Question 1

What is Charles River's P/E ratio?

Accepted Answer

Charles River (CRL) P/E ratio is 573.2× as of May 6, 2025. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Charles River?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Charles River specifically, the relevant sector benchmark is the current sector median of 25.0×.

Question 5

Is Charles River's P/E ratio high or low?

Accepted Answer

Charles River's P/E ratio of 573.2× is above its own 5-year average of 89.7× and above the sector median of 25.0×. That places the current reading at the 96th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Charles River's historical P/E ratio range?

Accepted Answer

In the available daily series, Charles River (CRL) P/E ratio has ranged from a low of 12.0× in 2011 to a high of 878.7× in 2025. The 5-year average is 89.7× and the 5-year median is 25.6×.

Question 7

What was Charles River's P/E ratio in 2024?

Accepted Answer

Charles River (CRL) P/E ratio at the end of 2024 was 916.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Charles River's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$10.02B	−$144.34M	—	—	Dec 27, 2025
2024	$9.44B	$10.30M	916.8×	+891.2×	Dec 31, 2024
2023	$12.13B	$474.62M	25.6×	+2.7×	Dec 31, 2023
2022	$11.09B	$486.23M	22.8×	-25.8×	Dec 31, 2022
2021	$19.02B	$390.98M	48.6×	+14.5×	Dec 31, 2021
2020	$12.43B	$364.30M	34.1×	+4.5×	Dec 31, 2020
2019	$7.47B	$252.02M	29.6×	+5.6×	Dec 31, 2019
2018	$5.45B	$226.37M	24.1×	-17.4×	Dec 31, 2018
2017	$5.12B	$123.36M	41.5×	+18.2×	Dec 31, 2017
2016	$3.60B	$154.76M	23.2×	-1.7×	Dec 31, 2016
2015	$3.72B	$149.31M	24.9×	+1.6×	Dec 31, 2015
2014	$2.96B	$126.70M	23.3×	-1.0×	Dec 31, 2014
2013	$2.50B	$102.83M	24.3×	+6.0×	Dec 31, 2013
2012	$1.78B	$97.30M	18.3×	+6.3×	Dec 31, 2012
2011	$1.32B	$109.57M	12.0×	—	Dec 31, 2011
2010	$2.02B	−$336.67M	—	—	Dec 31, 2010
2009	$2.20B	$114.44M	19.2×	—	Dec 31, 2009
2008	$1.75B	−$523.19M	—	—	Dec 31, 2008
2007	$4.45B	$154.41M	28.8×	—	Dec 31, 2007
2006	$2.83B	−$55.78M	—	—	Dec 31, 2006
2005	$3.04B	$142.00M	21.4×	-12.9×	Dec 31, 2005
2004	$3.08B	$89.79M	34.3×	+12.3×	Dec 31, 2004
2003	$1.77B	$80.15M	22.1×	-21.5×	Dec 31, 2003
2002	$2.19B	$50.13M	43.6×	+1.2×	Dec 31, 2002
2001	$1.50B	$35.41M	42.4×	—	Dec 31, 2001


Medtronic (MDT)	22.2×
McKesson (MCK)	22.2×
Illumina (ILMN)	21.7×
ResMed (RMD)	21.6×
GE HealthCare (GEHC)	21.6×
Pfizer (PFE)	21.1×
Quest Diagnostics (DGX)	21.1×
Henry Schein (HSIC)	21.0×
AptarGroup (ATR)	20.9×
IQVIA (IQV)	20.7×
UnitedHealth Group (UNH)	20.4×
Biogen (BIIB)	19.7×
Zoetis (ZTS)	18.9×
Gilead Sciences (GILD)	18.8×
Humana (HUM)	18.5×
Regeneron Pharmaceuticals (REGN)	18.2×
Bristol-Myers Squibb (BMY)	17.0×
HCA Healthcare (HCA)	15.8×
DaVita (DVA)	13.3×
Incyte (INCY)	13.1×
Elevance Health (ELV)	12.3×
Cigna (CI)	11.1×
Novo Nordisk (NVO)	8.6×
Solventum (SOLV)	7.9×
Universal Health Services (UHS)	7.2×

P/E Ratio for Charles River (CRL)

P/E Ratio daily chart for Charles River (CRL)

Historical P/E Ratio for Charles River (CRL) from 2001 to 2025

About P/E Ratio at Charles River (CRL)

Charles River P/E Ratio by Year

Charles River P/E Ratio 2024: 916.8×

Charles River P/E Ratio 2023: 25.6×

Charles River P/E Ratio 2022: 22.8×

Charles River P/E Ratio 2021: 48.6×

Charles River P/E Ratio 2020: 34.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Charles River (CRL) Key Financials

P/E Ratio daily chart for Charles River (CRL)

Historical P/E Ratio for Charles River (CRL) from 2001 to 2025

About P/E Ratio at Charles River (CRL)

Charles River P/E Ratio by Year

Charles River P/E Ratio 2024: 916.8×

Charles River P/E Ratio 2023: 25.6×

Charles River P/E Ratio 2022: 22.8×

Charles River P/E Ratio 2021: 48.6×

Charles River P/E Ratio 2020: 34.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Charles River's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Charles River?

+Is Charles River's P/E ratio high or low?

+What is Charles River's historical P/E ratio range?

+What was Charles River's P/E ratio in 2024?

+Why does Charles River's P/E ratio change over time?

Charles River (CRL) Key Financials