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LLY ELI LILLY PE ratio, current and historical analysis

The PE ratio for ELI LILLY stock stands at 126.08 as of Jul 24, 2024. This is calculated based on the current EPS of $6.82 and the stock price of $859.88 per share. An increase of 34% has been seen in the P/E ratio compared to the average of 94.1 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 46.53. The current 126.08 PE ratio is 171% 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.

Average
46.53
Median
35.44
Minimum
13.57
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
2023 100.16 89.73%
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%

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
64.17
5-year avg
47.08
10-year avg
46.53
15-year avg
34.52

LLY PE vs peers

What is LLY's PE ratio compared to its peers

Compared to its peer MRK, LLY's PE ratio stands lower, however it is higher than JNJ's and ABBV's. ELI LILLY's current PE ratio of 126.08 is comparable to the average of its peer group, which is 32.58.

Stock name PE ratio Market cap
JNJ Johnson & Johnson 10.46 $384.27B
NVS Novartis AG 13.93 $224.57B
AZN Astrazeneca plc 37.68 $239.48B
AMGN Amgen Inc 48.43 $182.9B
ABBV AbbVie Inc 54.22 $322.66B
LLY ELI LILLY & Co 122.03 $790.99B
MRK Merck & Co Inc 139.62 $321.79B
BMY Bristol Myers Squibb Co N/A $91.85B
PFE Pfizer Inc N/A $172.52B

Frequently asked questions

What is ELI LILLY's PE ratio?

The price to earnings ratio for LLY stock is 126.08 as of Jul 24, 2024.

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 64.17.

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 47.08.

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 171% 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 (Jul 24, 2024), ELI LILLY's stock price is $859.88. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.82. Therefore, ELI LILLY's P/E ratio for today is 126.08. PE RATIO(126.08) = STOCK PRICE($859.88) / TTM EPS($6.82)

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