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.
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.
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's current P/E ratio is above the 3, 5 and 10-year historical averages.
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 |
The price to earnings ratio for LLY stock is 106.83 as of Nov 29, 2023.
As an average over the last 3 years, LLY stock has a PE ratio of 48.21.
As an average over the last 5 years, LLY stock has a PE ratio of 37.58.
The highest quarterly PE ratio in the last ten years has been 228.32 and it was in the Sep 2018 quarter.
The current price to earnings ratio of LLY is 161% higher than the 10-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
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.