Merck PE ratio MRK
Share price divided by earnings per share over the last twelve months, since 2010.
- Today, Oct 23, 2026
- 116×
- 10-year median
- 24.9×
- Against its 10-year history
- 93rd
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 11.1× to 146×
- Peer median
- 40.0×
Merck's PE ratio is 116× as of Oct 23, 2026: a share price of $145.27 against $1.25 of earnings per share over the last twelve months.
That is above its ten-year median of 24.9×, higher than on 93% of days in the last ten years.
Over that time it ranged from 11.1× in May 2025 to 146× in May 2024.
The median for 8 large drugmakers of a similar size is 40.0×.
PE ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 116× | 14.1× | 122× |
| 2025 | 14.1× | 11.1× | 20.8× |
| 2024 | 20.9× | 18.9× | 146× |
| 2023 | 60.6× | 17.1× | 90.3× |
| 2022 | 18.5× | 13.2× | 28.8× |
| 2021 | 27.1× | 15.7× | 40.2× |
| 2020 | 17.3× | 16.8× | 24.3× |
| 2019 | 24.4× | 22.0× | 62.1× |
| 2018 | 58.0× | 50.8× | 141× |
| 2017 | 52.1× | 29.2× | 52.2× |
| 2016 | 28.6× | 12.5× | 37.4× |
| 2015 | 13.4× | 13.1× | 33.0× |
| 2014 | 30.3× | 27.3× | 38.0× |
| 2013 | 31.7× | 17.9× | 31.7× |
| 2012 | 17.7× | 15.8× | 27.3× |
| 2011 | 26.2× | 11.0× | 129× |
| 2010 | 12.3× | 9.8× | 12.5× |
Against its peers
Companies in Drug Manufacturers - General nearest Merck's size, closest first, today.
| Company | PE ratio |
|---|---|
| MRKMerck | 116× |
| ABBVAbbVie | 80.7× |
| AMGNAmgen | 27.3× |
| JNJJohnson & Johnson | 40.0× |
| GILDGilead Sciences | n/m |
| PFEPfizer | 39.5× |
| BMYBristol-Myers Squibb | 13.5× |
| LLYEli Lilly and | 42.7× |
| BIIBBiogen | 44.4× |
| Peer median | 40.0× |
Where Merck ranks
What the PE ratio tells you
Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.
Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.
More on Merck
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.