Merck
MRK
#30
Rank
$318.85 B
Marketcap
$125.89
Share price
0.36%
Change (1 day)
19.25%
Change (1 year)

P/E ratio for Merck (MRK)

P/E ratio as of July 2024 (TTM): 69.1

According to Merck's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 69.1065. At the end of 2022 the company had a P/E ratio of 19.4.

P/E ratio history for Merck from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.430.52%
202114.8-46.83%
202027.923.54%
201922.6-27.17%
201831.0-45.92%
201757.4110.42%
201627.3-14.4%
201531.8144.67%
201413.0-59.55%
201332.279.31%
201217.91.85%
201117.6-85.61%
20101221892.66%
20096.14-23.13%
20087.99-114.99%
2007-53.3-361.43%
200620.441.77%
200514.423.83%
200411.6-22%
200314.9-12.32%
200217.0-3.72%
200117.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.1-76.64%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1-83.91%๐Ÿ‡บ๐Ÿ‡ธ USA
167 141.36%๐Ÿ‡บ๐Ÿ‡ธ USA
10.9-84.27%๐Ÿ‡บ๐Ÿ‡ธ USA
15.8-77.15%๐Ÿ‡ซ๐Ÿ‡ท France
11.4-83.53%๐Ÿ‡ฌ๐Ÿ‡ง UK
-8.19-111.85%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
29.9-56.74%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
35.2-49.04%๐Ÿ‡บ๐Ÿ‡ธ USA
23.7-65.67%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.