LLY ELI LILLY PE ratio, current and historical analysis
The PE ratio for ELI LILLY stock stands at 80.72 as of Nov 21, 2024. This is calculated based on the current EPS of $9.29 and the stock price of $749.92 per share. A decrease of 23% has been seen in the P/E ratio compared to the average of 105.2 of the last 4 quarters.
LLY PE ratio history
Over the last ten years, the average PE ratio of ELI LILLY has been 50.06. The current 80.72 PE ratio is 61% 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 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
LLY's current P/E ratio is above the 3, 5 and 10-year historical averages.
LLY PE vs peers
Compared to its peer stocks JNJ and ABBV, LLY's PE ratio stands higher. ELI LILLY's PE ratio is trading above the peer group average of 31.27.
| 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 |
| AZN Astrazeneca plc | 30.75 | $199.21B |
| PFE Pfizer Inc | 33.07 | $142.41B |
| AMGN Amgen Inc | 36.74 | $155.83B |
| ABBV AbbVie Inc | 59.63 | $303.47B |
| LLY ELI LILLY & Co | 80.72 | $711.91B |
| BMY Bristol Myers Squibb Co | N/A | $118.1B |
Frequently asked questions
What is ELI LILLY's PE ratio?
The price to earnings ratio for LLY stock is 80.72 as of Nov 21, 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 73.09.
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 54.37.
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 61% 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 21, 2024), ELI LILLY's stock price is $749.92. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $9.29. Therefore, ELI LILLY's P/E ratio for today is 80.72. PE RATIO(80.72) = STOCK PRICE($749.92) / TTM EPS($9.29)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.