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 30.24 is 14% below its 5-year average of 35.12, near the low end of its 5-year range (23.95–53.68).
As of Friday, September 4, 2026. 5.18% below its 12-month average of 31.89.
PE Ratio (30.24) = Close Price ($1325.52) / Diluted TTM EPS ($43.83)
PE RATIO
30.24
PE RATIO AVG TTM
31.89
PE RATIO AVG 3Y
32.66
PE RATIO AVG 5Y
35.12
PE RATIO AVG 10Y
36.86
PE RATIO AVG 15Y
32.83
PE RATIO AVG 20Y
29.65
CURRENT VS TTM AVG
-5.18%
CURRENT VS 3Y AVG
-7.41%
CURRENT VS 5Y AVG
-13.91%
CURRENT VS 10Y AVG
-17.96%
CURRENT VS 15Y AVG
-7.89%
CURRENT VS 20Y AVG
+1.99%
SECTOR MEDIAN · HEALTHCARE
28.63
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+5.61%
vs the sector median at left
Mettler-Toledo International Inc.
Market Cap
$26.79B
PE Ratio
30.24
TTM Avg
31.89
3Y Avg
32.66
5Y Avg
35.12
Market Cap
$25.99B
PE Ratio
25.17
TTM Avg
22.44
3Y Avg
20.96
5Y Avg
17.73
Market Cap
$23.79B
PE Ratio
43.47
TTM Avg
40.63
3Y Avg
42.62
5Y Avg
42.78
Market Cap
$30.16B
PE Ratio
19.96
TTM Avg
18.47
3Y Avg
20.57
5Y Avg
20.25
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mettler-Toledo International Inc. (MTD) | $26.79B | 30.24 | 31.89 | 32.66 | 35.12 |
| Labcorp Holdings Inc. (LH)vs › | $26.64B | 27.04 | 26.30 | 32.56 | 24.19 |
| Quest Diagnostics Incorporated (DGX)vs › | $25.99B | 25.17 | 22.44 | 20.96 | 17.73 |
| Incyte Corporation (INCY)vs › | $25.22B | 16.15 | 16.33 | 111.33 | 78.71 |
| BioNTech SE (BNTX)vs › | $24.78B | N/A | 55.73 | 22.62 | 82.47 |
| Medline Inc. (MDLN)vs › | $29.33B | 42.55 | 35.30 | 35.30 | 35.30 |
| West Pharmaceutical Services, Inc. (WST)vs › | $23.79B | 43.47 | 40.63 | 42.62 | 42.78 |
| Waters Corporation (WAT)vs › | $30.13B | 102.09 | 40.60 | 34.17 | 31.75 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.16B | 19.96 | 18.47 | 20.57 | 20.25 |
| Zoetis Inc. (ZTS)vs › | $30.86B | 12.49 | 18.64 | 28.35 | 33.55 |
At 30.2, P/E is near its 20-year median — higher than 55% of readings in its 20-year history.
20-year low
7.8
median
28.4
20-year high
55.5
Trailing P/E
30.2
Forward P/E
28.4
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$1325.52
Forward EPS (Est.)
$47.33
Forward P/E
28.42
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 |
|---|---|
| 2026-09-04 | 30.24 |
| 2026-09-03 | 30.48 |
| 2026-09-02 | 30.74 |
| 2026-09-01 | 30.93 |
| 2026-08-31 | 31.58 |
| 2026-08-28 | 31.44 |
| 2026-08-27 | 31.63 |
| 2026-08-26 | 31.43 |
| 2026-08-25 | 31.52 |
| 2026-08-24 | 31.44 |
| 2026-08-21 | 31.36 |
| 2026-08-20 | 31.32 |
| 2026-08-19 | 32.03 |
| 2026-08-18 | 31.46 |
| 2026-08-17 | 31.86 |
| 2026-08-14 | 31.90 |
| 2026-08-13 | 32.16 |
| 2026-08-12 | 32.33 |
| 2026-08-11 | 32.30 |
| 2026-08-10 | 32.09 |
| 2026-08-07 | 32.13 |
| 2026-08-06 | 31.95 |
| 2026-08-05 | 31.95 |
| 2026-08-04 | 32.30 |
| 2026-08-03 | 32.48 |
| 2026-07-31 | 31.83 |
| 2026-07-30 | 32.33 |
| 2026-07-29 | 32.51 |
| 2026-07-28 | 32.51 |
| 2026-07-27 | 31.29 |
| 2026-07-24 | 31.07 |
| 2026-07-23 | 31.18 |
| 2026-07-22 | 30.11 |
| 2026-07-21 | 30.39 |
| 2026-07-20 | 29.82 |
| 2026-07-17 | 30.67 |
| 2026-07-16 | 31.26 |
| 2026-07-15 | 30.83 |
| 2026-07-14 | 30.79 |
| 2026-07-13 | 30.43 |
| 2026-07-10 | 30.35 |
| 2026-07-09 | 30.16 |
| 2026-07-08 | 29.24 |
| 2026-07-07 | 30.33 |
| 2026-07-06 | 30.33 |
| 2026-07-02 | 30.64 |
| 2026-07-01 | 30.45 |
| 2026-06-30 | 29.91 |
| 2026-06-29 | 29.47 |
| 2026-06-26 | 29.59 |
| 2026-06-25 | 29.11 |
| 2026-06-24 | 28.17 |
| 2026-06-23 | 27.08 |
| 2026-06-22 | 27.26 |
| 2026-06-18 | 26.80 |
| 2026-06-17 | 26.45 |
| 2026-06-16 | 26.96 |
| 2026-06-15 | 27.03 |
| 2026-06-12 | 26.49 |
| 2026-06-11 | 26.72 |
| 2026-06-10 | 26.53 |
| 2026-06-09 | 27.23 |
| 2026-06-08 | 26.67 |
| 2026-06-05 | 27.03 |
| 2026-06-04 | 27.64 |
| 2026-06-03 | 27.38 |
| 2026-06-02 | 27.39 |
| 2026-06-01 | 27.71 |
| 2026-05-29 | 27.64 |
| 2026-05-28 | 27.24 |
| 2026-05-27 | 25.61 |
| 2026-05-26 | 25.79 |
| 2026-05-22 | 25.83 |
| 2026-05-21 | 25.53 |
| 2026-05-20 | 25.35 |
| 2026-05-19 | 24.60 |
| 2026-05-18 | 25.17 |
| 2026-05-15 | 24.15 |
| 2026-05-14 | 24.39 |
| 2026-05-13 | 24.01 |
| 2026-05-12 | 25.11 |
| 2026-05-11 | 25.25 |
| 2026-05-08 | 26.33 |
| 2026-05-07 | 31.26 |
| 2026-05-06 | 31.47 |
| 2026-05-05 | 30.86 |
| 2026-05-04 | 29.87 |
| 2026-05-01 | 30.03 |
| 2026-04-30 | 30.25 |
| 2026-04-29 | 29.39 |
| 2026-04-28 | 29.92 |
| 2026-04-27 | 30.21 |
| 2026-04-24 | 30.39 |
| 2026-04-23 | 29.96 |
| 2026-04-22 | 31.04 |
| 2026-04-21 | 31.38 |
| 2026-04-20 | 31.39 |
| 2026-04-17 | 31.77 |
| 2026-04-16 | 30.59 |
| 2026-04-15 | 31.18 |
| 2026-04-14 | 31.79 |
| 2026-04-13 | 31.89 |
| 2026-04-10 | 31.40 |
| 2026-04-09 | 31.64 |
| 2026-04-08 | 31.35 |
| 2026-04-07 | 30.09 |
| 2026-04-06 | 30.01 |
| 2026-04-02 | 29.86 |
| 2026-04-01 | 30.19 |
| 2026-03-31 | 29.89 |
| 2026-03-30 | 29.57 |
| 2026-03-27 | 29.20 |
| 2026-03-26 | 30.09 |
| 2026-03-25 | 29.99 |
| 2026-03-24 | 29.96 |
| 2026-03-23 | 29.36 |
| 2026-03-20 | 28.54 |
| 2026-03-19 | 28.21 |
| 2026-03-18 | 28.24 |
| 2026-03-17 | 28.60 |
| 2026-03-16 | 28.41 |
| 2026-03-13 | 27.81 |
| 2026-03-12 | 27.68 |
| 2026-03-11 | 29.12 |
| 2026-03-10 | 29.19 |
| 2026-03-09 | 29.59 |
| 2026-03-06 | 28.66 |
| 2026-03-05 | 29.89 |
| 2026-03-04 | 30.49 |
| 2026-03-03 | 31.20 |
| 2026-03-02 | 31.40 |
| 2026-02-27 | 32.39 |
| 2026-02-26 | 32.64 |
| 2026-02-25 | 32.70 |
| 2026-02-24 | 32.69 |
| 2026-02-23 | 33.02 |
| 2026-02-20 | 32.64 |
| 2026-02-19 | 32.62 |
| 2026-02-18 | 32.60 |
| 2026-02-17 | 32.07 |
| 2026-02-13 | 32.25 |
| 2026-02-12 | 32.18 |
| 2026-02-11 | 33.00 |
| 2026-02-10 | 33.16 |
| 2026-02-09 | 32.72 |
| 2026-02-06 | 32.55 |
| 2026-02-05 | 34.45 |
| 2026-02-04 | 34.62 |
| 2026-02-03 | 34.13 |
| 2026-02-02 | 34.52 |
| 2026-01-30 | 34.21 |
| 2026-01-29 | 34.70 |
| 2026-01-28 | 34.92 |
| 2026-01-27 | 35.51 |
| 2026-01-26 | 35.52 |
| 2026-01-23 | 35.04 |
| 2026-01-22 | 35.83 |
| 2026-01-21 | 35.95 |
| 2026-01-20 | 34.97 |
| 2026-01-16 | 36.39 |
| 2026-01-15 | 37.28 |
| 2026-01-14 | 37.01 |
| 2026-01-13 | 36.99 |
| 2026-01-12 | 37.17 |
| 2026-01-09 | 37.00 |
| 2026-01-08 | 36.50 |
| 2026-01-07 | 36.64 |
| 2026-01-06 | 37.00 |
| 2026-01-05 | 36.04 |
| 2026-01-02 | 35.16 |
| 2025-12-31 | 34.73 |
| 2025-12-30 | 35.23 |
| 2025-12-29 | 35.36 |
| 2025-12-26 | 35.38 |
| 2025-12-24 | 35.31 |
| 2025-12-23 | 35.24 |
| 2025-12-22 | 35.19 |
| 2025-12-19 | 34.94 |
| 2025-12-18 | 34.61 |
| 2025-12-17 | 34.50 |
| 2025-12-16 | 34.54 |
| 2025-12-15 | 35.19 |
| 2025-12-12 | 34.72 |
| 2025-12-11 | 35.42 |
| 2025-12-10 | 35.02 |
| 2025-12-09 | 34.17 |
| 2025-12-08 | 34.41 |
| 2025-12-05 | 35.25 |
| 2025-12-04 | 35.45 |
| 2025-12-03 | 35.75 |
| 2025-12-02 | 36.05 |
| 2025-12-01 | 36.57 |
| 2025-11-28 | 36.79 |
| 2025-11-26 | 37.03 |
| 2025-11-25 | 37.52 |
| 2025-11-24 | 36.63 |
| 2025-11-21 | 36.18 |
| 2025-11-20 | 34.86 |
| 2025-11-19 | 34.99 |
| 2025-11-18 | 34.79 |
| 2025-11-17 | 34.60 |
| 2025-11-14 | 34.95 |
| 2025-11-13 | 35.18 |
| 2025-11-12 | 36.07 |
| 2025-11-11 | 36.00 |
| 2025-11-10 | 35.69 |
| 2025-11-07 | 35.86 |
| 2025-11-06 | 36.44 |
| 2025-11-05 | 36.44 |
| 2025-11-04 | 35.95 |
| 2025-11-03 | 35.61 |
| 2025-10-31 | 35.85 |
| 2025-10-30 | 34.85 |
| 2025-10-29 | 35.29 |
| 2025-10-28 | 35.55 |
| 2025-10-27 | 35.93 |
| 2025-10-24 | 36.30 |
| 2025-10-23 | 36.39 |
| 2025-10-22 | 34.96 |
| 2025-10-21 | 35.07 |
| 2025-10-20 | 34.35 |
| 2025-10-17 | 34.15 |
| 2025-10-16 | 34.41 |
| 2025-10-15 | 33.00 |
| 2025-10-14 | 32.98 |
| 2025-10-13 | 32.52 |
| 2025-10-10 | 32.24 |
| 2025-10-09 | 33.09 |
| 2025-10-08 | 33.63 |
| 2025-10-07 | 33.13 |
| 2025-10-06 | 34.05 |
| 2025-10-03 | 33.26 |
| 2025-10-02 | 32.92 |
| 2025-10-01 | 32.65 |
| 2025-09-30 | 31.07 |
| 2025-09-29 | 30.15 |
| 2025-09-26 | 30.48 |
| 2025-09-25 | 30.61 |
| 2025-09-24 | 31.44 |
| 2025-09-23 | 31.82 |
| 2025-09-22 | 31.84 |
| 2025-09-19 | 32.03 |
| 2025-09-18 | 32.58 |
| 2025-09-17 | 32.24 |
| 2025-09-16 | 32.30 |
| 2025-09-15 | 31.89 |
| 2025-09-12 | 31.88 |
| 2025-09-11 | 32.47 |
| 2025-09-10 | 31.71 |
| 2025-09-09 | 32.53 |
| 2025-09-08 | 33.27 |
| 2025-09-05 | 33.05 |
| 2025-09-04 | 32.59 |
| 2025-09-03 | 32.11 |
| 2025-09-02 | 32.30 |
| 2025-08-29 | 32.93 |
| 2025-08-28 | 32.48 |
| 2025-08-27 | 32.53 |
| 2025-08-26 | 32.52 |
| 2025-08-25 | 32.64 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
