Price to Earnings (P/E)
since 2005
Calculation
Merck & Co. Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income available to common shareholders1 (in millions) | ÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 26, 2024 | 893.99 | = | 128.84 | ÷ | 0.14 | 0.14 | = | 365 | ÷ | 2,532,643,872 | |
| Feb 24, 2023 | 19.21 | = | 109.89 | ÷ | 5.72 | 5.72 | = | 14,519 | ÷ | 2,538,592,467 | |
| Feb 25, 2022 | 14.78 | = | 76.32 | ÷ | 5.16 | 5.16 | = | 13,049 | ÷ | 2,527,733,606 | |
| Feb 25, 2021 | 26.72 | = | 74.62 | ÷ | 2.79 | 2.79 | = | 7,067 | ÷ | 2,530,315,668 | |
| Feb 26, 2020 | 20.60 | = | 79.94 | ÷ | 3.88 | 3.88 | = | 9,843 | ÷ | 2,536,268,760 | |
| Feb 27, 2019 | 33.46 | = | 80.62 | ÷ | 2.41 | 2.41 | = | 6,220 | ÷ | 2,581,220,308 | |
| Feb 27, 2018 | 61.63 | = | 54.72 | ÷ | 0.89 | 0.89 | = | 2,394 | ÷ | 2,696,190,502 | |
| Feb 28, 2017 | 46.14 | = | 65.87 | ÷ | 1.43 | 1.43 | = | 3,920 | ÷ | 2,745,571,067 | |
| Feb 26, 2016 | 31.64 | = | 50.64 | ÷ | 1.60 | 1.60 | = | 4,442 | ÷ | 2,775,258,591 | |
| Feb 27, 2015 | 13.94 | = | 58.54 | ÷ | 4.20 | 4.20 | = | 11,920 | ÷ | 2,838,192,933 | |
| Feb 27, 2014 | 37.83 | = | 56.66 | ÷ | 1.50 | 1.50 | = | 4,404 | ÷ | 2,940,622,461 | |
| Feb 28, 2013 | 20.94 | = | 42.73 | ÷ | 2.04 | 2.04 | = | 6,168 | ÷ | 3,022,367,538 | |
| Feb 28, 2012 | 18.63 | = | 38.38 | ÷ | 2.06 | 2.06 | = | 6,272 | ÷ | 3,044,008,396 | |
| Feb 28, 2011 | 116.63 | = | 32.57 | ÷ | 0.28 | 0.28 | = | 861 | ÷ | 3,083,080,697 | |
| Mar 1, 2010 | 9.00 | = | 37.27 | ÷ | 4.14 | 4.14 | = | 12,899 | ÷ | 3,115,317,260 | |
| Feb 27, 2009 | 6.53 | = | 24.20 | ÷ | 3.70 | 3.70 | = | 7,808 | ÷ | 2,107,712,364 | |
| Feb 28, 2008 | 29.88 | = | 45.20 | ÷ | 1.51 | 1.51 | = | 3,275 | ÷ | 2,165,289,746 | |
| Feb 28, 2007 | 21.57 | = | 44.15 | ÷ | 2.05 | 2.05 | = | 4,434 | ÷ | 2,166,483,163 | |
| Mar 13, 2006 | 16.62 | = | 35.20 | ÷ | 2.12 | 2.12 | = | 4,631 | ÷ | 2,187,042,320 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Merck & Co. Inc. Annual Report.
Comparison to Competitors
Merck & Co. Inc., P/E, long-term trends, comparison to competitors
| Merck & Co. Inc. | AbbVie Inc. | Amgen Inc. | Bristol-Myers Squibb Co. | Danaher Corp. | Eli Lilly & Co. | Gilead Sciences Inc. | Johnson & Johnson | Moderna Inc. | Pfizer Inc. | Regeneron Pharmaceuticals Inc. | Thermo Fisher Scientific Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 26, 2024 | 893.99 | 63.84 | 23.14 | 12.27 | 39.09 | 135.24 | 16.17 | 10.73 | — | 73.42 | 25.99 | 35.65 |
| Feb 24, 2023 | 19.21 | 22.62 | 19.56 | 23.97 | 25.65 | 50.08 | 22.68 | 22.97 | 6.43 | 7.58 | 19.68 | 30.55 |
| Feb 25, 2022 | 14.78 | 22.07 | 21.05 | 20.92 | 29.94 | 40.66 | 12.36 | 20.93 | 5.00 | 11.76 | 8.37 | 27.35 |
| Feb 25, 2021 | 26.72 | 40.17 | 18.82 | — | 44.49 | 31.95 | 641.48 | 28.92 | — | 19.62 | 15.09 | 27.89 |
| Feb 26, 2020 | 20.60 | 17.82 | 17.07 | 41.99 | 38.34 | 16.19 | 16.45 | 25.99 | — | 11.63 | 19.86 | 33.36 |
| Feb 27, 2019 | 33.46 | 20.60 | 14.01 | 16.81 | 29.77 | 39.13 | 15.26 | 23.74 | — | 21.58 | 18.17 | 35.19 |
| Feb 27, 2018 | 61.63 | 35.47 | 64.06 | 103.55 | 27.25 | — | 22.75 | 268.10 | — | 9.99 | 28.99 | 37.66 |
| Feb 28, 2017 | 46.14 | 16.54 | 16.03 | 20.56 | 23.02 | 32.39 | 6.83 | 20.08 | — | 28.10 | 42.64 | 30.45 |
| Feb 26, 2016 | 31.64 | 17.01 | 15.95 | 64.22 | 17.85 | 33.35 | 6.75 | 18.80 | — | 26.37 | 60.50 | 26.19 |
| Feb 27, 2015 | 13.94 | 55.08 | 22.96 | 49.80 | 23.69 | 33.06 | 12.85 | 17.15 | — | 23.03 | 118.44 | 27.26 |
| Feb 27, 2014 | 37.83 | 19.64 | 18.69 | 35.01 | 19.74 | 13.88 | 42.00 | 18.72 | — | 9.32 | 77.00 | 38.43 |
| Feb 28, 2013 | 20.94 | 11.51 | 15.68 | 30.56 | 17.73 | 14.99 | 25.20 | 19.64 | — | 13.51 | 21.42 | 22.54 |
| Feb 28, 2012 | 18.63 | — | 14.61 | 15.07 | 16.92 | 10.42 | 12.20 | 18.48 | — | 15.99 | — | 15.58 |
| Feb 28, 2011 | 116.63 | — | 10.53 | 13.99 | 18.29 | 7.86 | 10.68 | 12.23 | — | 18.63 | — | 20.87 |
| Mar 1, 2010 | 9.00 | — | 12.10 | 4.03 | 20.93 | 9.18 | 16.29 | 14.22 | — | 16.41 | — | 23.49 |
| Feb 27, 2009 | 6.53 | — | 12.06 | 7.68 | 12.56 | — | 20.29 | 11.67 | — | 10.25 | — | 15.25 |
| Feb 28, 2008 | 29.88 | — | 15.64 | 20.60 | 17.35 | 19.26 | 25.19 | 17.07 | — | 18.51 | — | 30.76 |
| Feb 28, 2007 | 21.57 | — | 25.43 | 34.64 | 19.65 | 22.40 | — | 17.02 | — | 9.18 | — | 113.28 |
| Mar 13, 2006 | 16.62 | — | 23.70 | 14.96 | 21.38 | 31.90 | 34.15 | 16.95 | — | 23.92 | — | 25.36 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Pharmaceuticals, Biotechnology & Life Sciences)
Merck & Co. Inc., P/E, long-term trends, comparison to sector (pharmaceuticals, biotechnology & life sciences)
| Merck & Co. Inc. | Pharmaceuticals, Biotechnology & Life Sciences | |
|---|---|---|
| Feb 26, 2024 | 893.99 | 35.36 |
| Feb 24, 2023 | 19.21 | 19.24 |
| Feb 25, 2022 | 14.78 | 17.76 |
| Feb 25, 2021 | 26.72 | 37.29 |
| Feb 26, 2020 | 20.60 | 20.82 |
| Feb 27, 2019 | 33.46 | 23.13 |
| Feb 27, 2018 | 61.63 | 34.49 |
| Feb 28, 2017 | 46.14 | 20.28 |
| Feb 26, 2016 | 31.64 | 18.89 |
| Feb 27, 2015 | 13.94 | 20.74 |
| Feb 27, 2014 | 37.83 | 19.10 |
| Feb 28, 2013 | 20.94 | 17.34 |
| Feb 28, 2012 | 18.63 | 16.25 |
| Feb 28, 2011 | 116.63 | 15.61 |
| Mar 1, 2010 | 9.00 | 11.39 |
| Feb 27, 2009 | 6.53 | 11.95 |
| Feb 28, 2008 | 29.88 | 19.74 |
| Feb 28, 2007 | 21.57 | 17.28 |
| Mar 13, 2006 | 16.62 | 20.69 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Health Care)
Merck & Co. Inc., P/E, long-term trends, comparison to industry (health care)
| Merck & Co. Inc. | Health Care | |
|---|---|---|
| Feb 26, 2024 | 893.99 | 30.09 |
| Feb 24, 2023 | 19.21 | 314,676.00 |
| Feb 25, 2022 | 14.78 | 19.87 |
| Feb 25, 2021 | 26.72 | 29.50 |
| Feb 26, 2020 | 20.60 | 21.10 |
| Feb 27, 2019 | 33.46 | 25.51 |
| Feb 27, 2018 | 61.63 | 29.68 |
| Feb 28, 2017 | 46.14 | 21.38 |
| Feb 26, 2016 | 31.64 | 19.10 |
| Feb 27, 2015 | 13.94 | 20.89 |
| Feb 27, 2014 | 37.83 | 18.14 |
| Feb 28, 2013 | 20.94 | 15.43 |
| Feb 28, 2012 | 18.63 | 15.48 |
| Feb 28, 2011 | 116.63 | 14.45 |
| Mar 1, 2010 | 9.00 | 11.43 |
| Feb 27, 2009 | 6.53 | 12.78 |
| Feb 28, 2008 | 29.88 | 18.99 |
| Feb 28, 2007 | 21.57 | 18.38 |
| Mar 13, 2006 | 16.62 | 21.11 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).