IQVIA
IQV
#490
Rank
$39.02 B
Marketcap
$214.19
Share price
0.64%
Change (1 day)
-0.34%
Change (1 year)

P/E ratio for IQVIA (IQV)

P/E ratio as of June 2024 (TTM): 35.4

According to IQVIA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.4033. At the end of 2022 the company had a P/E ratio of 35.3.

P/E ratio history for IQVIA from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202235.3-36.88%
202155.9-54.47%
2020123-22.16%
201915872.36%
201891.5479.29%
201715.8-64.5%
201644.5104.04%
201521.82.93%
201421.2-18.44%
201326.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-3.33-109.42% Bahamas
21.1-40.54%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.