AbbVie Inc.

WBAG:ABBV Stock Report

Market Cap: €300.3b

AbbVie Valuation

Is ABBV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ABBV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ABBV (€171.46) is trading below our estimate of fair value (€479.1)

Significantly Below Fair Value: ABBV is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ABBV?

Key metric: As ABBV is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ABBV. This is calculated by dividing ABBV's market cap by their current earnings.
What is ABBV's PE Ratio?
PE Ratio61.5x
EarningsUS$5.08b
Market CapUS$312.70b

Price to Earnings Ratio vs Peers

How does ABBV's PE Ratio compare to its peers?

The above table shows the PE ratio for ABBV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.6x
AMGN Amgen
37.4x19.1%US$158.3b
REGN Regeneron Pharmaceuticals
17.1x7.6%US$79.4b
CSL CSL
33.5x13.0%AU$136.1b
BIIB Biogen
14.2x12.4%US$23.0b
ABBV AbbVie
61.5x28.1%€312.7b

Price-To-Earnings vs Peers: ABBV is expensive based on its Price-To-Earnings Ratio (61.5x) compared to the peer average (25.4x).

Price to Earnings Ratio vs Industry

How does ABBV's PE Ratio compare vs other companies in the European Biotechs Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ABBV 61.5xIndustry Avg. 27.0xNo. of Companies5PE020406080100+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ABBV is expensive based on its Price-To-Earnings Ratio (61.5x) compared to the European Biotechs industry average (27x).

Price to Earnings Ratio vs Fair Ratio

What is ABBV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ABBV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio61.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ABBV's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ABBV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€171.46
€196.61
+14.7%
8.0%€230.47€158.45n/a29
Nov ’25€187.86
€191.05
+1.7%
7.8%€220.66€156.30n/a28
Oct ’25€178.48
€176.06
-1.4%
7.0%€195.28€152.29n/a26
Sep ’25€175.88
€176.61
+0.4%
6.9%€196.13€152.95n/a27
Aug ’25€176.34
€179.37
+1.7%
7.0%€198.55€157.00n/a27
Jul ’25€159.60
€171.05
+7.2%
5.7%€192.78€156.46n/a27
Jun ’25€145.12
€168.12
+15.8%
6.1%€190.58€148.23n/a27
May ’25€151.50
€170.78
+12.7%
5.8%€192.14€150.16n/a27
Apr ’25€167.80
€169.78
+1.2%
6.3%€190.20€148.65n/a27
Mar ’25€163.60
€166.57
+1.8%
7.2%€189.85€141.00n/a26
Feb ’25€153.10
€159.19
+4.0%
9.4%€189.28€124.65n/a27
Jan ’25€139.70
€153.42
+9.8%
10.6%€183.79€115.21n/a28
Dec ’24€131.60
€153.88
+16.9%
10.6%€184.82€115.86n/a28
Nov ’24€135.10
€158.17
+17.1%
10.7%€193.09€118.68€187.8627
Oct ’24€142.50
€157.90
+10.8%
10.7%€194.09€119.30€178.4827
Sep ’24€137.40
€152.94
+11.3%
10.7%€188.50€115.86€175.8827
Aug ’24€135.70
€149.46
+10.1%
10.6%€182.33€114.29€176.3428
Jul ’24€123.50
€152.98
+23.9%
11.3%€186.81€111.53€159.6025
Jun ’24€124.60
€152.98
+22.8%
11.3%€186.81€111.53€145.1225
May ’24€134.90
€149.41
+10.8%
10.7%€176.96€108.90€151.5025
Apr ’24€145.36
€151.23
+4.0%
10.9%€184.38€110.63€167.8024
Mar ’24€144.26
€154.14
+6.9%
11.1%€189.04€113.42€163.6025
Feb ’24€133.94
€149.25
+11.4%
11.3%€183.98€110.39€153.1025
Jan ’24€152.40
€150.24
-1.4%
11.3%€188.36€113.02€139.7025
Dec ’23€153.44
€152.67
-0.5%
11.2%€192.94€115.76€131.6024
Nov ’23€148.32
€158.82
+7.1%
11.6%€202.44€121.46€135.1023

Analyst Forecast: Target price is less than 20% higher than the current share price.

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