Start with its own history
At 14.03×, TEVA is 92.5% below its 3-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · TEVADrug Manufacturers - Specialty & GenericUpdated Nov 2, 2026
Teva Pharmaceutical Industries Limited P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
14.03×
92.5% belowthe 3-observation annual average
Share price41.11
÷Earnings per share2.93
Price and EPS in quote currency. Calculation details
Investors are paying 14.03 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 188.10×
3-year average25.37×1 positive annual observations
5-year average23.23×2 positive annual observations
10-year average188.10×3 positive annual observations
Peer median · TTM38.73×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 25.37× | N/M |
| Dec 31, 2024 | N/M | N/M |
| Dec 31, 2023 | N/M | N/M |
| Dec 31, 2022 | N/M | N/M |
| Dec 31, 2021 | 21.08× | N/M |
| Dec 31, 2020 | N/M | N/M |
| Dec 31, 2019 | N/M | N/M |
| Dec 31, 2018 | N/M | N/M |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | N/M | N/M |
| Dec 31, 2016 | 517.86× | +1351.6% |
| Dec 31, 2015 | 35.67× | +122.1% |
| Dec 31, 2014 | 16.06× | -40.3% |
| Dec 31, 2013 | 26.90× | +62.1% |
| Dec 31, 2012 | 16.60× | +27.5% |
| Dec 31, 2011 | 13.02× | -7.1% |
| Dec 31, 2010 | 14.01× | -42.9% |
| Dec 31, 2009 | 24.53× | -53.3% |
| Dec 31, 2008 | 52.56× | +187.2% |
| Dec 31, 2007 | 18.30× | -57.6% |
| Dec 31, 2006 | 43.17× | +73.6% |
| Dec 31, 2005 | 24.86× | -55.0% |
| Dec 31, 2004 | 55.30× | +151.6% |
| Dec 31, 2003 | 21.98× | -11.2% |
| Dec 31, 2002 | 24.75× | -14.9% |
| Dec 31, 2001 | 29.07× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How TEVA compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 TEVA This stockTeva Pharmaceutical Industries Limited | 14.03× |
 VTRSViatris Inc. | N/M |
 AMRXAmneal Pharmaceuticals, Inc. | 41.25× |
 RDYDr. Reddy's Laboratories Limited | 39.94× |
 CIPLA.NSCipla Limited | 38.67× |
 GLENMARK.NSGlenmark Pharmaceuticals Limited | 37.39× |
 SUNPHARMA.NSSun Pharmaceutical Industries Limited | 38.73× |
 TORNTPHARM.NSTorrent Pharmaceuticals Limited | 75.28× |
 ZYDUSLIFE.NSZydus Lifesciences Limited | 27.65× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does TEVA’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 38.73×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take TEVA into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("TEVA", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 41.11 ÷ EPS 2.93 = 14.03×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
TEVA P/E ratio: common questions
The essentials behind the numbers.
Teva Pharmaceutical Industries Limited's current P/E is 14.03× based on the quote data last updated Nov 2, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.