PFE
Pfizer
PE ratio, current and historical analysis
- Stocks
- Healthcare
- NYSE: PFE
- PE Ratio
As of Jul 13, 2026, the PFE stock has a PE ratio of 18.69. The calculation is based on the latest EPS of $1.31 and the stock price of $24.48 per share. An increase of 14% has been observed in the PE ratio compared to its average of 16.4 of the last four quarters.
PFE PE ratio history
The mean historical PE ratio of Pfizer over the last ten years is 18.7. The current 18.69 P/E ratio is similar to 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: -75.34% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 18.18 | -2.68% | $24.9 | $1.37 |
| 2024 | 18.68 | -75.34% | $26.53 | $1.42 |
| 2023 | 75.76 | 726.17% | $28.79 | $0.38 |
| 2022 | 9.17 | -39.11% | $51.24 | $5.59 |
| 2021 | 15.06 | -32.5% | $59.05 | $3.92 |
| 2020 | 22.31 | 64.04% | $36.81 | $1.65 |
| 2019 | 13.6 | -40.79% | $39.18 | $2.88 |
| 2018 | 22.97 | 126.31% | $43.65 | $1.9 |
| 2017 | 10.15 | -63.13% | $36.22 | $3.57 |
| 2016 | 27.53 | -3.64% | $32.48 | $1.18 |
| 2015 | 28.57 | 32.09% | $32.28 | $1.13 |
| 2014 | 21.63 | 128.16% | $31.15 | $1.44 |
| 2013 | 9.48 | -25.94% | $30.63 | $3.23 |
| 2012 | 12.8 | -24.31% | $25.08 | $1.96 |
| 2011 | 16.91 | -0.53% | $21.64 | $1.28 |
Pfizer PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 20.64 | 13.53% | $27.04 | $1.31 |
| Dec 2025 | 18.18 | 31.64% | $24.9 | $1.37 |
| Sep 2025 | 13.81 | 7.89% | $23.76 | $1.72 |
| Jun 2025 | 12.8 | -29.44% | $24.19 | $1.89 |
| Mar 2025 | 18.14 | -2.89% | $25.21 | $1.39 |
| Dec 2024 | 18.68 | -51.2% | $26.53 | $1.42 |
| Sep 2024 | 38.28 | N/A | $29.09 | $0.76 |
| Jun 2024 | N/A | N/A | $27.98 | -$0.45 |
| Mar 2024 | N/A | N/A | $27.75 | -$0.05 |
| Dec 2023 | 75.76 | 322.53% | $28.79 | $0.38 |
| Oct 2023 | 17.93 | 86.19% | $33.17 | $1.85 |
| Jul 2023 | 9.63 | 22.05% | $36.68 | $3.81 |
| Apr 2023 | 7.89 | -13.96% | $40.8 | $5.17 |
| Dec 2022 | 9.17 | 11.29% | $51.24 | $5.59 |
| Oct 2022 | 8.24 | -17.76% | $43.76 | $5.31 |
PFE Price vs fair value
PFE average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
PFE's current PE ratio is lower than its 3, 5 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 18.69, PFE ranks lower than the Healthcare sector, the industry and its peers average. In comparison with the Healthcare sector average of 25.82, Pfizer's price to earnings (P/E) is 28% lower.
PFE PE vs peers
PFE's PE ratio stands lower than its peer stocks LLY and JNJ, but it is higher than BMY's. Pfizer is currently trading at a lower PE ratio (18.69) than its peers average of 27.56.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BMY Bristol Myers Squibb Co | 16.62 | $121.18B |
| PFE Pfizer Inc | 18.69 | $139.52B |
| NVS Novartis AG | 21.85 | $292.64B |
| AMGN Amgen Inc | 24.89 | $194.54B |
| AZN Astrazeneca plc | 25.26 | $262.51B |
| ABT Abbott Laboratories | 25.66 | $160.44B |
| JNJ Johnson & Johnson | 29.53 | $620.51B |
| MRK Merck & Co Inc | 34.74 | $306.33B |
| LLY ELI LILLY & Co | 41.93 | $1.11T |
Frequently asked questions
What is Pfizer's PE ratio?
As of Jul 13, 2026, PFE stock has a price to earnings ratio of 18.69.
What is the 3-year average PE ratio for Pfizer (PFE)?
The average PE ratio for PFE stock over the past 3 years is 26.02.
What is the 5-year average PE ratio for Pfizer (PFE)?
The average PE ratio for PFE stock over the past 5 years is 18.72.
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 0.1% below 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 (Jul 13, 2026), Pfizer's share price is $24.48. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.31. Therefore, Pfizer's PE ratio for today is 18.69. PE RATIO(18.69) = STOCK PRICE($24.48) / TTM EPS($1.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.