LLY ELI LILLY PE ratio, current and historical analysis
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- Healthcare
- NYSE: LLY
- PE Ratio
The PE ratio for ELI LILLY stock stands at 62.7 as of Jun 9, 2025. This is calculated based on the current EPS of $12.34 and the stock price of $773.71 per share. A decrease of 26% has been seen in the P/E ratio compared to the average of 84.8 of the last 4 quarters.
LLY PE ratio history
Over the last ten years, the average PE ratio of ELI LILLY has been 51.8. The current 62.7 PE ratio is 21% above the historical average. Over the past ten years, LLY's PE ratio was at its highest in the Sep 2018 quarter at 228.32, with a price of $107.31 and an EPS of $0.47. The Sep 2019 quarter recorded the bottom point at 13.57, with a price of $111.83 and an EPS of $8.24.
ELI LILLY PE ratio history chart
ELI LILLY PE ratio by year
Maximum annual increase: 162.65% in 2014
Maximum annual decrease: -60.05% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 65.65 | -34.45% | $772 | $11.76 |
| 2023 | 100.16 | 89.73% | $582.92 | $5.82 |
| 2022 | 52.79 | 17.55% | $365.84 | $6.93 |
| 2021 | 44.91 | 81.38% | $276.22 | $6.15 |
| 2020 | 24.76 | 68.21% | $168.84 | $6.82 |
| 2019 | 14.72 | -60.05% | $131.43 | $8.93 |
| 2018 | 36.85 | N/A | $115.72 | $3.14 |
| 2017 | N/A | N/A | $84.46 | -$0.19 |
| 2016 | 28.4 | -23.49% | $73.55 | $2.59 |
| 2015 | 37.12 | 19.97% | $84.26 | $2.27 |
| 2014 | 30.94 | 162.65% | $68.99 | $2.23 |
| 2013 | 11.78 | -12.35% | $51 | $4.33 |
| 2012 | 13.44 | 26.08% | $49.32 | $3.67 |
| 2011 | 10.66 | 39.35% | $41.56 | $3.9 |
| 2010 | 7.65 | -15.56% | $35.04 | $4.58 |
ELI LILLY PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 66.93 | 1.95% | $825.91 | $12.34 |
| Dec 2024 | 65.65 | -31.16% | $772 | $11.76 |
| Sep 2024 | 95.36 | -14.16% | $885.94 | $9.29 |
| Jun 2024 | 111.09 | -2.61% | $905.38 | $8.15 |
| Mar 2024 | 114.07 | 13.89% | $777.96 | $6.82 |
| Dec 2023 | 100.16 | 3.31% | $582.92 | $5.82 |
| Sep 2023 | 96.95 | 49.04% | $537.13 | $5.54 |
| Jun 2023 | 65.05 | 19.53% | $468.98 | $7.21 |
| Mar 2023 | 54.42 | 3.09% | $343.42 | $6.31 |
| Dec 2022 | 52.79 | 9.05% | $365.84 | $6.93 |
| Sep 2022 | 48.41 | -6.09% | $323.35 | $6.68 |
| Jun 2022 | 51.55 | 21.69% | $324.23 | $6.29 |
| Mar 2022 | 42.36 | -5.68% | $286.37 | $6.76 |
| Dec 2021 | 44.91 | 27.69% | $276.22 | $6.15 |
| Sep 2021 | 35.17 | 2.36% | $231.05 | $6.57 |
LLY Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
LLY average PE ratio chart
LLY's current P/E ratio is above the 5 and 10-year historical averages, but it is below the 3-year average.
PE vs average
LLY PE vs peers
Compared to its peer ABBV, LLY's PE ratio stands lower, however it is higher than JNJ's and NVS's. ELI LILLY's PE ratio is trading above the peer group average of 27.25.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MRK Merck & Co Inc | 11.51 | $199.2B |
| JNJ Johnson & Johnson | 17.13 | $373.49B |
| PFE Pfizer Inc | 17.24 | $136.28B |
| BMY Bristol Myers Squibb Co | 18.28 | $99.72B |
| NVS Novartis AG | 18.33 | $231.24B |
| AMGN Amgen Inc | 26.24 | $155.92B |
| AZN Astrazeneca plc | 29.09 | $226.33B |
| LLY ELI LILLY & Co | 62.7 | $733.27B |
| ABBV AbbVie Inc | 80.15 | $334.13B |
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Frequently asked questions
What is ELI LILLY's PE ratio?
The price to earnings ratio for LLY stock is 62.7 as of Jun 9, 2025.
What is the 3-year average PE ratio for ELI LILLY (LLY)?
As an average over the last 3 years, LLY stock has a PE ratio of 76.87.
What is the 5-year average PE ratio for ELI LILLY (LLY)?
As an average over the last 5 years, LLY stock has a PE ratio of 59.12.
What is the highest PE ratio for LLY?
The highest quarterly PE ratio in the last ten years has been 228.32 and it was in the Sep 2018 quarter.
How does the current PE ratio for LLY compare to its historical average?
The current price to earnings ratio of LLY is 21% higher than the 10-year historical average.
How is LLY's PE ratio calculated (ELI LILLY PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jun 9, 2025), ELI LILLY's stock price is $773.71. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $12.34. Therefore, ELI LILLY's P/E ratio for today is 62.7. PE RATIO(62.7) = STOCK PRICE($773.71) / TTM EPS($12.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.