Zoetis Inc.
ZTS Healthcare Drug Manufacturers Specialty & Generic
Zoetis Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.5 billion, up 2.28% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 2.48%, free cash flow grew 17.4% and total debt rose 37.5%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten; insiders bought in the last twelve months.
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Zoetis Inc. (ZTS) P/B ratio
As of 16 October 2026, Zoetis Inc. (ZTS) trades at a P/B ratio of 10.5×. Over the past ten years it has ranged from 9.2× (October 2026) to 26.3× (September 2020); the current reading is higher than 5% of that period. That is above the Drug Manufacturers Specialty & Generic industry median of 1.8× and above the Healthcare sector median of 2.3×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 16.3× | 5.31% |
| FY2024 | 15.5× | (14.58%) |
| FY2023 | 18.2× | 16.14% |
| FY2022 | 15.6× | (38.61%) |
| FY2021 | 25.5× | 22.13% |
| FY2020 | 20.9× | (10.74%) |
| FY2019 | 23.4× | 23.57% |
| FY2018 | 18.9× | (3.94%) |
| FY2017 | 19.7× | 11.09% |
| FY2016 | 17.7× | (19.26%) |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 9.5× | (38.23%) |
| Mar 2026 | 15.4× | (5.54%) |
| Dec 2025 | 16.3× | 36.09% |
| Sep 2025 | 12.0× | (13.92%) |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| TAK Takeda Pharmaceutical Co. compare | 1.3× |
| VTRS Viatris Inc. compare | 1.5× |
| ELAN Elanco Animal Health Incorporated compare | 1.8× |
| HLN Haleon PLC Sponsored ADR compare | 2.1× |
| RDY Dr. Reddy's Laboratories Ltd compare | 2.5× |
| UTHR United Therapeutics Corporation compare | 3.5× |
| NBIX Neurocrine Biosciences, Inc. compare | 3.7× |
| TEVA Teva Pharmaceutical Industries Ltd. compare | 6.2× |
| ZTS Zoetis Inc. | 10.5× |
| Drug Manufacturers Specialty & Generic industry median | 1.8× |
| Healthcare sector median | 2.3× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on ZTS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement