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LLY ELI LILLY PE ratio, current and historical analysis

The PE ratio for ELI LILLY stock stands at 106.83 as of Nov 29, 2023. This is calculated based on the current EPS of $5.54 and the stock price of $591.86 per share. An increase of 59% has been seen in the P/E ratio compared to the average of 67.3 of the last 4 quarters.

LLY PE ratio history

How has LLY's PE ratio performed in the past

Over the last ten years, the average PE ratio of ELI LILLY has been 40.93. The current 106.83 PE ratio is 161% 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 Dec 2013 quarter recorded the bottom point at 11.78, with a price of $51 and an EPS of $4.33.

Average
40.93
Median
34.88
Minimum
11.78
Maximum
228.32

ELI LILLY PE ratio by year

Maximum annual increase: 162.65% in 2014

Maximum annual decrease: -60.05% in 2019

Year PE ratio Change
2022 52.79 17.55%
2021 44.91 81.38%
2020 24.76 68.21%
2019 14.72 -60.05%
2018 36.85 N/A
2017 N/A N/A
2016 28.4 -23.49%
2015 37.12 19.97%
2014 30.94 162.65%
2013 11.78 -12.35%

LLY average PE ratio chart

What is the average PE ratio of LLY for the past years

LLY's current P/E ratio is above the 3, 5 and 10-year historical averages.

3-year avg
48.21
5-year avg
37.58
10-year avg
40.93
15-year avg
31.83

LLY PE vs peers

What is LLY's PE ratio compared to its peers

Compared to its peer stocks JNJ and MRK, LLY's PE ratio stands higher. ELI LILLY's current PE ratio of 106.83 is comparable to the average of its peer group, which is 25.38.

Stock name PE ratio Market cap
JNJ Johnson & Johnson 11.18 $366.17B
BMY Bristol Myers Squibb Co 12.27 $99.13B
PFE Pfizer Inc 16.26 $169.84B
AMGN Amgen Inc 18.84 $142.68B
ABBV AbbVie Inc 37.84 $244.53B
MRK Merck & Co Inc 55.87 $256.27B
LLY ELI LILLY & Co 106.83 $561.86B

Frequently asked questions

What is ELI LILLY's PE ratio?

The price to earnings ratio for LLY stock is 106.83 as of Nov 29, 2023.

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 48.21.

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 37.58.

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 161% higher than the 10-year historical average.

Why is ELI LILLY's PE ratio so high?

A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.

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 (Nov 29, 2023), ELI LILLY's stock price is $591.86. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $5.54. Therefore, ELI LILLY's P/E ratio for today is 106.83. PE RATIO(106.83) = STOCK PRICE($591.86) / TTM EPS($5.54)

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