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 26.68 is 12% above its 5-year average of 23.77, around the middle of its 5-year range (7.97–48.65).
As of Tuesday, July 28, 2026. 0.34% above its 12-month average of 26.59.
PE Ratio (26.68) = Close Price ($314.23) / Diluted TTM EPS ($11.78)
PE RATIO
26.68
PE RATIO AVG TTM
26.59
PE RATIO AVG 3Y
32.40
PE RATIO AVG 5Y
23.77
PE RATIO AVG 10Y
21.02
PE RATIO AVG 15Y
16.86
PE RATIO AVG 20Y
16.39
CURRENT VS TTM AVG
+0.34%
CURRENT VS 3Y AVG
-17.65%
CURRENT VS 5Y AVG
+12.23%
CURRENT VS 10Y AVG
+26.95%
CURRENT VS 15Y AVG
+58.21%
CURRENT VS 20Y AVG
+62.78%
SECTOR MEDIAN · HEALTHCARE
27.69
median of 65 covered companies
CURRENT VS SECTOR MEDIAN
-3.65%
vs the sector median at left
Market Cap
$26.04B
PE Ratio
24.61
TTM Avg
21.98
3Y Avg
20.74
5Y Avg
17.35
Market Cap
$23.72B
PE Ratio
42.36
TTM Avg
39.78
3Y Avg
43.07
5Y Avg
43.25
Market Cap
$28.06B
PE Ratio
31.29
TTM Avg
31.95
3Y Avg
32.63
5Y Avg
35.89
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Labcorp Holdings Inc. (LH) | $25.77B | 26.68 | 26.59 | 32.40 | 23.77 |
| Incyte Corporation (INCY)vs › | $25.96B | 16.55 | 17.44 | 112.42 | 79.42 |
| Quest Diagnostics Incorporated (DGX)vs › | $26.04B | 24.61 | 21.98 | 20.74 | 17.35 |
| Waters Corporation (WAT)vs › | $25.02B | 48.78 | 34.07 | 31.93 | 30.70 |
| West Pharmaceutical Services, Inc. (WST)vs › | $23.72B | 42.36 | 39.78 | 43.07 | 43.25 |
| Mettler-Toledo International Inc. (MTD)vs › | $28.06B | 31.29 | 31.95 | 32.63 | 35.89 |
| BioNTech SE (BNTX)vs › | $23.38B | N/A | 55.73 | 22.62 | 82.47 |
| DexCom, Inc. (DXCM)vs › | $28.88B | 31.35 | 37.99 | 65.19 | 110.36 |
| STERIS plc (STE)vs › | $22.45B | 27.54 | 33.79 | 55.84 | 67.27 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $29.16B | 19.61 | 17.84 | 20.54 | 20.23 |
At 26.7, P/E is richer than usual, sitting higher than 88% of its 20-year history.
20-year low
7.5
median
15.7
20-year high
53.4
Trailing P/E
26.7
Forward P/E
16.7
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$314.23
Forward EPS (Est.)
$18.02
Forward P/E
16.71
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 |
|---|---|
| 2026-07-27 | 26.68 |
| 2026-07-24 | 26.29 |
| 2026-07-23 | 25.78 |
| 2026-07-22 | 24.93 |
| 2026-07-21 | 24.75 |
| 2026-07-20 | 24.93 |
| 2026-07-17 | 25.10 |
| 2026-07-16 | 24.97 |
| 2026-07-15 | 24.09 |
| 2026-07-14 | 24.42 |
| 2026-07-13 | 24.51 |
| 2026-07-10 | 24.52 |
| 2026-07-09 | 24.59 |
| 2026-07-08 | 24.60 |
| 2026-07-07 | 25.14 |
| 2026-07-06 | 25.19 |
| 2026-07-02 | 25.42 |
| 2026-07-01 | 25.14 |
| 2026-06-30 | 24.80 |
| 2026-06-29 | 24.76 |
| 2026-06-26 | 24.05 |
| 2026-06-25 | 23.59 |
| 2026-06-24 | 23.49 |
| 2026-06-23 | 22.90 |
| 2026-06-22 | 22.54 |
| 2026-06-18 | 22.66 |
| 2026-06-17 | 22.99 |
| 2026-06-16 | 23.45 |
| 2026-06-15 | 23.47 |
| 2026-06-12 | 23.57 |
| 2026-06-11 | 23.50 |
| 2026-06-10 | 23.79 |
| 2026-06-09 | 24.02 |
| 2026-06-08 | 23.21 |
| 2026-06-05 | 23.49 |
| 2026-06-04 | 23.12 |
| 2026-06-03 | 22.93 |
| 2026-06-02 | 22.83 |
| 2026-06-01 | 22.75 |
| 2026-05-29 | 23.03 |
| 2026-05-28 | 23.27 |
| 2026-05-27 | 22.87 |
| 2026-05-26 | 22.89 |
| 2026-05-22 | 23.02 |
| 2026-05-21 | 22.65 |
| 2026-05-20 | 22.80 |
| 2026-05-19 | 22.47 |
| 2026-05-18 | 22.64 |
| 2026-05-15 | 22.18 |
| 2026-05-14 | 22.50 |
| 2026-05-13 | 22.53 |
| 2026-05-12 | 22.79 |
| 2026-05-11 | 22.59 |
| 2026-05-08 | 22.51 |
| 2026-05-07 | 22.86 |
| 2026-05-06 | 22.76 |
| 2026-05-05 | 22.78 |
| 2026-05-04 | 22.41 |
| 2026-05-01 | 24.46 |
| 2026-04-30 | 24.55 |
| 2026-04-29 | 24.58 |
| 2026-04-28 | 24.82 |
| 2026-04-27 | 25.18 |
| 2026-04-24 | 25.22 |
| 2026-04-23 | 25.33 |
| 2026-04-22 | 26.06 |
| 2026-04-21 | 26.14 |
| 2026-04-20 | 25.74 |
| 2026-04-17 | 25.88 |
| 2026-04-16 | 25.46 |
| 2026-04-15 | 25.50 |
| 2026-04-14 | 25.70 |
| 2026-04-13 | 25.26 |
| 2026-04-10 | 24.95 |
| 2026-04-09 | 26.12 |
| 2026-04-08 | 26.26 |
| 2026-04-07 | 25.73 |
| 2026-04-06 | 26.24 |
| 2026-04-02 | 26.17 |
| 2026-04-01 | 26.07 |
| 2026-03-31 | 25.51 |
| 2026-03-30 | 25.20 |
| 2026-03-27 | 25.26 |
| 2026-03-26 | 25.66 |
| 2026-03-25 | 25.43 |
| 2026-03-24 | 25.44 |
| 2026-03-23 | 25.28 |
| 2026-03-20 | 25.14 |
| 2026-03-19 | 25.25 |
| 2026-03-18 | 25.41 |
| 2026-03-17 | 25.87 |
| 2026-03-16 | 25.51 |
| 2026-03-13 | 25.22 |
| 2026-03-12 | 25.13 |
| 2026-03-11 | 25.85 |
| 2026-03-10 | 25.69 |
| 2026-03-09 | 26.16 |
| 2026-03-06 | 25.78 |
| 2026-03-05 | 26.38 |
| 2026-03-04 | 26.85 |
| 2026-03-03 | 27.05 |
| 2026-03-02 | 27.39 |
| 2026-02-27 | 27.64 |
| 2026-02-26 | 27.50 |
| 2026-02-25 | 27.03 |
| 2026-02-24 | 27.45 |
| 2026-02-23 | 28.03 |
| 2026-02-20 | 27.77 |
| 2026-02-19 | 27.75 |
| 2026-02-18 | 27.38 |
| 2026-02-17 | 27.18 |
| 2026-02-13 | 27.76 |
| 2026-02-12 | 27.32 |
| 2026-02-11 | 28.48 |
| 2026-02-10 | 27.95 |
| 2026-02-09 | 26.92 |
| 2026-02-06 | 27.23 |
| 2026-02-05 | 27.33 |
| 2026-02-04 | 27.13 |
| 2026-02-03 | 26.74 |
| 2026-02-02 | 26.55 |
| 2026-01-30 | 26.67 |
| 2026-01-29 | 26.50 |
| 2026-01-28 | 26.33 |
| 2026-01-27 | 26.63 |
| 2026-01-26 | 26.27 |
| 2026-01-23 | 26.19 |
| 2026-01-22 | 26.52 |
| 2026-01-21 | 26.44 |
| 2026-01-20 | 26.65 |
| 2026-01-16 | 26.61 |
| 2026-01-15 | 26.41 |
| 2026-01-14 | 25.74 |
| 2026-01-13 | 24.95 |
| 2026-01-12 | 24.60 |
| 2026-01-09 | 24.74 |
| 2026-01-08 | 25.02 |
| 2026-01-07 | 24.92 |
| 2026-01-06 | 25.58 |
| 2026-01-05 | 24.87 |
| 2026-01-02 | 24.72 |
| 2025-12-31 | 24.64 |
| 2025-12-30 | 24.86 |
| 2025-12-29 | 24.85 |
| 2025-12-26 | 24.94 |
| 2025-12-24 | 25.00 |
| 2025-12-23 | 24.87 |
| 2025-12-22 | 25.06 |
| 2025-12-19 | 24.76 |
| 2025-12-18 | 24.76 |
| 2025-12-17 | 25.13 |
| 2025-12-16 | 25.35 |
| 2025-12-15 | 25.87 |
| 2025-12-12 | 25.95 |
| 2025-12-11 | 26.00 |
| 2025-12-10 | 25.74 |
| 2025-12-09 | 25.35 |
| 2025-12-08 | 25.53 |
| 2025-12-05 | 25.38 |
| 2025-12-04 | 25.69 |
| 2025-12-03 | 26.11 |
| 2025-12-02 | 26.12 |
| 2025-12-01 | 26.30 |
| 2025-11-28 | 26.40 |
| 2025-11-26 | 26.35 |
| 2025-11-25 | 26.51 |
| 2025-11-24 | 26.06 |
| 2025-11-21 | 26.09 |
| 2025-11-20 | 25.68 |
| 2025-11-19 | 25.59 |
| 2025-11-18 | 25.52 |
| 2025-11-17 | 25.67 |
| 2025-11-14 | 26.22 |
| 2025-11-13 | 26.31 |
| 2025-11-12 | 26.13 |
| 2025-11-11 | 26.35 |
| 2025-11-10 | 25.65 |
| 2025-11-07 | 24.83 |
| 2025-11-06 | 24.23 |
| 2025-11-05 | 24.63 |
| 2025-11-04 | 24.79 |
| 2025-11-03 | 25.33 |
| 2025-10-31 | 24.95 |
| 2025-10-30 | 27.82 |
| 2025-10-29 | 27.36 |
| 2025-10-28 | 28.63 |
| 2025-10-27 | 30.39 |
| 2025-10-24 | 30.81 |
| 2025-10-23 | 31.31 |
| 2025-10-22 | 31.18 |
| 2025-10-21 | 31.33 |
| 2025-10-20 | 32.08 |
| 2025-10-17 | 31.53 |
| 2025-10-16 | 31.28 |
| 2025-10-15 | 31.17 |
| 2025-10-14 | 30.85 |
| 2025-10-13 | 30.50 |
| 2025-10-10 | 30.64 |
| 2025-10-09 | 30.63 |
| 2025-10-08 | 30.60 |
| 2025-10-07 | 30.83 |
| 2025-10-06 | 30.33 |
| 2025-10-03 | 30.53 |
| 2025-10-02 | 30.81 |
| 2025-10-01 | 30.77 |
| 2025-09-30 | 31.65 |
| 2025-09-29 | 31.17 |
| 2025-09-26 | 30.94 |
| 2025-09-25 | 30.45 |
| 2025-09-24 | 30.80 |
| 2025-09-23 | 30.86 |
| 2025-09-22 | 30.75 |
| 2025-09-19 | 30.57 |
| 2025-09-18 | 30.56 |
| 2025-09-17 | 30.44 |
| 2025-09-16 | 30.22 |
| 2025-09-15 | 30.36 |
| 2025-09-12 | 30.64 |
| 2025-09-11 | 30.84 |
| 2025-09-10 | 30.09 |
| 2025-09-09 | 30.66 |
| 2025-09-08 | 30.56 |
| 2025-09-05 | 30.72 |
| 2025-09-04 | 30.35 |
| 2025-09-03 | 30.19 |
| 2025-09-02 | 30.19 |
| 2025-08-29 | 30.65 |
| 2025-08-28 | 30.35 |
| 2025-08-27 | 30.79 |
| 2025-08-26 | 30.70 |
| 2025-08-25 | 30.44 |
| 2025-08-22 | 30.67 |
| 2025-08-21 | 30.49 |
| 2025-08-20 | 30.66 |
| 2025-08-19 | 30.40 |
| 2025-08-18 | 29.82 |
| 2025-08-15 | 29.81 |
| 2025-08-14 | 29.91 |
| 2025-08-13 | 30.05 |
| 2025-08-12 | 29.69 |
| 2025-08-11 | 29.51 |
| 2025-08-08 | 29.31 |
| 2025-08-07 | 28.66 |
| 2025-08-06 | 28.76 |
| 2025-08-05 | 29.05 |
| 2025-08-04 | 29.09 |
| 2025-08-01 | 28.83 |
| 2025-07-31 | 30.00 |
| 2025-07-30 | 30.44 |
| 2025-07-29 | 30.19 |
| 2025-07-28 | 30.21 |
| 2025-07-25 | 30.56 |
| 2025-07-24 | 30.88 |
| 2025-07-23 | 28.89 |
| 2025-07-22 | 29.07 |
| 2025-07-21 | 28.03 |
| 2025-07-18 | 28.11 |
| 2025-07-17 | 28.52 |
| 2025-07-16 | 28.37 |
| 2025-07-15 | 28.33 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.