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ZTS Zoetis PE ratio, current and historical analysis

As of Feb 23, 2024, the Zoetis stock's price-to-earnings ratio is 38.82. This results from the current EPS of $5.08 and stock price of $197.21. The PE ratio has increased by 5% from the past four quarters average of 37.0.

ZTS PE ratio history

How has ZTS's PE ratio performed in the past

The PE ratio of Zoetis has averaged 40.29 over the last ten years. The current P/E ratio of 38.82 is 3.6% lower than the historical average. In the past ten years, ZTS's PE ratio peaked in the Dec 2015 quarter at 70.47, when the stock price was $47.92 and the EPS was $0.68. The lowest point was in the Mar 2014 quarter, when it reached 27.89 with a price of $29.01 and an EPS of $1.04.

Average
40.29
Median
38.58
Minimum
27.89
Maximum
70.47

Zoetis PE ratio by year

Maximum annual increase: 90% in 2015

Maximum annual decrease: -54.24% in 2016

Year PE ratio Change
2023 38.85 19.58%
2022 32.49 -42.88%
2021 56.88 18.23%
2020 48.11 14.14%
2019 42.15 45.85%
2018 28.9 -29.39%
2017 40.93 26.91%
2016 32.25 -54.24%
2015 70.47 90%
2014 37.09 14.58%

ZTS average PE ratio chart

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

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

3-year avg
40.69
5-year avg
40.82
10-year avg
40.29
15-year avg
N/A

ZTS PE vs peers

What is ZTS's PE ratio compared to its peers

In comparison to its peers LLY and MRK, ZTS's PE ratio is lower, but it is higher than PAHC's.

Stock name PE ratio Market cap
PAHC Phibro Animal Health Corp 35.22 $527.76M
ZTS Zoetis Inc 38.71 $90.04B
MRK Merck & Co Inc 71.13 $326.24B
PFE Pfizer Inc 71.64 $153.73B
LLY ELI LILLY & Co 132.8 $734.37B
ICCC Immucell Corp N/A $39.84M

Frequently asked questions

What is Zoetis's PE ratio?

ZTS stock has a price to earnings ratio of 38.82 as of Feb 23, 2024.

What is the 3-year average PE ratio for Zoetis (ZTS)?

The 3-year average price to earnings ratio for ZTS stock is 40.69.

What is the 5-year average PE ratio for Zoetis (ZTS)?

The 5-year average price to earnings ratio for ZTS stock is 40.82.

What is the highest PE ratio for ZTS?

The highest quarterly PE ratio in the last ten years has been 70.47 and it was in the Dec 2015 quarter.

How does the current PE ratio for ZTS compare to its historical average?

ZTS's price to earnings ratio is currently 3.6% below its 10-year historical average.

How is ZTS's PE ratio calculated (Zoetis PE ratio formula)?

The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Feb 23, 2024), Zoetis's stock price is $197.21. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $5.08. Therefore, Zoetis's PE ratio for today is 38.82. PE RATIO(38.82) = STOCK PRICE($197.21) / TTM EPS($5.08)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.