Zoetis
ZTS
#186
Rank
$77.13 B
Marketcap
$165.49
Share price
0.48%
Change (1 day)
-17.17%
Change (1 year)

P/E ratio for Zoetis (ZTS)

P/E ratio as of January 2023 (TTM): 37.2

According to Zoetis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.2364. At the end of 2021 the company had a P/E ratio of 56.8.

P/E ratio history for Zoetis from 2013 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202156.8
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
8.17-78.05%๐Ÿ‡บ๐Ÿ‡ธ USA
52.5 41.01%๐Ÿ‡บ๐Ÿ‡ธ USA
14.8-60.37%๐Ÿ‡ซ๐Ÿ‡ท France
17.6-52.66%๐Ÿ‡บ๐Ÿ‡ธ USA
13.4-63.99%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
-57.1-253.30%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.