Quest Diagnostics currently trades with a PE to growth ratio of 1.43, based on Nov 11, 2026 data. Dividing the 25.41 PE ratio by the 17.8% earnings growth rate produces this figure. Relative to the 1.48 average from the past four quarters, the PEG ratio is down by 3.4%.
Historically, Quest Diagnostics has a PEG ratio averaging 1.83 across the last ten years. At 1.43, today's PEG ratio sits 22% less than its historical average. The ten years high came in the Sep 2017 quarter at 8.33, reflecting peak valuation relative to growth. The bottom was reached in the Jun 2021 quarter at 0.04, suggesting attractive value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.4 | 19.56 | 14% |
| 2024 | 7.76 | 19.39 | 2.5% |
| 2023 | N/A | 18.17 | -6.3% |
| 2022 | N/A | 19.31 | -48.9% |
| 2021 | 0.22 | 10.92 | 49.2% |
| 2020 | 0.17 | 11.22 | 67% |
| 2019 | 0.93 | 16.79 | 18% |
| 2018 | N/A | 15.45 | -4.3% |
| 2017 | 0.76 | 17.49 | 22.9% |
| 2016 | N/A | 20.07 | -6.9% |
| 2015 | 0.51 | 14.46 | 28.5% |
| 2014 | N/A | 17.51 | -31.4% |
| 2013 | 0.16 | 9.59 | 59.9% |
| 2012 | 0.91 | 16.7 | 18.3% |
| 2011 | N/A | 19.68 | -27.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 1.29 | 22.89 | 17.8% |
| Jun 2026 | 1.76 | 22.22 | 12.6% |
| Mar 2026 | 1.47 | 21.37 | 14.5% |
| Dec 2025 | 1.4 | 19.56 | 14% |
| Sep 2025 | 1.48 | 22.06 | 14.9% |
| Jun 2025 | 1.64 | 21.21 | 12.9% |
| Mar 2025 | 3.3 | 21.12 | 6.4% |
| Dec 2024 | 7.76 | 19.39 | 2.5% |
| Sep 2024 | 1.95 | 20.64 | 10.6% |
| Jun 2024 | 2.61 | 18.25 | 7% |
| Mar 2024 | 2.03 | 17.68 | 8.7% |
| Dec 2023 | N/A | 18.17 | -6.3% |
| Sep 2023 | N/A | 17.92 | -34.6% |
| Jun 2023 | N/A | 20.05 | -43% |
| Mar 2023 | N/A | 20.42 | -54.9% |
When comparing to historical data, DGX's PEG ratio is lower than the 3, 5 and 10-year averages.
With a PEG of 1.43, DGX stands higher than the Healthcare sector average but lower than the industry average. Looking at the Healthcare sector average of 0.62, Quest Diagnostics's PEG is 131% higher.
Relative to its peer stock LH, DGX's PEG ratio is lower.
According to Nov 11, 2026 figures, DGX's PEG ratio stands at 1.43.
DGX's 3-year PEG ratio average is 2.43.
DGX's 5-year PEG ratio average is 2.12.
DGX's PEG ratio topped out at 8.33 during the Sep 2017 quarter - the highest in ten years.
Compared to the 10-year average, DGX's PEG ratio stands 22% lower.
Computing the PEG ratio involves dividing the PE ratio by the company's earnings per share growth (YoY TTM). As of Nov 11, 2026, Quest Diagnostics has a PE ratio of 25.41. Earnings grew at 17.8% over the TTM period ending Sep 2026. Applying the formula, this gives a PEG ratio of 1.43. PEG RATIO(1.43) = PE RATIO(25.41) / EPS GROWTH(17.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.