PFE Pfizer PE ratio, current and historical analysis
As of Nov 21, 2024, the PFE stock has a PE ratio of 33.07. The calculation is based on the latest EPS of $0.76 and the stock price of $25.13 per share.
PFE PE ratio history
The mean historical PE ratio of Pfizer over the last ten years is 20.14. The current 33.07 P/E ratio is 64% higher than the historical average. Looking back at the last ten years, PFE's PE ratio peaked in the Dec 2023 quarter at 75.76, with a price of $28.79 and an EPS of $0.38. The Apr 2023 quarter marked the lowest point at 7.89, with a price of $40.8 and an EPS of $5.17.
Pfizer PE ratio by year
Maximum annual increase: 726.17% in 2023
Maximum annual decrease: -63.13% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 75.76 | 726.17% |
| 2022 | 9.17 | -39.11% |
| 2021 | 15.06 | -32.5% |
| 2020 | 22.31 | 64.04% |
| 2019 | 13.6 | -40.79% |
| 2018 | 22.97 | 126.31% |
| 2017 | 10.15 | -63.13% |
| 2016 | 27.53 | -3.64% |
| 2015 | 28.57 | 32.09% |
| 2014 | 21.63 | 128.16% |
PFE average PE ratio chart
PFE's current PE ratio is higher than the 3, 5 and 10-year averages.
PFE PE vs peers
PFE's PE ratio stands lower than its peer stocks LLY and ABT, but it is higher than JNJ's and MRK's. Pfizer is currently trading at a lower PE ratio (33.07) than its peers average of 34.63.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NVS Novartis AG | 12.03 | $207.63B |
| MRK Merck & Co Inc | 20.85 | $252.61B |
| JNJ Johnson & Johnson | 25.79 | $374.39B |
| AZN Astrazeneca plc | 30.75 | $199.21B |
| PFE Pfizer Inc | 33.07 | $142.41B |
| ABT Abbott Laboratories | 35.53 | $203.38B |
| AMGN Amgen Inc | 36.74 | $155.83B |
| LLY ELI LILLY & Co | 80.72 | $711.91B |
| BMY Bristol Myers Squibb Co | N/A | $118.1B |
Frequently asked questions
What is Pfizer's PE ratio?
As of Nov 21, 2024, PFE stock has a price to earnings ratio of 33.07.
What is the 3-year average PE ratio for Pfizer (PFE)?
The average PE ratio for PFE stock over the past 3 years is 20.36.
What is the 5-year average PE ratio for Pfizer (PFE)?
The average PE ratio for PFE stock over the past 5 years is 18.79.
What is the highest PE ratio for PFE?
Over the last ten years, the quarterly PE ratio reached its highest level at 75.76 in the Dec 2023 quarter.
How does the current PE ratio for PFE compare to its historical average?
PFE's current price to earnings ratio is 64% above its 10-year historical average.
How is PFE's PE ratio calculated (Pfizer PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Pfizer's share price is $25.13. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.76. Therefore, Pfizer's PE ratio for today is 33.07. PE RATIO(33.07) = STOCK PRICE($25.13) / TTM EPS($0.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.