Quest Diagnostics currently trades with a PE to growth ratio of 1.46, based on Jun 22, 2026 data. Dividing the 21.11 PE ratio by the 14.5% earnings growth rate produces this figure. Relative to the 1.5 average from the past four quarters, the PEG ratio is down by 2.5%.
Historically, Quest Diagnostics has a PEG ratio averaging 1.79 across the last ten years. At 1.46, today's PEG ratio sits 18% 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 |
|---|---|---|---|
| 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% |
| Dec 2022 | N/A | 19.31 | -48.9% |
| Sep 2022 | N/A | 11.81 | -38.8% |
When comparing to historical data, DGX's PEG ratio is lower than the 3, 5 and 10-year averages.
With a PEG of 1.46, DGX stands higher than the Healthcare sector and the industry average. Looking at the Healthcare sector average of 0.55, Quest Diagnostics's PEG is 165% higher.
Relative to its peer stocks LH and QGEN, DGX's PEG ratio is higher.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| QGEN Qiagen NV | 0.06 | $7.64B |
| LH Laboratory Corp Of America Holdings | 0.74 | $20.94B |
| DGX Quest Diagnostics Inc | 1.46 | $21.52B |
| NEO Neogenomics Inc | N/A | $1.44B |
According to Jun 22, 2026 figures, DGX's PEG ratio stands at 1.46.
DGX's 3-year PEG ratio average is 2.63.
DGX's 5-year PEG ratio average is 1.89.
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 18% lower.
Computing the PEG ratio involves dividing the PE ratio by the company's earnings per share growth (YoY TTM). As of Jun 22, 2026, Quest Diagnostics has a PE ratio of 21.11. Earnings grew at 14.5% over the TTM period ending Mar 2026. Applying the formula, this gives a PEG ratio of 1.46. PEG RATIO(1.46) = PE RATIO(21.11) / EPS GROWTH(14.5%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.