P/E Ratio
Updated 128h ago
Sector Performance
78th percentileIDXX
38.4x
Sector Median
24.7x
Sector Avg
36.0x
Deep Analysis
The current P/E ratio of 38.4x means investors are paying $38.40 for every $1 of the company’s earnings per share — a measure of how expensive the stock is relative to its profitability.
This is well above the sector median of 24.4x, placing IDXX in the 78th percentile among its peer group, indicating it trades at a premium. Year-over-year change is not available, but the quarter-over-quarter change shows a decline of 3.5%, from 39.8x to 38.4x. The combination of a high P/E versus peers and a recent downward trend suggests the stock carries elevated valuation risk, though the slight cooling may point to some moderation in market expectations. The NEUTRAL verdict is supported: the premium multiple reinforces caution, but the quarterly drop prevents a clear bearish signal.
Frequently Asked Questions
What does the P/E Ratio tell investors about IDXX?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
Who are IDXX's closest peers by P/E Ratio?
The closest peers by P/E Ratio include: VICI (9.1x), OMF (9.0x), JACK (8.5x), GIS (8.4x), FIS (8.4x).
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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38.4x
Sector Median
24.7x
Sector Avg
36.0x
How IDXX's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.