Zoetis
ZTS
#218
Rank
$79.57 B
Marketcap
$174.39
Share price
0.19%
Change (1 day)
-2.86%
Change (1 year)

P/E ratio for Zoetis (ZTS)

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

According to Zoetis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.4451. At the end of 2022 the company had a P/E ratio of 32.5.

P/E ratio history for Zoetis from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202232.5-42.74%
202156.817.96%
202048.114.14%
201942.145.36%
201829.0-29.16%
201740.926.17%
201632.4-53.96%
201570.589.97%
201437.114.61%
201332.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.3-56.73%๐Ÿ‡บ๐Ÿ‡ธ USA
144 306.97%๐Ÿ‡บ๐Ÿ‡ธ USA
15.2-57.05%๐Ÿ‡ซ๐Ÿ‡ท France
71.9 102.87%๐Ÿ‡บ๐Ÿ‡ธ USA
25.7-27.56%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
-62.2-275.40%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.