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MRK Merck PE ratio, current and historical analysis

As at Sep 28, 2023, the MRK stock has a PE ratio of 85.49. This is based on the current EPS of $1.22 and the stock price of $104.3 per share. An increase of 130% has been recorded in the PE ratio compared to the average of 37.2 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 33.95. The current 85.49 P/E ratio is 152% higher than the historical average. In the past ten years, MRK's PE ratio peaked in the Jun 2018 quarter at 119.02, with a price of $60.7 and an EPS of $0.51. The Sep 2015 quarter marked the lowest point at 13.1, with a price of $49.39 and an EPS of $3.77.


Merck PE ratio by year

Maximum annual increase: 142.6% in 2015

Maximum annual decrease: -58.98% in 2014

Year PE ratio Change
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%
2013 33.59 66.53%

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
5-year avg
10-year avg
15-year avg

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 is presently trading at a higher PE ratio (85.49) than its peer group average of 30.36.

Stock name PE ratio Market cap
PFE Pfizer Inc 8.61 $185.22B
BMY Bristol Myers Squibb Co 15.39 $121.51B
AMGN Amgen Inc 18.01 $143.83B
JNJ Johnson & Johnson 31.24 $405.13B
ABT Abbott Laboratories 32.95 $168.69B
LLY ELI LILLY & Co 74.06 $506.91B
MRK Merck & Co Inc 84.5 $261.59B
TEVA Teva Pharmaceutical Industries Ltd N/A $11.51B

Frequently asked questions

What is Merck's PE ratio?

As of Sep 28, 2023, MRK stock has a price to earnings ratio of 85.49.

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

The average PE ratio for MRK stock over the past 3 years is 27.44.

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

The average PE ratio for MRK stock over the past 5 years is 27.63.

What is the highest PE ratio for MRK?

Over the last ten years, the quarterly PE ratio reached a historic high of 119.02 in the Jun 2018 quarter.

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

MRK's current price to earnings ratio is 152% 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 (Sep 28, 2023), Merck's stock price is $104.3. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $1.22. Therefore, Merck's PE ratio for today is 85.49. PE RATIO(85.49) = STOCK PRICE($104.3) / TTM EPS($1.22)

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