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 33.41 is 69% below its 5-year average of 107.04, near the low end of its 5-year range (24.71–271.20).
As of Tuesday, September 8, 2026. 3.15% below its 12-month average of 34.50.
PE Ratio (33.41) = Close Price ($83.71) / Diluted TTM EPS ($2.51)
PE RATIO
33.41
PE RATIO AVG TTM
34.50
PE RATIO AVG 3Y
57.52
PE RATIO AVG 5Y
107.04
PE RATIO AVG 10Y
N/A
PE RATIO AVG 15Y
N/A
PE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-3.15%
CURRENT VS 3Y AVG
-41.91%
CURRENT VS 5Y AVG
-68.79%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
27.76
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+20.35%
vs the sector median at left
Market Cap
$29.85B
PE Ratio
19.36
TTM Avg
18.50
3Y Avg
20.58
5Y Avg
20.24
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DexCom, Inc. (DXCM) | $31.59B | 33.41 | 34.50 | 57.52 | 107.04 |
| ResMed Inc. (RMD)vs › | $31.77B | 21.25 | 23.63 | 27.59 | 36.70 |
| Biogen Inc. (BIIB)vs › | $31.32B | 37.61 | 20.52 | 19.75 | 18.95 |
| Zoetis Inc. (ZTS)vs › | $30.88B | 12.49 | 18.64 | 28.35 | 33.55 |
| Centene Corp. (CNC)vs › | $30.66B | N/A | 8.90 | 15.70 | 23.23 |
| Waters Corporation (WAT)vs › | $30.21B | 100.48 | 40.95 | 34.30 | 31.80 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $29.85B | 19.36 | 18.50 | 20.58 | 20.24 |
| Alcon Inc. (ALC)vs › | $33.74B | 53.17 | 39.96 | 47.57 | 67.15 |
| Medline Inc. (MDLN)vs › | $29.23B | 40.34 | 35.33 | 35.33 | 35.33 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $34.78B | 43.94 | 617.73 | 617.73 | 617.73 |
At 33.4, P/E is at an extreme level, where the multiple carries little signal — higher than 7% of readings in its 8-year history.
8-year low
24.7
median
138.8
8-year high
321.6
Trailing P/E
33.4
Forward P/E
31.7
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$83.71
Forward EPS (Est.)
$2.67
Forward P/E
31.69
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 | 33.41 |
| 2026-09-04 | 34.74 |
| 2026-09-03 | 35.46 |
| 2026-09-02 | 35.45 |
| 2026-09-01 | 35.63 |
| 2026-08-31 | 35.99 |
| 2026-08-28 | 35.90 |
| 2026-08-27 | 35.29 |
| 2026-08-26 | 35.16 |
| 2026-08-25 | 35.24 |
| 2026-08-24 | 35.99 |
| 2026-08-21 | 36.50 |
| 2026-08-20 | 35.66 |
| 2026-08-19 | 35.53 |
| 2026-08-18 | 35.42 |
| 2026-08-17 | 35.08 |
| 2026-08-14 | 35.47 |
| 2026-08-13 | 36.16 |
| 2026-08-12 | 35.89 |
| 2026-08-11 | 35.39 |
| 2026-08-10 | 34.64 |
| 2026-08-07 | 33.50 |
| 2026-08-06 | 32.81 |
| 2026-08-05 | 32.67 |
| 2026-08-04 | 34.36 |
| 2026-08-03 | 34.51 |
| 2026-07-31 | 32.98 |
| 2026-07-30 | 29.46 |
| 2026-07-29 | 32.11 |
| 2026-07-28 | 31.99 |
| 2026-07-27 | 31.35 |
| 2026-07-24 | 30.57 |
| 2026-07-23 | 30.12 |
| 2026-07-22 | 30.53 |
| 2026-07-21 | 31.94 |
| 2026-07-20 | 32.35 |
| 2026-07-17 | 32.76 |
| 2026-07-16 | 33.32 |
| 2026-07-15 | 31.08 |
| 2026-07-14 | 31.68 |
| 2026-07-13 | 32.63 |
| 2026-07-10 | 32.03 |
| 2026-07-09 | 31.21 |
| 2026-07-08 | 31.65 |
| 2026-07-07 | 31.44 |
| 2026-07-06 | 30.93 |
| 2026-07-02 | 30.45 |
| 2026-07-01 | 29.43 |
| 2026-06-30 | 28.78 |
| 2026-06-29 | 29.91 |
| 2026-06-26 | 29.97 |
| 2026-06-25 | 29.34 |
| 2026-06-24 | 29.81 |
| 2026-06-23 | 29.45 |
| 2026-06-22 | 29.52 |
| 2026-06-18 | 30.97 |
| 2026-06-17 | 30.44 |
| 2026-06-16 | 31.26 |
| 2026-06-15 | 31.72 |
| 2026-06-12 | 32.21 |
| 2026-06-11 | 32.16 |
| 2026-06-10 | 31.95 |
| 2026-06-09 | 33.41 |
| 2026-06-08 | 32.74 |
| 2026-06-05 | 31.14 |
| 2026-06-04 | 31.02 |
| 2026-06-03 | 31.10 |
| 2026-06-02 | 31.39 |
| 2026-06-01 | 32.00 |
| 2026-05-29 | 31.51 |
| 2026-05-28 | 30.91 |
| 2026-05-27 | 30.03 |
| 2026-05-26 | 30.77 |
| 2026-05-22 | 30.81 |
| 2026-05-21 | 30.73 |
| 2026-05-20 | 30.53 |
| 2026-05-19 | 28.61 |
| 2026-05-18 | 27.82 |
| 2026-05-15 | 26.34 |
| 2026-05-14 | 24.71 |
| 2026-05-13 | 25.03 |
| 2026-05-12 | 26.13 |
| 2026-05-11 | 25.35 |
| 2026-05-08 | 25.90 |
| 2026-05-07 | 26.03 |
| 2026-05-06 | 25.79 |
| 2026-05-05 | 25.42 |
| 2026-05-04 | 25.66 |
| 2026-05-01 | 26.22 |
| 2026-04-30 | 25.45 |
| 2026-04-29 | 27.41 |
| 2026-04-28 | 28.25 |
| 2026-04-27 | 29.24 |
| 2026-04-24 | 29.32 |
| 2026-04-23 | 29.86 |
| 2026-04-22 | 30.20 |
| 2026-04-21 | 29.81 |
| 2026-04-20 | 30.77 |
| 2026-04-17 | 30.47 |
| 2026-04-16 | 29.16 |
| 2026-04-15 | 29.30 |
| 2026-04-14 | 29.98 |
| 2026-04-13 | 30.06 |
| 2026-04-10 | 30.49 |
| 2026-04-09 | 31.28 |
| 2026-04-08 | 31.33 |
| 2026-04-07 | 30.05 |
| 2026-04-06 | 30.10 |
| 2026-04-02 | 29.63 |
| 2026-04-01 | 29.70 |
| 2026-03-31 | 29.90 |
| 2026-03-30 | 29.48 |
| 2026-03-27 | 29.64 |
| 2026-03-26 | 31.47 |
| 2026-03-25 | 31.83 |
| 2026-03-24 | 31.71 |
| 2026-03-23 | 31.40 |
| 2026-03-20 | 31.88 |
| 2026-03-19 | 32.03 |
| 2026-03-18 | 32.22 |
| 2026-03-17 | 32.06 |
| 2026-03-16 | 31.59 |
| 2026-03-13 | 30.59 |
| 2026-03-12 | 31.08 |
| 2026-03-11 | 31.58 |
| 2026-03-10 | 32.28 |
| 2026-03-09 | 32.73 |
| 2026-03-06 | 32.43 |
| 2026-03-05 | 33.66 |
| 2026-03-04 | 34.71 |
| 2026-03-03 | 34.80 |
| 2026-03-02 | 35.13 |
| 2026-02-27 | 34.97 |
| 2026-02-26 | 35.42 |
| 2026-02-25 | 34.84 |
| 2026-02-24 | 34.80 |
| 2026-02-23 | 34.89 |
| 2026-02-20 | 34.80 |
| 2026-02-19 | 34.41 |
| 2026-02-18 | 34.67 |
| 2026-02-17 | 33.54 |
| 2026-02-13 | 33.34 |
| 2026-02-12 | 30.99 |
| 2026-02-11 | 37.86 |
| 2026-02-10 | 37.87 |
| 2026-02-09 | 38.98 |
| 2026-02-06 | 38.87 |
| 2026-02-05 | 38.83 |
| 2026-02-04 | 39.34 |
| 2026-02-03 | 39.79 |
| 2026-02-02 | 40.29 |
| 2026-01-30 | 40.58 |
| 2026-01-29 | 41.11 |
| 2026-01-28 | 40.76 |
| 2026-01-27 | 40.93 |
| 2026-01-26 | 40.74 |
| 2026-01-23 | 40.48 |
| 2026-01-22 | 41.07 |
| 2026-01-21 | 40.06 |
| 2026-01-20 | 39.29 |
| 2026-01-16 | 38.63 |
| 2026-01-15 | 38.47 |
| 2026-01-14 | 38.72 |
| 2026-01-13 | 39.03 |
| 2026-01-12 | 39.43 |
| 2026-01-09 | 37.44 |
| 2026-01-08 | 38.02 |
| 2026-01-07 | 38.94 |
| 2026-01-06 | 38.83 |
| 2026-01-05 | 37.58 |
| 2026-01-02 | 36.97 |
| 2025-12-31 | 36.87 |
| 2025-12-30 | 37.26 |
| 2025-12-29 | 37.48 |
| 2025-12-26 | 37.54 |
| 2025-12-24 | 37.46 |
| 2025-12-23 | 37.14 |
| 2025-12-22 | 37.46 |
| 2025-12-19 | 36.70 |
| 2025-12-18 | 36.62 |
| 2025-12-17 | 36.53 |
| 2025-12-16 | 36.87 |
| 2025-12-15 | 36.52 |
| 2025-12-12 | 37.20 |
| 2025-12-11 | 38.30 |
| 2025-12-10 | 37.53 |
| 2025-12-09 | 36.85 |
| 2025-12-08 | 36.46 |
| 2025-12-05 | 36.38 |
| 2025-12-04 | 36.25 |
| 2025-12-03 | 36.03 |
| 2025-12-02 | 35.81 |
| 2025-12-01 | 35.29 |
| 2025-11-28 | 35.26 |
| 2025-11-26 | 34.74 |
| 2025-11-25 | 34.27 |
| 2025-11-24 | 34.56 |
| 2025-11-21 | 33.46 |
| 2025-11-20 | 32.46 |
| 2025-11-19 | 33.18 |
| 2025-11-18 | 33.43 |
| 2025-11-17 | 32.49 |
| 2025-11-14 | 32.26 |
| 2025-11-13 | 33.18 |
| 2025-11-12 | 33.12 |
| 2025-11-11 | 32.29 |
| 2025-11-10 | 30.47 |
| 2025-11-07 | 30.56 |
| 2025-11-06 | 32.23 |
| 2025-11-05 | 32.93 |
| 2025-11-04 | 33.99 |
| 2025-11-03 | 33.57 |
| 2025-10-31 | 32.34 |
| 2025-10-30 | 37.89 |
| 2025-10-29 | 47.35 |
| 2025-10-28 | 48.08 |
| 2025-10-27 | 49.05 |
| 2025-10-24 | 48.84 |
| 2025-10-23 | 49.35 |
| 2025-10-22 | 49.10 |
| 2025-10-21 | 48.44 |
| 2025-10-20 | 47.52 |
| 2025-10-17 | 46.25 |
| 2025-10-16 | 46.06 |
| 2025-10-15 | 45.42 |
| 2025-10-14 | 45.98 |
| 2025-10-13 | 45.28 |
| 2025-10-10 | 45.22 |
| 2025-10-09 | 47.28 |
| 2025-10-08 | 47.07 |
| 2025-10-07 | 45.85 |
| 2025-10-06 | 46.08 |
| 2025-10-03 | 46.56 |
| 2025-10-02 | 46.14 |
| 2025-10-01 | 45.89 |
| 2025-09-30 | 46.73 |
| 2025-09-29 | 46.15 |
| 2025-09-26 | 46.60 |
| 2025-09-25 | 47.43 |
| 2025-09-24 | 46.88 |
| 2025-09-23 | 47.36 |
| 2025-09-22 | 48.27 |
| 2025-09-19 | 46.84 |
| 2025-09-18 | 52.63 |
| 2025-09-17 | 53.08 |
| 2025-09-16 | 53.16 |
| 2025-09-15 | 52.49 |
| 2025-09-12 | 52.93 |
| 2025-09-11 | 52.78 |
| 2025-09-10 | 52.78 |
| 2025-09-09 | 54.44 |
| 2025-09-08 | 54.17 |
| 2025-09-05 | 55.91 |
| 2025-09-04 | 56.08 |
| 2025-09-03 | 54.81 |
| 2025-09-02 | 51.60 |
| 2025-08-29 | 52.32 |
| 2025-08-28 | 52.14 |
| 2025-08-27 | 53.04 |
| 2025-08-26 | 52.86 |
Showing the most recent 260 of 1,721 data points. The chart above shows the full history.