LLY ELI LILLY PE ratio, current and historical analysis
The PE ratio for ELI LILLY stock stands at 74.29 as of Feb 21, 2025. This is calculated based on the current EPS of $11.76 and the stock price of $873.68 per share. A decrease of 23% has been seen in the P/E ratio compared to the average of 96.5 of the last 4 quarters.
LLY PE ratio history
Over the last ten years, the average PE ratio of ELI LILLY has been 50.97. The current 74.29 PE ratio is 46% 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 | 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 |
|---|---|---|---|---|
| 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 |
| Jun 2021 | 34.36 | 23.42% | $229.52 | $6.68 |
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.
LLY PE vs peers
Compared to its peer ABBV, LLY's PE ratio stands lower, however it is higher than JNJ's and AZN's. ELI LILLY's PE ratio is trading above the peer group average of 36.6.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NVS Novartis AG | 18.47 | $215.98B |
| MRK Merck & Co Inc | 18.68 | $226.4B |
| JNJ Johnson & Johnson | 27.79 | $390.76B |
| AZN Astrazeneca plc | 32.7 | $230.16B |
| PFE Pfizer Inc | 34.61 | $149.04B |
| AMGN Amgen Inc | 39.77 | $162.78B |
| LLY ELI LILLY & Co | 74.29 | $828.4B |
| ABBV AbbVie Inc | 84.2 | $356.74B |
| BMY Bristol Myers Squibb Co | N/A | $113.3B |
Frequently asked questions
What is ELI LILLY's PE ratio?
The price to earnings ratio for LLY stock is 74.29 as of Feb 21, 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 74.82.
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 56.92.
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 46% 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 (Feb 21, 2025), ELI LILLY's stock price is $873.68. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $11.76. Therefore, ELI LILLY's P/E ratio for today is 74.29. PE RATIO(74.29) = STOCK PRICE($873.68) / TTM EPS($11.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.