Peter Lynch's formula is:
JNJ Fair Value
= 23.98 x 15.79
JNJ Fair Value
= 378.78
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2019-12-29 | 2021-01-03 | 2022-01-02 | 2023-01-01 | 2023-12-31 | 5Y Avg | |
| Net income | 15,119.00 | 14,714.00 | 20,878.00 | 17,941.00 | 35,153.00 | 20,761.00 |
| YoY growth | -1.16% | -2.68% | 41.89% | -14.07% | 95.94% | 23.98% |
