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 20.92 is 45% below its 5-year average of 37.81, near the low end of its 5-year range (17.68–91.78).
As of Monday, August 10, 2026. 13.79% below its 12-month average of 24.26.
PE Ratio (20.92) = Close Price ($219.53) / Diluted TTM EPS ($10.49)
PE RATIO
20.92
PE RATIO AVG TTM
24.26
PE RATIO AVG 3Y
27.75
PE RATIO AVG 5Y
31.42
PE RATIO AVG 10Y
37.84
PE RATIO AVG 15Y
32.26
PE RATIO AVG 20Y
32.08
CURRENT VS TTM AVG
-13.79%
CURRENT VS 3Y AVG
-24.60%
CURRENT VS 5Y AVG
-33.42%
CURRENT VS 10Y AVG
-44.72%
CURRENT VS 15Y AVG
-35.15%
CURRENT VS 20Y AVG
-34.78%
SECTOR MEDIAN · HEALTHCARE
29.31
median of 65 covered companies
CURRENT VS SECTOR MEDIAN
-28.63%
vs the sector median at left
Market Cap
$33.05B
PE Ratio
20.80
TTM Avg
18.01
3Y Avg
20.54
5Y Avg
20.23
Market Cap
$29.23B
PE Ratio
37.03
TTM Avg
680.56
3Y Avg
680.56
5Y Avg
680.56
Market Cap
$29.06B
PE Ratio
32.13
TTM Avg
31.98
3Y Avg
32.63
5Y Avg
35.75
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ResMed Inc. (RMD) | $31.84B | 20.92 | 24.26 | 27.75 | 31.42 |
| Centene Corp. (CNC)vs › | $32.79B | N/A | 8.90 | 15.70 | 23.23 |
| Zoetis Inc. (ZTS)vs › | $30.83B | 11.97 | 19.72 | 29.06 | 34.17 |
| Biogen Inc. (BIIB)vs › | $30.69B | 36.80 | 18.42 | 19.07 | 18.77 |
| Waters Corporation (WAT)vs › | $30.67B | 101.46 | 35.58 | 32.43 | 30.92 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $33.05B | 20.80 | 18.01 | 20.54 | 20.23 |
| DexCom, Inc. (DXCM)vs › | $33.10B | 33.50 | 37.16 | 64.06 | 109.37 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $29.23B | 37.03 | 680.56 | 680.56 | 680.56 |
| Mettler-Toledo International Inc. (MTD)vs › | $29.06B | 32.13 | 31.98 | 32.63 | 35.75 |
| Medline Inc. (MDLN)vs › | $28.49B | 29.12 | 31.75 | 31.75 | 31.75 |
At 20.9, P/E is below its 20-year median — higher than 8% of readings in its 20-year history.
20-year low
16.6
median
28.5
20-year high
91.8
Trailing P/E
20.9
Forward P/E
19.1
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$219.53
Forward EPS (Est.)
$11.13
Forward P/E
19.05
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 |
|---|---|
| 2026-08-07 | 20.92 |
| 2026-08-06 | 22.04 |
| 2026-08-05 | 21.67 |
| 2026-08-04 | 21.58 |
| 2026-08-03 | 20.81 |
| 2026-07-31 | 20.40 |
| 2026-07-30 | 20.17 |
| 2026-07-29 | 20.72 |
| 2026-07-28 | 20.21 |
| 2026-07-27 | 19.64 |
| 2026-07-24 | 18.88 |
| 2026-07-23 | 18.56 |
| 2026-07-22 | 18.66 |
| 2026-07-21 | 18.94 |
| 2026-07-20 | 19.21 |
| 2026-07-17 | 19.24 |
| 2026-07-16 | 19.61 |
| 2026-07-15 | 19.20 |
| 2026-07-14 | 18.67 |
| 2026-07-13 | 19.20 |
| 2026-07-10 | 19.72 |
| 2026-07-09 | 20.16 |
| 2026-07-08 | 19.91 |
| 2026-07-07 | 21.25 |
| 2026-07-06 | 21.12 |
| 2026-07-02 | 20.27 |
| 2026-07-01 | 19.45 |
| 2026-06-30 | 18.85 |
| 2026-06-29 | 19.19 |
| 2026-06-26 | 19.37 |
| 2026-06-25 | 19.21 |
| 2026-06-24 | 19.00 |
| 2026-06-23 | 18.50 |
| 2026-06-22 | 18.23 |
| 2026-06-18 | 18.24 |
| 2026-06-17 | 18.02 |
| 2026-06-16 | 18.76 |
| 2026-06-15 | 18.64 |
| 2026-06-12 | 18.84 |
| 2026-06-11 | 18.61 |
| 2026-06-10 | 18.72 |
| 2026-06-09 | 19.05 |
| 2026-06-08 | 18.68 |
| 2026-06-05 | 18.96 |
| 2026-06-04 | 18.79 |
| 2026-06-03 | 18.03 |
| 2026-06-02 | 17.68 |
| 2026-06-01 | 18.03 |
| 2026-05-29 | 18.43 |
| 2026-05-28 | 19.67 |
| 2026-05-27 | 19.93 |
| 2026-05-26 | 20.11 |
| 2026-05-22 | 20.12 |
| 2026-05-21 | 20.21 |
| 2026-05-20 | 20.30 |
| 2026-05-19 | 20.09 |
| 2026-05-18 | 19.74 |
| 2026-05-15 | 19.52 |
| 2026-05-14 | 19.58 |
| 2026-05-13 | 19.57 |
| 2026-05-12 | 19.71 |
| 2026-05-11 | 19.22 |
| 2026-05-08 | 20.00 |
| 2026-05-07 | 20.01 |
| 2026-05-06 | 20.27 |
| 2026-05-05 | 20.10 |
| 2026-05-04 | 20.25 |
| 2026-05-01 | 19.83 |
| 2026-04-30 | 20.68 |
| 2026-04-29 | 20.96 |
| 2026-04-28 | 21.48 |
| 2026-04-27 | 21.96 |
| 2026-04-24 | 21.75 |
| 2026-04-23 | 21.71 |
| 2026-04-22 | 21.96 |
| 2026-04-21 | 21.88 |
| 2026-04-20 | 22.37 |
| 2026-04-17 | 22.56 |
| 2026-04-16 | 22.23 |
| 2026-04-15 | 22.63 |
| 2026-04-14 | 22.82 |
| 2026-04-13 | 22.78 |
| 2026-04-10 | 22.64 |
| 2026-04-09 | 22.55 |
| 2026-04-08 | 22.82 |
| 2026-04-07 | 22.36 |
| 2026-04-06 | 22.25 |
| 2026-04-02 | 22.17 |
| 2026-04-01 | 22.04 |
| 2026-03-31 | 22.20 |
| 2026-03-30 | 21.76 |
| 2026-03-27 | 21.81 |
| 2026-03-26 | 22.01 |
| 2026-03-25 | 22.38 |
| 2026-03-24 | 22.57 |
| 2026-03-23 | 22.55 |
| 2026-03-20 | 22.35 |
| 2026-03-19 | 22.49 |
| 2026-03-18 | 22.54 |
| 2026-03-17 | 23.10 |
| 2026-03-16 | 22.81 |
| 2026-03-13 | 22.83 |
| 2026-03-12 | 22.99 |
| 2026-03-11 | 23.75 |
| 2026-03-10 | 24.44 |
| 2026-03-09 | 25.02 |
| 2026-03-06 | 25.01 |
| 2026-03-05 | 25.25 |
| 2026-03-04 | 25.62 |
| 2026-03-03 | 25.55 |
| 2026-03-02 | 25.46 |
| 2026-02-27 | 25.35 |
| 2026-02-26 | 25.43 |
| 2026-02-25 | 24.98 |
| 2026-02-24 | 24.89 |
| 2026-02-23 | 25.80 |
| 2026-02-20 | 25.63 |
| 2026-02-19 | 25.35 |
| 2026-02-18 | 25.61 |
| 2026-02-17 | 25.30 |
| 2026-02-13 | 24.98 |
| 2026-02-12 | 24.31 |
| 2026-02-11 | 25.68 |
| 2026-02-10 | 26.07 |
| 2026-02-09 | 27.30 |
| 2026-02-06 | 26.87 |
| 2026-02-05 | 26.41 |
| 2026-02-04 | 26.02 |
| 2026-02-03 | 24.87 |
| 2026-02-02 | 25.20 |
| 2026-01-30 | 25.55 |
| 2026-01-29 | 25.48 |
| 2026-01-28 | 26.38 |
| 2026-01-27 | 26.15 |
| 2026-01-26 | 26.15 |
| 2026-01-23 | 25.83 |
| 2026-01-22 | 26.14 |
| 2026-01-21 | 26.54 |
| 2026-01-20 | 25.92 |
| 2026-01-16 | 26.36 |
| 2026-01-15 | 26.68 |
| 2026-01-14 | 26.56 |
| 2026-01-13 | 26.07 |
| 2026-01-12 | 26.39 |
| 2026-01-09 | 25.84 |
| 2026-01-08 | 25.68 |
| 2026-01-07 | 25.41 |
| 2026-01-06 | 25.51 |
| 2026-01-05 | 25.11 |
| 2026-01-02 | 25.06 |
| 2025-12-31 | 24.65 |
| 2025-12-30 | 24.88 |
| 2025-12-29 | 24.86 |
| 2025-12-26 | 25.05 |
| 2025-12-24 | 25.02 |
| 2025-12-23 | 25.04 |
| 2025-12-22 | 25.25 |
| 2025-12-19 | 25.07 |
| 2025-12-18 | 24.83 |
| 2025-12-17 | 25.17 |
| 2025-12-16 | 25.32 |
| 2025-12-15 | 25.90 |
| 2025-12-12 | 25.82 |
| 2025-12-11 | 25.83 |
| 2025-12-10 | 25.74 |
| 2025-12-09 | 25.23 |
| 2025-12-08 | 25.59 |
| 2025-12-05 | 26.26 |
| 2025-12-04 | 25.74 |
| 2025-12-03 | 25.74 |
| 2025-12-02 | 25.68 |
| 2025-12-01 | 25.42 |
| 2025-11-28 | 26.19 |
| 2025-11-26 | 26.10 |
| 2025-11-25 | 26.18 |
| 2025-11-24 | 25.64 |
| 2025-11-21 | 25.67 |
| 2025-11-20 | 24.97 |
| 2025-11-19 | 25.08 |
| 2025-11-18 | 25.20 |
| 2025-11-17 | 25.05 |
| 2025-11-14 | 25.02 |
| 2025-11-13 | 25.80 |
| 2025-11-12 | 25.88 |
| 2025-11-11 | 25.84 |
| 2025-11-10 | 25.60 |
| 2025-11-07 | 25.74 |
| 2025-11-06 | 25.55 |
| 2025-11-05 | 25.10 |
| 2025-11-04 | 25.22 |
| 2025-11-03 | 25.48 |
| 2025-10-31 | 25.27 |
| 2025-10-30 | 25.82 |
| 2025-10-29 | 26.67 |
| 2025-10-28 | 26.98 |
| 2025-10-27 | 27.26 |
| 2025-10-24 | 27.29 |
| 2025-10-23 | 27.89 |
| 2025-10-22 | 28.02 |
| 2025-10-21 | 28.20 |
| 2025-10-20 | 28.54 |
| 2025-10-17 | 28.19 |
| 2025-10-16 | 28.39 |
| 2025-10-15 | 28.36 |
| 2025-10-14 | 28.40 |
| 2025-10-13 | 28.71 |
| 2025-10-10 | 28.60 |
| 2025-10-09 | 29.22 |
| 2025-10-08 | 29.69 |
| 2025-10-07 | 29.79 |
| 2025-10-06 | 29.59 |
| 2025-10-03 | 29.29 |
| 2025-10-02 | 29.09 |
| 2025-10-01 | 28.48 |
| 2025-09-30 | 28.78 |
| 2025-09-29 | 28.50 |
| 2025-09-26 | 28.42 |
| 2025-09-25 | 28.11 |
| 2025-09-24 | 28.83 |
| 2025-09-23 | 28.98 |
| 2025-09-22 | 28.85 |
| 2025-09-19 | 28.73 |
| 2025-09-18 | 28.74 |
| 2025-09-17 | 28.57 |
| 2025-09-16 | 28.66 |
| 2025-09-15 | 28.52 |
| 2025-09-12 | 28.41 |
| 2025-09-11 | 28.88 |
| 2025-09-10 | 28.44 |
| 2025-09-09 | 29.36 |
| 2025-09-08 | 29.39 |
| 2025-09-05 | 29.13 |
| 2025-09-04 | 28.79 |
| 2025-09-03 | 28.31 |
| 2025-09-02 | 28.50 |
| 2025-08-29 | 28.87 |
| 2025-08-28 | 28.96 |
| 2025-08-27 | 29.65 |
| 2025-08-26 | 29.99 |
| 2025-08-25 | 30.05 |
| 2025-08-22 | 30.89 |
| 2025-08-21 | 30.32 |
| 2025-08-20 | 30.40 |
| 2025-08-19 | 30.08 |
| 2025-08-18 | 30.09 |
| 2025-08-15 | 29.96 |
| 2025-08-14 | 29.94 |
| 2025-08-13 | 30.31 |
| 2025-08-12 | 29.79 |
| 2025-08-11 | 29.90 |
| 2025-08-08 | 29.85 |
| 2025-08-07 | 29.46 |
| 2025-08-06 | 31.48 |
| 2025-08-05 | 31.99 |
| 2025-08-04 | 32.71 |
| 2025-08-01 | 31.34 |
| 2025-07-31 | 30.52 |
| 2025-07-30 | 31.14 |
| 2025-07-29 | 31.17 |
| 2025-07-28 | 30.70 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
