P/E ratio for IDEXX Laboratories (IDXX)

P/E ratio history for IDEXX Laboratories from 2001 to 2025

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Abbott Laboratories ABT	29.8	-34.68%	🇺🇸 USA
Thermo Fisher Scientific TMO	27.9	-38.67%	🇺🇸 USA
Henry Schein HSIC	23.9	-47.60%	🇺🇸 USA
Meridian Bioscience VIVO	35.0	-23.11%	🇺🇸 USA
Neogen NEOG	-3.32	-107.28%	🇺🇸 USA
Heska Corporation HSKA	-62.2	-236.50%	🇺🇸 USA
Petco WOOF	-228	-599.48%	🇺🇸 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.