Price to Earning ratio Analysis of Abbott Laboratories - Deep Dive


Latest FY PE
Period Ending - Dec-23

31.23


Very Poor PE
Period Ending - Dec-22
26.33

Poor PE
Growth
18.63 %
Trailing Twelve Months PE
Period Ending - Dec-23

31.75


Very Poor PE
PE Analysis of Abbott Laboratories
P/E Ratio of Abbott Laboratories with value of 31.75 shows that stock price is high compared to company earnings and may be overvalued.
PE Ratio of ABT has grown by 18.63 % Compared to previous Financial Year.
PE Ratio with value of 49.36 was highest in Year Dec-19 in last Five Years.
PE Ratio with value of 25.81 was lowest in Year Dec-21 in last Five Years.
Latest PE Ratio with value of 31.23 is lower than Average PE of 34.67 in last five years.
Other PE Related Info of ABT that may interest you.
Abbott Laboratories Overview
CodePricePrevious PricePrice ChangeSector
ABT102.19101.74 0.442 % Medical Devices
Fundamental AnalysisTechnical Analysis
Defination of Price to Earning
PE Ratio measures the relationship between the company's current stock price and EPS (Earnings Per Share). PE Ratio indicates how many times investors pay money to get 1 rupee of return. It is one of the important parameters to evaluate whether a company's stock price is overvalued or undervalued.    more ..
Price to Earning Formula

PE Related Ratios
PriceToSalesRatioPriceToBookRatioPriceToCashFlowRatio

Tsr Value Index
Very Low Value Stock
FY - Historical Price to Earning of Abbott Laboratories
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
PE31.2326.3325.8140.6049.3676.38374.70
Change18.63 %1.99 %-36.43 %-17.75 %-35.38 %-79.61 %246.15 %
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FY Chart of Price to Earning of Abbott Laboratories


Note : All Data Generated at the End of Trading Hours (EOD Data)