JNJ Johnson & Johnson PE ratio, current and historical analysis
As of Nov 21, 2024, the Johnson & Johnson stock's PE ratio is 25.79. This takes into account the latest EPS of $6.03 and stock price of $155.5. The PE ratio marks an increase of 78% from its last 4 quarters average of 14.5.
JNJ PE ratio history
The PE ratio of Johnson & Johnson has averaged 44.91 over the last ten years. The current P/E ratio of 25.79 is 43% lower than the historical average. Looking back at the last ten years, JNJ's PE ratio peaked in the Dec 2017 quarter at 291.08, when the price was $139.72 and the EPS was $0.48. The lowest point was in the Jun 2024 quarter, when it reached 9.6 with a price of $146.16 and an EPS of $15.23.
Johnson & Johnson PE ratio by year
Maximum annual increase: 1,426.38% in 2017
Maximum annual decrease: -92.33% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.29 | -56.34% |
| 2023 | 25.86 | 19.89% |
| 2022 | 21.57 | -23.37% |
| 2021 | 28.15 | 10.48% |
| 2019 | 25.48 | 14.11% |
| 2018 | 22.33 | -92.33% |
| 2017 | 291.08 | 1,426.38% |
| 2017 | 19.07 | 3.25% |
| 2016 | 18.47 | 1.99% |
| 2014 | 18.11 | -3.52% |
JNJ average PE ratio chart
JNJ's current PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
JNJ PE vs peers
In comparison to its peers LLY and ABT, JNJ's PE ratio is lower, but it is higher than MRK's and NVS's. Johnson & Johnson's PE ratio is trading below the peer average of 36.0.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NVS Novartis AG | 12.03 | $207.63B |
| MRK Merck & Co Inc | 20.85 | $252.61B |
| JNJ Johnson & Johnson | 25.79 | $374.39B |
| MDT Medtronic plc | 28.44 | $108.68B |
| PFE Pfizer Inc | 33.07 | $142.41B |
| ABT Abbott Laboratories | 35.53 | $203.38B |
| SYK Stryker Corp | 41.37 | $148.73B |
| LLY ELI LILLY & Co | 80.72 | $711.91B |
| GILD Gilead Sciences Inc | 897.6 | $111.86B |
Frequently asked questions
What is Johnson & Johnson's PE ratio?
JNJ stock has a price to earnings ratio of 25.79 as of Nov 21, 2024.
What is the 3-year average PE ratio for Johnson & Johnson (JNJ)?
The average PE ratio for JNJ stock over the past 3 years is 21.15.
What is the 5-year average PE ratio for Johnson & Johnson (JNJ)?
The average PE ratio for JNJ stock over the past 5 years is 22.49.
What is the highest PE ratio for JNJ?
Over the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 291.08.
How does the current PE ratio for JNJ compare to its historical average?
JNJ's price to earnings ratio is currently 43% below its 10-year historical average.
How is JNJ's PE ratio calculated (Johnson & Johnson PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Johnson & Johnson's share price is $155.5. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.03. Therefore, Johnson & Johnson's PE ratio for today is 25.79. PE RATIO(25.79) = STOCK PRICE($155.5) / TTM EPS($6.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.