PE Ratio: 22.57

Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. 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 22.57 is 15% below its 5-year average of 26.63, near the low end of its 5-year range (19.67–46.65).

As of 2026-09-10T20:00:02.000Z. 8.84% below its 12-month average of 24.76.

PE Ratio (22.57) = Close Price ($91.62) / Diluted TTM EPS ($4.06)

MDT PE Ratio Metrics

P/E vs. its own history

At 22.6, P/E is near its 20-year median — higher than 37% of readings in its 20-year history.

P/E Comparison

PE Ratio Formula & Definition

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

PE Ratio FAQ

What is the P/E ratio for Medtronic plc (MDT)?

The P/E ratio for MDT stock is 22.57.

Is Medtronic plc's P/E ratio high or low?

The P/E ratio of 22.57 is 15% below its 5-year average of 26.63, near the low end of its 5-year range (19.67–46.65).

What is the TTM average P/E ratio for Medtronic plc (MDT)?

The TTM average P/E ratio for MDT stock is 24.76.

What is the 3Y average P/E ratio for Medtronic plc (MDT)?

The 3Y average P/E ratio for MDT stock is 26.46.

What is the 5Y average P/E ratio for Medtronic plc (MDT)?

The 5Y average P/E ratio for MDT stock is 26.63.

What is the 10Y average P/E ratio for Medtronic plc (MDT)?

The 10Y average P/E ratio for MDT stock is 28.86.

What is the 15Y average P/E ratio for Medtronic plc (MDT)?

The 15Y average P/E ratio for MDT stock is 26.05.

What is the 20Y average P/E ratio for Medtronic plc (MDT)?

The 20Y average P/E ratio for MDT stock is 23.99.

Showing the most recent 260 of 5,030 data points. The chart above shows the full history.

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