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MRK Merck PE ratio, current and historical analysis

As at Jun 21, 2024, the MRK stock has a PE ratio of 143.65. This is based on the current EPS of $0.91 and the stock price of $130.72 per share. A decrease of 47% has been recorded in the PE ratio compared to the average of 268.8 of the last four quarters.

MRK PE ratio history

How has MRK's PE ratio performed in the past

The mean historical PE ratio of Merck over the last ten years is 55.91. The current 143.65 P/E ratio is 157% higher than the historical average. In the past ten years, MRK's PE ratio peaked in the Dec 2023 quarter at 778.71, with a price of $109.02 and an EPS of $0.14. The Sep 2015 quarter marked the lowest point at 13.1, with a price of $49.39 and an EPS of $3.77.

Average
55.91
Median
29.73
Minimum
13.1
Maximum
778.71

Merck PE ratio by year

Maximum annual increase: 3,922.26% in 2023

Maximum annual decrease: -58.98% in 2014

Year PE ratio Change
2023 778.71 3,922.26%
2022 19.36 30.37%
2021 14.85 -49.35%
2020 29.32 23.82%
2019 23.68 -27.47%
2018 32.65 -48.94%
2017 63.94 54.22%
2016 41.46 24.02%
2015 33.43 142.6%
2014 13.78 -58.98%

MRK average PE ratio chart

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

The current PE ratio of MRK is above the 3, 5 and 10-year averages.

3-year avg
102.89
5-year avg
70.91
10-year avg
55.91
15-year avg
46.48

MRK PE vs peers

What is MRK's PE ratio compared to its peers

MRK's PE ratio stands higher than its peer stocks LLY and JNJ. Merck's current PE ratio of 143.65 is similar to the average of its peer group, which is 25.11.

Stock name PE ratio Market cap
JNJ Johnson & Johnson 9.75 $357.99B
NVS Novartis AG 14.2 $214.69B
ABT Abbott Laboratories 32.73 $183.91B
AMGN Amgen Inc 43.77 $165.31B
LLY ELI LILLY & Co 129.6 $840.04B
MRK Merck & Co Inc 143.65 $331.09B
PFE Pfizer Inc N/A $157.19B
BMY Bristol Myers Squibb Co N/A $85B
TEVA Teva Pharmaceutical Industries Ltd N/A $19.21B

Frequently asked questions

What is Merck's PE ratio?

As of Jun 21, 2024, MRK stock has a price to earnings ratio of 143.65.

What is the 3-year average PE ratio for Merck (MRK)?

The average PE ratio for MRK stock over the past 3 years is 102.89.

What is the 5-year average PE ratio for Merck (MRK)?

The average PE ratio for MRK stock over the past 5 years is 70.91.

What is the highest PE ratio for MRK?

Over the last ten years, the quarterly PE ratio reached a historic high of 778.71 in the Dec 2023 quarter.

How does the current PE ratio for MRK compare to its historical average?

MRK's current price to earnings ratio is 157% above its 10-year historical average.

Why is Merck's PE ratio so high?

MRK's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.

How is MRK's PE ratio calculated (Merck PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 21, 2024), Merck's stock price is $130.72. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.91. Therefore, Merck's PE ratio for today is 143.65. PE RATIO(143.65) = STOCK PRICE($130.72) / TTM EPS($0.91)

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