As of Jul 26, 2024, the Zoetis stock's price-to-earnings ratio is 34.65. This results from the current EPS of $5.19 and stock price of $179.84. The PE ratio has decreased by 3.1% from the past four quarters average of 35.7.
The PE ratio of Zoetis has averaged 40.66 over the last ten years. The current P/E ratio of 34.65 is 15% 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 peer stocks LLY and MRK, ZTS's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ZTS Zoetis Inc | 34.65 | $82.06B |
| PAHC Phibro Animal Health Corp | 57.21 | $764.71M |
| LLY ELI LILLY & Co | 117.98 | $764.72B |
| MRK Merck & Co Inc | 137.65 | $317.26B |
| PFE Pfizer Inc | N/A | $174.36B |
| ICCC Immucell Corp | N/A | $31.64M |
ZTS stock has a price to earnings ratio of 34.65 as of Jul 26, 2024.
The 3-year average price to earnings ratio for ZTS stock is 39.29.
The 5-year average price to earnings ratio for ZTS stock is 40.75.
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 15% 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 (Jul 26, 2024), Zoetis's stock price is $179.84. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.19. Therefore, Zoetis's PE ratio for today is 34.65. PE RATIO(34.65) = STOCK PRICE($179.84) / TTM EPS($5.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.