As of Oct 22, 2024, the Zoetis stock's price-to-earnings ratio is 37.09. This results from the current EPS of $5.11 and stock price of $189.51. The PE ratio has increased by 5% from the past four quarters average of 35.2.
The PE ratio of Zoetis has averaged 40.69 over the last ten years. The current P/E ratio of 37.09 is 9% 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 Dec 2018 quarter, when it reached 28.9 with a price of $85.54 and an EPS of $2.96.
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% |
The current PE ratio of ZTS is lower than the 3, 5 and 10-year averages.
In comparison to its peers LLY and PAHC, ZTS's PE ratio is lower, but it is higher than MRK's.
Stock name | PE ratio | Market cap |
---|---|---|
MRK Merck & Co Inc | 19.66 | $269.56B |
ZTS Zoetis Inc | 36.99 | $85.64B |
LLY ELI LILLY & Co | 110.8 | $858.26B |
PAHC Phibro Animal Health Corp | 397.67 | $966.42M |
PFE Pfizer Inc | N/A | $163.54B |
ICCC Immucell Corp | N/A | $28.28M |
ZTS stock has a price to earnings ratio of 37.09 as of Oct 22, 2024.
The 3-year average price to earnings ratio for ZTS stock is 38.15.
The 5-year average price to earnings ratio for ZTS stock is 40.39.
The highest quarterly PE ratio in the last ten years has been 70.47 and it was in the Dec 2015 quarter.
ZTS's price to earnings ratio is currently 9% below its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Oct 22, 2024), Zoetis's stock price is $189.51. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $5.11. Therefore, Zoetis's PE ratio for today is 37.09. PE RATIO(37.09) = STOCK PRICE($189.51) / TTM EPS($5.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.