MRK Merck PE ratio, current and historical analysis

As at Apr 1, 2025, the MRK stock has a PE ratio of 12.89. This is based on the current EPS of $6.76 and the stock price of $87.12 per share. A decrease of 75% has been recorded in the PE ratio compared to the average of 51.6 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 56.59. The current 12.89 P/E ratio is 77% lower 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.

Today
12.89
Average
56.59
Median
27.73
Minimum
13.1
Maximum
778.71

Merck PE ratio by year

Maximum annual increase: 3,922.26% in 2023

Maximum annual decrease: -98.11% in 2024

Year PE ratio PE change Price EPS
2024 14.72 -98.11% $99.48 $6.76
2023 778.71 3,922.26% $109.02 $0.14
2022 19.36 30.37% $110.95 $5.73
2021 14.85 -49.35% $76.64 $5.16
2020 29.32 23.82% $81.8 $2.79
2019 23.68 -27.47% $90.95 $3.84
2018 32.65 -48.94% $76.41 $2.34
2017 63.94 54.22% $56.27 $0.88
2016 41.46 24.02% $58.87 $1.42
2015 33.43 142.6% $52.82 $1.58
2014 13.78 -58.98% $56.79 $4.12
2013 33.59 66.53% $50.05 $1.49
2012 20.17 9.15% $40.94 $2.03
2011 18.48 -85.64% $37.7 $2.04
2010 128.71 1,898.6% $36.04 $0.28

Merck PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 14.72 -37.92% $99.48 $6.76
Sep 2024 23.71 3.63% $113.56 $4.79
Jun 2024 22.88 -84.22% $123.8 $5.41
Mar 2024 145 -81.38% $131.95 $0.91
Dec 2023 778.71 1,269.04% $109.02 $0.14
Sep 2023 56.88 -39.86% $102.95 $1.81
Jun 2023 94.58 356.03% $115.39 $1.22
Mar 2023 20.74 7.13% $106.39 $5.13
Dec 2022 19.36 35.57% $110.95 $5.73
Sep 2022 14.28 2.73% $86.12 $6.03
Jun 2022 13.9 -4.99% $91.17 $6.56
Mar 2022 14.63 -1.48% $82.05 $5.61
Dec 2021 14.85 -43.64% $76.64 $5.16
Sep 2021 26.35 -25.46% $75.11 $2.85
Jun 2021 35.35 27.48% $77.77 $2.2

MRK average PE ratio chart

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

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

3-year avg
109.52
5-year avg
73.15
10-year avg
56.59
15-year avg
47.76

MRK PE vs peers

What is MRK's PE ratio compared to its peers

MRK's PE ratio stands lower than its peer stocks LLY and JNJ. Merck is presently trading at a lower PE ratio (12.89) than its peer group average of 31.33.

Stock name PE ratio Market cap
MRK Merck & Co Inc 12.89 $220.07B
ABT Abbott Laboratories 17.17 $228.39B
PFE Pfizer Inc 17.28 $139.08B
NVS Novartis AG 18.52 $216.49B
JNJ Johnson & Johnson 26.24 $368.97B
AMGN Amgen Inc 40.28 $164.88B
LLY ELI LILLY & Co 68.47 $763.49B
BMY Bristol Myers Squibb Co N/A $120.85B
TEVA Teva Pharmaceutical Industries Ltd N/A $17.34B

Frequently asked questions

What is Merck's PE ratio?

As of Apr 1, 2025, MRK stock has a price to earnings ratio of 12.89.

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

The average PE ratio for MRK stock over the past 3 years is 109.52.

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

The average PE ratio for MRK stock over the past 5 years is 73.15.

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 77% below its 10-year historical average.

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 (Apr 1, 2025), Merck's stock price is $87.12. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $6.76. Therefore, Merck's PE ratio for today is 12.89. PE RATIO(12.89) = STOCK PRICE($87.12) / TTM EPS($6.76)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.