Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 37.61 is 102% above its 5-year average of 18.59, near the high end of its 5-year range (10.13–39.74).
As of Tuesday, September 8, 2026. 105.67% above its 12-month average of 18.29.
PE Ratio (37.61) = Close Price ($210.73) / Diluted TTM EPS ($5.60)
PE RATIO
37.61
PE RATIO AVG TTM
18.29
PE RATIO AVG 3Y
19.75
PE RATIO AVG 5Y
18.59
PE RATIO AVG 10Y
16.96
PE RATIO AVG 15Y
20.83
PE RATIO AVG 20Y
21.06
CURRENT VS TTM AVG
+105.67%
CURRENT VS 3Y AVG
+90.47%
CURRENT VS 5Y AVG
+102.27%
CURRENT VS 10Y AVG
+121.80%
CURRENT VS 15Y AVG
+80.59%
CURRENT VS 20Y AVG
+78.58%
SECTOR MEDIAN · HEALTHCARE
27.76
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+35.48%
vs the sector median at left
Market Cap
$29.44B
PE Ratio
19.36
TTM Avg
18.50
3Y Avg
20.58
5Y Avg
20.24
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Biogen Inc. (BIIB) | $31.14B | 37.61 | 18.29 | 19.75 | 18.59 |
| Zoetis Inc. (ZTS)vs › | $30.74B | 12.12 | 18.56 | 28.28 | 33.52 |
| DexCom, Inc. (DXCM)vs › | $31.65B | 33.41 | 35.56 | 61.42 | 107.04 |
| Centene Corp. (CNC)vs › | $31.66B | N/A | 8.90 | 15.70 | 23.23 |
| ResMed Inc. (RMD)vs › | $31.91B | 21.25 | 23.63 | 27.59 | 36.70 |
| Waters Corporation (WAT)vs › | $30.28B | 100.48 | 40.95 | 34.30 | 31.80 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $29.44B | 19.36 | 18.50 | 20.58 | 20.24 |
| Alcon Inc. (ALC)vs › | $33.37B | 53.17 | 39.96 | 47.57 | 67.15 |
| Medline Inc. (MDLN)vs › | $28.79B | 40.34 | 35.33 | 35.33 | 35.33 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $34.52B | 43.94 | 617.73 | 617.73 | 617.73 |
At 37.6, P/E is above its 20-year median — higher than 91% of readings in its 20-year history.
20-year low
7.8
median
20.2
20-year high
488.0
Trailing P/E
37.6
Forward P/E
17.0
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$210.73
Forward EPS (Est.)
$12.49
Forward P/E
17.02
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PE RATIO |
|---|---|
| 2026-09-08 | 37.61 |
| 2026-09-04 | 39.08 |
| 2026-09-03 | 39.74 |
| 2026-09-02 | 39.41 |
| 2026-09-01 | 38.24 |
| 2026-08-31 | 38.35 |
| 2026-08-28 | 38.67 |
| 2026-08-27 | 39.20 |
| 2026-08-26 | 39.13 |
| 2026-08-25 | 39.07 |
| 2026-08-24 | 38.61 |
| 2026-08-21 | 38.37 |
| 2026-08-20 | 37.94 |
| 2026-08-19 | 39.21 |
| 2026-08-18 | 37.62 |
| 2026-08-17 | 37.02 |
| 2026-08-14 | 37.14 |
| 2026-08-13 | 37.28 |
| 2026-08-12 | 36.97 |
| 2026-08-11 | 36.09 |
| 2026-08-10 | 36.66 |
| 2026-08-07 | 36.80 |
| 2026-08-06 | 36.51 |
| 2026-08-05 | 36.57 |
| 2026-08-04 | 36.89 |
| 2026-08-03 | 35.72 |
| 2026-07-31 | 35.92 |
| 2026-07-30 | 36.80 |
| 2026-07-29 | 37.03 |
| 2026-07-28 | 22.01 |
| 2026-07-27 | 21.43 |
| 2026-07-24 | 21.65 |
| 2026-07-23 | 21.48 |
| 2026-07-22 | 21.17 |
| 2026-07-21 | 21.75 |
| 2026-07-20 | 21.41 |
| 2026-07-17 | 22.05 |
| 2026-07-16 | 22.37 |
| 2026-07-15 | 21.12 |
| 2026-07-14 | 20.55 |
| 2026-07-13 | 22.38 |
| 2026-07-10 | 21.32 |
| 2026-07-09 | 21.30 |
| 2026-07-08 | 21.45 |
| 2026-07-07 | 22.02 |
| 2026-07-06 | 22.32 |
| 2026-07-02 | 23.14 |
| 2026-07-01 | 22.46 |
| 2026-06-30 | 23.13 |
| 2026-06-29 | 23.19 |
| 2026-06-26 | 23.13 |
| 2026-06-25 | 21.62 |
| 2026-06-24 | 21.37 |
| 2026-06-23 | 21.11 |
| 2026-06-22 | 21.38 |
| 2026-06-18 | 21.05 |
| 2026-06-17 | 21.27 |
| 2026-06-16 | 20.94 |
| 2026-06-15 | 21.27 |
| 2026-06-12 | 21.42 |
| 2026-06-11 | 21.41 |
| 2026-06-10 | 20.80 |
| 2026-06-09 | 21.32 |
| 2026-06-08 | 20.62 |
| 2026-06-05 | 20.91 |
| 2026-06-04 | 21.03 |
| 2026-06-03 | 20.98 |
| 2026-06-02 | 20.22 |
| 2026-06-01 | 20.58 |
| 2026-05-29 | 20.99 |
| 2026-05-28 | 21.03 |
| 2026-05-27 | 21.09 |
| 2026-05-26 | 20.67 |
| 2026-05-22 | 20.75 |
| 2026-05-21 | 20.29 |
| 2026-05-20 | 20.11 |
| 2026-05-19 | 20.40 |
| 2026-05-18 | 20.55 |
| 2026-05-15 | 20.66 |
| 2026-05-14 | 20.49 |
| 2026-05-13 | 21.90 |
| 2026-05-12 | 21.34 |
| 2026-05-11 | 21.19 |
| 2026-05-08 | 20.71 |
| 2026-05-07 | 20.49 |
| 2026-05-06 | 20.42 |
| 2026-05-05 | 20.25 |
| 2026-05-04 | 20.04 |
| 2026-05-01 | 20.03 |
| 2026-04-30 | 20.27 |
| 2026-04-29 | 20.81 |
| 2026-04-28 | 20.77 |
| 2026-04-27 | 20.46 |
| 2026-04-24 | 20.88 |
| 2026-04-23 | 21.28 |
| 2026-04-22 | 21.53 |
| 2026-04-21 | 21.06 |
| 2026-04-20 | 20.76 |
| 2026-04-17 | 20.08 |
| 2026-04-16 | 19.93 |
| 2026-04-15 | 20.45 |
| 2026-04-14 | 20.27 |
| 2026-04-13 | 19.97 |
| 2026-04-10 | 19.59 |
| 2026-04-09 | 20.06 |
| 2026-04-08 | 20.37 |
| 2026-04-07 | 19.89 |
| 2026-04-06 | 19.52 |
| 2026-04-02 | 20.08 |
| 2026-04-01 | 20.81 |
| 2026-03-31 | 20.76 |
| 2026-03-30 | 21.24 |
| 2026-03-27 | 20.82 |
| 2026-03-26 | 21.64 |
| 2026-03-25 | 21.42 |
| 2026-03-24 | 20.83 |
| 2026-03-23 | 20.80 |
| 2026-03-20 | 20.55 |
| 2026-03-19 | 20.77 |
| 2026-03-18 | 20.65 |
| 2026-03-17 | 20.98 |
| 2026-03-16 | 20.75 |
| 2026-03-13 | 20.56 |
| 2026-03-12 | 20.94 |
| 2026-03-11 | 21.57 |
| 2026-03-10 | 21.34 |
| 2026-03-09 | 21.32 |
| 2026-03-06 | 20.94 |
| 2026-03-05 | 21.30 |
| 2026-03-04 | 21.51 |
| 2026-03-03 | 20.84 |
| 2026-03-02 | 21.30 |
| 2026-02-27 | 21.72 |
| 2026-02-26 | 21.29 |
| 2026-02-25 | 21.60 |
| 2026-02-24 | 22.10 |
| 2026-02-23 | 22.24 |
| 2026-02-20 | 21.75 |
| 2026-02-19 | 21.75 |
| 2026-02-18 | 21.99 |
| 2026-02-17 | 22.15 |
| 2026-02-13 | 22.26 |
| 2026-02-12 | 22.14 |
| 2026-02-11 | 21.65 |
| 2026-02-10 | 21.40 |
| 2026-02-09 | 21.95 |
| 2026-02-06 | 22.78 |
| 2026-02-05 | 16.87 |
| 2026-02-04 | 16.87 |
| 2026-02-03 | 16.08 |
| 2026-02-02 | 16.30 |
| 2026-01-30 | 16.37 |
| 2026-01-29 | 16.03 |
| 2026-01-28 | 15.91 |
| 2026-01-27 | 15.84 |
| 2026-01-26 | 15.75 |
| 2026-01-23 | 15.61 |
| 2026-01-22 | 15.81 |
| 2026-01-21 | 15.71 |
| 2026-01-20 | 15.05 |
| 2026-01-16 | 14.96 |
| 2026-01-15 | 15.34 |
| 2026-01-14 | 15.41 |
| 2026-01-13 | 16.22 |
| 2026-01-12 | 16.89 |
| 2026-01-09 | 17.07 |
| 2026-01-08 | 16.92 |
| 2026-01-07 | 17.01 |
| 2026-01-06 | 16.62 |
| 2026-01-05 | 15.89 |
| 2026-01-02 | 16.18 |
| 2025-12-31 | 16.01 |
| 2025-12-30 | 16.05 |
| 2025-12-29 | 16.09 |
| 2025-12-26 | 16.11 |
| 2025-12-24 | 16.04 |
| 2025-12-23 | 15.91 |
| 2025-12-22 | 15.90 |
| 2025-12-19 | 15.91 |
| 2025-12-18 | 15.46 |
| 2025-12-17 | 15.66 |
| 2025-12-16 | 15.61 |
| 2025-12-15 | 15.99 |
| 2025-12-12 | 15.84 |
| 2025-12-11 | 15.70 |
| 2025-12-10 | 16.16 |
| 2025-12-09 | 16.00 |
| 2025-12-08 | 16.42 |
| 2025-12-05 | 16.50 |
| 2025-12-04 | 16.56 |
| 2025-12-03 | 16.45 |
| 2025-12-02 | 16.39 |
| 2025-12-01 | 16.18 |
| 2025-11-28 | 16.57 |
| 2025-11-26 | 16.56 |
| 2025-11-25 | 16.56 |
| 2025-11-24 | 16.09 |
| 2025-11-21 | 15.95 |
| 2025-11-20 | 15.30 |
| 2025-11-19 | 15.28 |
| 2025-11-18 | 15.36 |
| 2025-11-17 | 14.98 |
| 2025-11-14 | 15.25 |
| 2025-11-13 | 14.99 |
| 2025-11-12 | 14.69 |
| 2025-11-11 | 14.52 |
| 2025-11-10 | 14.22 |
| 2025-11-07 | 14.15 |
| 2025-11-06 | 14.26 |
| 2025-11-05 | 13.96 |
| 2025-11-04 | 13.59 |
| 2025-11-03 | 13.78 |
| 2025-10-31 | 14.04 |
| 2025-10-30 | 13.61 |
| 2025-10-29 | 14.11 |
| 2025-10-28 | 14.23 |
| 2025-10-27 | 14.35 |
| 2025-10-24 | 14.30 |
| 2025-10-23 | 14.32 |
| 2025-10-22 | 14.10 |
| 2025-10-21 | 13.95 |
| 2025-10-20 | 13.99 |
| 2025-10-17 | 13.65 |
| 2025-10-16 | 13.57 |
| 2025-10-15 | 13.71 |
| 2025-10-14 | 13.87 |
| 2025-10-13 | 13.81 |
| 2025-10-10 | 13.99 |
| 2025-10-09 | 14.28 |
| 2025-10-08 | 14.41 |
| 2025-10-07 | 14.52 |
| 2025-10-06 | 14.70 |
| 2025-10-03 | 15.26 |
| 2025-10-02 | 14.81 |
| 2025-10-01 | 14.72 |
| 2025-09-30 | 13.37 |
| 2025-09-29 | 13.22 |
| 2025-09-26 | 13.11 |
| 2025-09-25 | 12.95 |
| 2025-09-24 | 13.14 |
| 2025-09-23 | 13.29 |
| 2025-09-22 | 13.42 |
| 2025-09-19 | 13.60 |
| 2025-09-18 | 13.72 |
| 2025-09-17 | 13.82 |
| 2025-09-16 | 13.71 |
| 2025-09-15 | 13.68 |
| 2025-09-12 | 13.82 |
| 2025-09-11 | 14.20 |
| 2025-09-10 | 13.61 |
| 2025-09-09 | 13.70 |
| 2025-09-08 | 13.49 |
| 2025-09-05 | 13.42 |
| 2025-09-04 | 13.35 |
| 2025-09-03 | 13.51 |
| 2025-09-02 | 13.32 |
| 2025-08-29 | 12.62 |
| 2025-08-28 | 12.66 |
| 2025-08-27 | 13.01 |
| 2025-08-26 | 13.05 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.