13.23 -14.31% $53.97 $4.08

Quest Diagnostics PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 19.39 -6.06% $150.86 $7.78
Sep 2024 20.64 13.1% $155.25 $7.52
Jun 2024 18.25 3.22% $136.88 $7.5
Mar 2024 17.68 -2.7% $133.11 $7.53
Dec 2023 18.17 1.4% $137.88 $7.59
Sep 2023 17.92 -10.62% $121.86 $6.8
Jun 2023 20.05 -1.81% $140.56 $7.01
Mar 2023 20.42 5.75% $141.48 $6.93
Dec 2022 19.31 63.51% $156.44 $8.1
Sep 2022 11.81 9.25% $122.69 $10.39
Jun 2022 10.81 21.19% $132.98 $12.3
Mar 2022 8.92 -18.32% $136.86 $15.35
Dec 2021 10.92 27.57% $173.01 $15.85
Sep 2021 8.56 10.59% $145.31 $16.97
Jun 2021 7.74 -19.21% $131.97 $17.06

DGX average PE ratio chart

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

DGX's current PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg
17.68
5-year avg
15.04
10-year avg
16.2
15-year avg
15.99

DGX PE vs peers

What is DGX's PE ratio compared to its peers

DGX's PE ratio stands lower than its peer stocks LH and QGEN.

Stock name PE ratio Market cap
DGX Quest Diagnostics Inc 22.28 $19.23B
LH Laboratory Corp Of America Holdings 24.66 $18.35B
QGEN Qiagen NV 111.63 $9.43B
NEO Neogenomics Inc N/A $1.28B

Frequently asked questions

What is Quest Diagnostics's PE ratio?

DGX's price to earnings ratio is 20.8 as of Apr 21, 2025.

What is the 3-year average PE ratio for Quest Diagnostics (DGX)?

Over the last 3 years, the average price to earnings ratio for DGX stock is 17.68.

What is the 5-year average PE ratio for Quest Diagnostics (DGX)?

Over the last 5 years, the average price to earnings ratio for DGX stock is 15.04.

What is the highest PE ratio for DGX?

Over the last ten years, the Jun 2017 quarter recorded the highest quarterly PE ratio at 21.88.

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

DGX's current price to earnings ratio is 28% above its 10-year historical average.

How is DGX's PE ratio calculated (Quest Diagnostics PE ratio formula)?

The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 21, 2025), Quest Diagnostics's share price is $161.86. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $7.78. Therefore, Quest Diagnostics's PE ratio for today is 20.8. PE RATIO(20.8) = STOCK PRICE($161.86) / TTM EPS($7.78)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.