JNJ vs PG: Which Is the Better Buy?

Side-by-side comparison of Johnson & Johnson and The Procter & Gamble Company — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-06-20.
Johnson & Johnson · Healthcare
$228.39
-20.6% upside to fair value
Grade D High Quality
VS
The Procter & Gamble Company · Consumer Defensive
$150.38
+10.0% upside to fair value
Grade B High Quality
QuantHub Verdict
PG has more upside to fair value (+10.0%). PG trades at a lower forward P/E (21.5x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric JNJ PG
Current Price $228.39 $150.38
Fair Value Estimate $181.44 $165.39
Upside to Fair Value -20.6% +10.0%
Market Cap $549.8B $350.2B
Forward P/E 26.3x 21.5x
EV / EBITDA 17.4x 15.1x
Price / Sales 5.7x 4.0x
Price / FCF 30.9x 23.3x
Revenue Growth YoY +9.9% +7.4%
Gross Margin 69.1% 50.3%
Operating Margin 26.9% 23.2%
Return on Equity 26.3% 31.3%
Dividend Yield 0% 0%
FCF Yield 3.24% 4.29%
Analyst Consensus Buy Buy
Investment Thesis
JNJ — Johnson & Johnson
Johnson & Johnson is a leading global healthcare company focused on innovative medicine and MedTech following the Kenvue consumer spin-off. It benefits from a durable competitive moat with strong market positions in pharmaceuticals and medical devices, supported by a long-tenured management team and disciplined capital allocation. However, the stock is currently very expensive, trading approximat…
PG — The Procter & Gamble Company
The Procter & Gamble Company is a leading global consumer defensive company specializing in household and personal products with a strong portfolio across fabric care, baby and family care, beauty, health care, and grooming. The business quality is high, supported by a durable competitive moat from strong brands, consistent earnings growth, and prudent capital allocation emphasizing dividends and…
Accumulation Zones
Metric JNJ PG
Zone Low $136.08 $124.04
Zone High $154.22 $140.58
In Buy Zone? No No
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