QGEN Qiagen PE ratio, current and historical analysis
As of Nov 21, 2024, the QGEN stock has a PE ratio of 114.41. The calculation is based on the latest EPS of $0.37 and the stock price of $42.33 per share. An increase of 37% has been observed in the PE ratio compared to its average of 83.7 of the last four quarters.
QGEN PE ratio history
The mean historical PE ratio of Qiagen over the last ten years is 80.32. The current 114.41 P/E ratio is 42% higher than the historical average. Looking back at the last ten years, QGEN's PE ratio peaked in the Jun 2020 quarter at 882.68, with a price of $44.13 and an EPS of $0.05. The Sep 2021 quarter marked the lowest point at 19.81, with a price of $53.28 and an EPS of $2.69.
Qiagen PE ratio by year
Maximum annual increase: 95.81% in 2017
Maximum annual decrease: -75.68% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 29.85 | 8% |
| 2022 | 27.64 | 8.52% |
| 2021 | 25.47 | -24.26% |
| 2020 | 33.63 | N/A |
| 2019 | N/A | N/A |
| 2018 | 40.82 | -75.68% |
| 2017 | 167.83 | 95.81% |
| 2016 | 85.71 | 67.93% |
| 2015 | 51.04 | 5.67% |
| 2014 | 48.3 | -39.37% |
QGEN average PE ratio chart
The current PE ratio of QGEN is higher than its 3, 5 and 10-year averages.
QGEN PE vs peers
QGEN's PE ratio stands higher than its peer stocks TMO and GE. Qiagen's current PE ratio of 114.41 is higher than the average of its peers, which is 42.27.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HOLX Hologic Inc | 26.68 | $18.28B |
| GE General Electric Co | 31.13 | $193.41B |
| TMO Thermo Fisher Scientific Inc | 32.28 | $197.41B |
| BDX Becton Dickinson & Co | 46.48 | $65.16B |
| TECH BIO-TECHNE Corp | 74.79 | $11.29B |
| QGEN Qiagen NV | 114.41 | $9.48B |
Frequently asked questions
What is Qiagen's PE ratio?
The price to earnings ratio for QGEN stock is 114.41 as of Nov 21, 2024.
What is the 3-year average PE ratio for Qiagen (QGEN)?
The average PE ratio for QGEN stock over the past 3 years is 45.42.
What is the 5-year average PE ratio for Qiagen (QGEN)?
The average PE ratio for QGEN stock over the past 5 years is 88.37.
What is the highest PE ratio for QGEN?
The highest quarterly PE ratio in the last ten years has been 882.68 and it was in the Jun 2020 quarter.
How does the current PE ratio for QGEN compare to its historical average?
QGEN's current price to earnings ratio is 42% above its 10-year historical average.
Why is Qiagen's PE ratio so high?
QGEN's PE ratio of 114.41 is considered high because the company's stock price is trading at a higher multiple of earnings.
How is QGEN's PE ratio calculated (Qiagen 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), Qiagen's share price is $42.33. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.37. Therefore, Qiagen's PE ratio for today is 114.41. PE RATIO(114.41) = STOCK PRICE($42.33) / TTM EPS($0.37)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.