Question 1

What is Pfizer's P/S ratio?

Accepted Answer

Pfizer (PFE) P/S ratio is 2.2× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. 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/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Pfizer?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Pfizer specifically, the relevant sector benchmark is the current sector median of 3.4×.

Question 5

Is Pfizer's P/S ratio high or low?

Accepted Answer

Pfizer's P/S ratio of 2.2× is below its own 5-year average of 2.8× and below the sector median of 3.4×. That places the current reading at the 16th 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 Pfizer's historical P/S ratio range?

Accepted Answer

In the available daily series, Pfizer (PFE) P/S ratio has ranged from a low of 1.7× in 2010 to a high of 7.1× in 2002. The 5-year average is 2.8× and the 5-year median is 2.7×.

Question 7

What was Pfizer's P/S ratio in 2025?

Accepted Answer

Pfizer (PFE) P/S ratio at the end of 2025 was 2.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Pfizer's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). 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	$142B	$62.6B	2.3×	-0.1×	Dec 31, 2025
2024	$150B	$63.6B	2.4×	-0.4×	Dec 31, 2024
2023	$163B	$59.6B	2.7×	-0.1×	Dec 31, 2023
2022	$288B	$100B	2.9×	-1.2×	Dec 31, 2022
2021	$332B	$81.3B	4.1×	-0.8×	Dec 31, 2021
2020	$205B	$41.9B	4.9×	+0.9×	Dec 31, 2020
2019	$206B	$51.8B	4.0×	-0.5×	Dec 31, 2019
2018	$240B	$53.6B	4.5×	+0.6×	Dec 31, 2018
2017	$205B	$52.5B	3.9×	+0.4×	Dec 31, 2017
2016	$187B	$52.8B	3.5×	-0.3×	Dec 31, 2016
2015	$189B	$48.9B	3.9×	+0.1×	Dec 31, 2015
2014	$186B	$49.6B	3.7×	+0.2×	Dec 31, 2014
2013	$187B	$52.7B	3.6×	+0.6×	Dec 31, 2013
2012	$174B	$59.5B	2.9×	+0.6×	Dec 31, 2012
2011	$157B	$67.4B	2.3×	+0.4×	Dec 31, 2011
2010	$133B	$67.8B	2.0×	-0.4×	Dec 31, 2010
2009	$117B	$50B	2.3×	-0.0×	Dec 31, 2009
2008	$113B	$48.3B	2.3×	-0.7×	Dec 31, 2008
2007	$146B	$48.4B	3.0×	-0.5×	Dec 31, 2007
2006	$175B	$49.3B	3.6×	+0.4×	Dec 31, 2006
2005	$162B	$51.3B	3.2×	-0.5×	Dec 31, 2005
2004	$190B	$52.5B	3.6×	-2.0×	Dec 31, 2004
2003	$254B	$45.2B	5.6×	+0.2×	Dec 31, 2003
2002	$177B	$32.4B	5.5×	—	Dec 31, 2002


Zimmer Biomet Holdings (ZBH)	2.1×
AptarGroup (ATR)	2.1×
Becton, Dickinson and (BDX)	2.1×
Charles River (CRL)	1.9×
Quest Diagnostics (DGX)	1.9×
IQVIA (IQV)	1.7×
GE HealthCare (GEHC)	1.6×
Labcorp Holdings (LH)	1.6×
HCA Healthcare (HCA)	1.4×
Solventum (SOLV)	1.4×
Viatris (VTRS)	1.1×
UnitedHealth Group (UNH)	0.8×
Baxter International (BAX)	0.8×
DaVita (DVA)	0.7×
Henry Schein (HSIC)	0.6×
Universal Health Services (UHS)	0.6×
Elevance Health (ELV)	0.4×
Teladoc Health (TDOC)	0.4×
McKesson (MCK)	0.3×
Cigna (CI)	0.3×
CVS Health (CVS)	0.2×
Cardinal Health (CAH)	0.2×
Cencora (COR)	0.2×
Humana (HUM)	0.2×
Centene (CNC)	0.1×

P/S Ratio for Pfizer (PFE) 2002-2026

P/S Ratio daily chart for Pfizer (PFE)

Historical P/S Ratio for Pfizer (PFE) from 2002 to 2025

About P/S Ratio at Pfizer (PFE)

Pfizer P/S Ratio by Year

Pfizer P/S Ratio 2025: 2.3×

Pfizer P/S Ratio 2024: 2.4×

Pfizer P/S Ratio 2023: 2.7×

Pfizer P/S Ratio 2022: 2.9×

Pfizer P/S Ratio 2021: 4.1×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Pfizer (PFE) Key Financials