Start with its own history
At 7.45×, VTRS is 95.6% below its 6-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · VTRSDrug Manufacturers - Specialty & GenericUpdated Nov 2, 2026
Viatris Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
7.45×
95.6% belowthe 6-observation annual average
Share price18.785
÷Earnings per share2.52
Price and EPS in quote currency. Calculation details
Investors are paying 7.45 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 171.14×
3-year average237.50×1 positive annual observations
5-year average122.00×2 positive annual observations
10-year average171.14×6 positive annual observations
Peer median · TTM39.94×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 22 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | N/M | N/M |
| Dec 31, 2024 | N/M | N/M |
| Dec 31, 2023 | 237.50× | +3548.9% |
| Dec 31, 2022 | 6.51× | N/M |
| Dec 31, 2021 | N/M | N/M |
| Dec 31, 2020 | N/M | N/M |
| Dec 31, 2019 | 670.00× | +1587.2% |
| Dec 30, 2018 | 39.71× | +22.0% |
View all 22 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 30, 2017 | 32.55× | -19.8% |
| Dec 30, 2016 | 40.59× | +35.1% |
| Dec 30, 2015 | 30.04× | +32.7% |
| Dec 30, 2014 | 22.64× | -15.0% |
| Dec 30, 2013 | 26.63× | +49.4% |
| Dec 31, 2012 | 17.82× | +3.8% |
| Dec 31, 2011 | 17.17× | -43.9% |
| Dec 31, 2010 | 30.62× | -48.5% |
| Dec 31, 2009 | 59.45× | N/M |
| Dec 31, 2008 | N/M | N/M |
| Dec 31, 2007 | N/M | N/M |
| Mar 31, 2006 | 29.25× | +25.5% |
| Mar 31, 2005 | 23.32× | +27.2% |
| Mar 31, 2004 | 18.33× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How VTRS compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 VTRS This stockViatris Inc. | 7.45× |
 TEVATeva Pharmaceutical Industries Limited | 65.28× |
 RDYDr. Reddy's Laboratories Limited | 39.94× |
 AMRXAmneal Pharmaceuticals, Inc. | 41.05× |
 ANIPANI Pharmaceuticals, Inc. | 14.83× |
 BHCBausch Health Companies Inc. | N/M |
 OGNOrganon & Co. | 17.50× |
 HLNHaleon plc | 17.82× |
 ALKSAlkermes plc | 111.98× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does VTRS’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 39.94×. 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 VTRS 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("VTRS", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 18.785 ÷ EPS 2.52 = 7.45×. 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.
VTRS P/E ratio: common questions
The essentials behind the numbers.
Viatris Inc.'s current P/E is 7.45× 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.