As of Jul 26, 2024, the QGEN stock has a PE ratio of 29.89. The calculation is based on the latest EPS of $1.47 and the stock price of $43.94 per share. The PE ratio currently is comparable to its last four-quarter average.
The mean historical PE ratio of Qiagen over the last ten years is 75.85. The current 29.89 P/E ratio is 61% lower 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.
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% |
The current PE ratio of QGEN is higher than its 3-year average, but it is lower than its 5 and 10-year averages.
QGEN's PE ratio stands lower than its peer stocks TMO and GE. Qiagen's current PE ratio of 29.89 is lower than the average of its peers, which is 46.88.
| Stock name | PE ratio | Market cap |
|---|---|---|
| QGEN Qiagen NV | 29.89 | $9.84B |
| TMO Thermo Fisher Scientific Inc | 38.79 | $231.76B |
| GE General Electric Co | 39.77 | $184.13B |
| HOLX Hologic Inc | 40.12 | $18.35B |
| BDX Becton Dickinson & Co | 52.27 | $68.58B |
| TECH BIO-TECHNE Corp | 63.46 | $12.7B |
The price to earnings ratio for QGEN stock is 29.89 as of Jul 26, 2024.
The average PE ratio for QGEN stock over the past 3 years is 26.23.
The average PE ratio for QGEN stock over the past 5 years is 82.15.
The highest quarterly PE ratio in the last ten years has been 882.68 and it was in the Jun 2020 quarter.
QGEN's current price to earnings ratio is 61% below its 10-year historical average.
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 26, 2024), Qiagen's share price is $43.94. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.47. Therefore, Qiagen's PE ratio for today is 29.89. PE RATIO(29.89) = STOCK PRICE($43.94) / TTM EPS($1.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.