Pfizer Inc., is a global pharmaceutical company headquartered in New York City, New York, United States. It was founded by Charles Pfizer from Ludwigsburg. Pfizer is the second largest pharmaceutical company in the world after Roche, followed by Novartis.
P/E ratio for Pfizer (PFE)
P/E ratio as of July 2025 (TTM): 17.5
According to Pfizer's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.482. At the end of 2024 the company had a P/E ratio of 18.7.
P/E ratio history for Pfizer from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 18.7 | -75.99% |
| 2023 | 77.8 | 750.39% |
| 2022 | 9.15 | -39.41% |
| 2021 | 15.1 | -29.02% |
| 2020 | 21.3 | 67.14% |
| 2019 | 12.7 | -41.9% |
| 2018 | 21.9 | 128.27% |
| 2017 | 9.60 | -63.56% |
| 2016 | 26.3 | -2.82% |
| 2015 | 27.1 | 32.06% |
| 2014 | 20.5 | 123.88% |
| 2013 | 9.17 | -24.1% |
| 2012 | 12.1 | -24.7% |
| 2011 | 16.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Merck MRK | 12.0 | -31.47% | 🇺🇸 USA |
 Johnson & Johnson JNJ | 18.5 | 6.05% | 🇺🇸 USA |
 Bristol-Myers Squibb BMY | 17.5 | 0.02% | 🇺🇸 USA |
 Eli Lilly LLY | 61.7 | 253.21% | 🇺🇸 USA |
 Novartis NVS | 18.2 | 4.28% | 🇨🇭 Switzerland |
 GlaxoSmithKline GSK | 24.2 | 38.15% | 🇬🇧 UK |
 Amgen AMGN | 27.5 | 57.14% | 🇺🇸 USA |
 Abbott Laboratories ABT | 16.4 | -5.96% | 🇺🇸 USA |
 AstraZeneca AZN | 29.5 | 68.93% | 🇬🇧 UK |
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.