ZTS Zoetis PE ratio, current and historical analysis
As of Nov 21, 2024, the Zoetis stock's price-to-earnings ratio is 33.15. This results from the current EPS of $5.33 and stock price of $176.71. The PE ratio has decreased by 7% from the past four quarters average of 35.5.
ZTS PE ratio history
The PE ratio of Zoetis has averaged 40.59 over the last ten years. The current P/E ratio of 33.15 is 18% 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.
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
The current PE ratio of ZTS is lower than the 3, 5 and 10-year averages.
ZTS PE vs peers
In comparison to its peers LLY and PAHC, ZTS's PE ratio is lower, but it is higher than MRK's and PFE's. Zoetis's PE ratio is trading below the peer group average of 47.48.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MRK Merck & Co Inc | 20.85 | $252.61B |
| ZTS Zoetis Inc | 33.15 | $79.73B |
| PFE Pfizer Inc | 33.29 | $143.37B |
| PAHC Phibro Animal Health Corp | 55.26 | $962.37M |
| LLY ELI LILLY & Co | 81.45 | $718.34B |
| ICCC Immucell Corp | N/A | $32.62M |
Frequently asked questions
What is Zoetis's PE ratio?
ZTS stock has a price to earnings ratio of 33.15 as of Nov 21, 2024.
What is the 3-year average PE ratio for Zoetis (ZTS)?
The 3-year average price to earnings ratio for ZTS stock is 38.02.
What is the 5-year average PE ratio for Zoetis (ZTS)?
The 5-year average price to earnings ratio for ZTS stock is 40.2.
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 18% 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 (Nov 21, 2024), Zoetis's stock price is $176.71. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.33. Therefore, Zoetis's PE ratio for today is 33.15. PE RATIO(33.15) = STOCK PRICE($176.71) / TTM EPS($5.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.