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The forward PE ratio is N/A as of Thursday, July 9, 2026.

Forward PE Ratio (N/A) = Close Price ($21.23) / Consensus Forward EPS ($-1.69)

SI Forward PE Ratio Metrics

FORWARD PE RATIO

N/A

SI Competitors' Forward PE Ratio

SI

Shoulder Innovations, Inc.

Current

Market Cap

$440.27M

Forward PE Ratio

N/A

NRC

National Research Corporation

vs SI

Market Cap

$489.27M

Forward PE Ratio

24.85

ME

23andMe Holding Co.

vs SI

Market Cap

$15.31M

Forward PE Ratio

N/A

TDOC

Teladoc Health, Inc.

vs SI

Market Cap

$1.66B

Forward PE Ratio

N/A

XRAY

DENTSPLY SIRONA Inc.

vs SI

Market Cap

$2.38B

Forward PE Ratio

8.31

TMDX

TransMedics Group, Inc.

vs SI

Market Cap

$2.49B

Forward PE Ratio

36.64

HIMS

Hims & Hers Health, Inc.

vs SI

Market Cap

$7.91B

Forward PE Ratio

N/A

BIO

Bio-Rad Laboratories, Inc.

vs SI

Market Cap

$8.04B

Forward PE Ratio

31.40

OSCR

Oscar Health, Inc.

vs SI

Market Cap

$8.09B

Forward PE Ratio

29.55

HSIC

Henry Schein, Inc.

vs SI

Market Cap

$9.55B

Forward PE Ratio

15.56

Trailing vs Forward

Trailing P/E

N/A

reported TTM EPS

Forward P/E

N/A

consensus next-FY EPS

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $21.23 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$-1.69$-1.72 – $-1.662n/m
2027-12-31$-1.36$-1.39 – $-1.332n/m
2028-12-31$-1.10$-1.45 – $-0.894n/m

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward 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

About Shoulder Innovations, Inc.

Shoulder Innovations, Inc. manufactures medical devices. It has developed a shoulder replacement system. The company was founded by Stephen B. Gunther and Michael DeVries in 2009 and is headquartered in Grand Rapids, MI.

Grand Rapids, MI
75 employees
Healthcare / Medical - Specialties
Sector
Healthcare
Industry
Medical - Specialties
CEO
Robert Joseph Ball