The biotechnology and pharmaceutical company Abbvie, spelled AbbVie, was founded in 2013 as a spin-off from Abbott Laboratories and is traded on the NYSE stock exchange in the S&P 100 index under the symbol “ABBV”.
P/E ratio for AbbVie (ABBV)
P/E ratio as of April 2025 (TTM): 47.0
According to AbbVie's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.9999. At the end of 2022 the company had a P/E ratio of 24.3.
P/E ratio history for AbbVie from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 24.3 | 16.29% |
| 2021 | 20.9 | -43.89% |
| 2020 | 37.2 | 122.84% |
| 2019 | 16.7 | -35.26% |
| 2018 | 25.8 | -11.41% |
| 2017 | 29.1 | 70.28% |
| 2016 | 17.1 | -8.47% |
| 2015 | 18.7 | -68.3% |
| 2014 | 58.9 | 188.94% |
| 2013 | 20.4 | 92.03% |
| 2012 | 10.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 11.9 | -74.67% | 🇺🇸 USA |
 | 12.4 | -73.62% | 🇺🇸 USA |
 | 155 | 229.17% | 🇺🇸 USA |
 | 19.6 | -58.31% | 🇺🇸 USA |
 | 23.8 | -49.33% | 🇺🇸 USA |
 | 6.43 | -86.33% | 🇺🇸 USA |
 | 10.3 | -78.16% | 🇬🇧 UK |
 | 34.1 | -27.55% | 🇬🇧 UK |
 | 51.7 | 10.05% | 🇺🇸 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.