Back to DGX overview

DGX Quest Diagnostics PE ratio, current and historical analysis

As of Feb 23, 2024, the DGX stock has a PE ratio of 16.74. The calculation is based on the latest EPS of $7.59 and the stock price of $127.08 per share. A decrease of 13% has been observed in the PE ratio compared to its average of 19.1 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 15.85. The current 16.74 P/E ratio is 6% 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.

Average
15.85
Median
17.16
Minimum
7.74
Maximum
21.88

Quest Diagnostics PE ratio by year

Maximum annual increase: 82.59% in 2014

Maximum annual decrease: -33.17% in 2020

Year PE ratio Change
2023 18.17 -5.9%
2022 19.31 76.83%
2021 10.92 -2.67%
2020 11.22 -33.17%
2019 16.79 8.67%
2018 15.45 -11.66%
2017 17.49 -12.86%
2016 20.07 38.8%
2015 14.46 -17.42%
2014 17.51 82.59%

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
13.68
5-year avg
14.79
10-year avg
15.85
15-year avg
15.72

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, but it is higher than ENZ's.

Stock name PE ratio Market cap
ENZ Enzo Biochem Inc 2.72 $68.67M
DGX Quest Diagnostics Inc 16.64 $13.98B
LH Laboratory Corp Of America Holdings 28.52 $18.45B
QGEN Qiagen NV 29.4 $9.93B
NEO Neogenomics Inc N/A $2.12B
TBIO Telesis Bio Inc N/A $19.28M

Frequently asked questions

What is Quest Diagnostics's PE ratio?

DGX's price to earnings ratio is 16.74 as of Feb 23, 2024.

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 13.68.

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 14.79.

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 6% 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 (Feb 23, 2024), Quest Diagnostics's share price is $127.08. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $7.59. Therefore, Quest Diagnostics's PE ratio for today is 16.74. PE RATIO(16.74) = STOCK PRICE($127.08) / TTM EPS($7.59)

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