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 29.03 is 57% below its 5-year average of 67.13, near the low end of its 5-year range (25.15–217.78).
As of Monday, August 10, 2026. 13.44% below its 12-month average of 33.54.
PE Ratio (29.03) = Close Price ($236.25) / Diluted TTM EPS ($8.14)
PE RATIO
29.03
PE RATIO AVG TTM
33.54
PE RATIO AVG 3Y
41.90
PE RATIO AVG 5Y
51.63
PE RATIO AVG 10Y
44.32
PE RATIO AVG 15Y
34.95
PE RATIO AVG 20Y
31.86
CURRENT VS TTM AVG
-13.44%
CURRENT VS 3Y AVG
-30.72%
CURRENT VS 5Y AVG
-43.77%
CURRENT VS 10Y AVG
-34.49%
CURRENT VS 15Y AVG
-16.94%
CURRENT VS 20Y AVG
-8.88%
SECTOR MEDIAN · HEALTHCARE
29.31
median of 65 covered companies
CURRENT VS SECTOR MEDIAN
-0.96%
vs the sector median at left
Market Cap
$22.42B
PE Ratio
19.31
TTM Avg
18.30
3Y Avg
15.16
5Y Avg
16.03
Market Cap
$25.07B
PE Ratio
45.28
TTM Avg
40.03
3Y Avg
42.98
5Y Avg
43.10
Market Cap
$26.18B
PE Ratio
25.30
TTM Avg
22.13
3Y Avg
20.80
5Y Avg
17.46
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| STERIS plc (STE) | $23.02B | 29.03 | 33.54 | 41.90 | 51.63 |
| BioNTech SE (BNTX)vs › | $23.50B | N/A | 55.73 | 22.62 | 82.47 |
| United Therapeutics Corporation (UTHR)vs › | $22.42B | 19.31 | 18.30 | 15.16 | 16.03 |
| Moderna, Inc. (MRNA)vs › | $23.70B | N/A | 15.46 | 32.51 | 32.51 |
| Incyte Corporation (INCY)vs › | $24.80B | 15.36 | 16.57 | 111.96 | 79.25 |
| West Pharmaceutical Services, Inc. (WST)vs › | $25.07B | 45.28 | 40.03 | 42.98 | 43.10 |
| Quest Diagnostics Incorporated (DGX)vs › | $26.18B | 25.30 | 22.13 | 20.80 | 17.46 |
| Labcorp Holdings Inc. (LH)vs › | $26.19B | 26.40 | 26.51 | 32.45 | 23.90 |
| Viatris Inc. (VTRS)vs › | $18.98B | N/A | 66.21 | 48.61 | 95.74 |
| Zimmer Biomet Holdings, Inc. (ZBH)vs › | $18.65B | 23.49 | 23.88 | 28.10 | 46.74 |
At 29.0, P/E is near its 20-year median — higher than 40% of readings in its 20-year history.
20-year low
10.6
median
32.3
20-year high
217.8
Trailing P/E
29.0
Forward P/E
23.3
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$236.25
Forward EPS (Est.)
$10.20
Forward P/E
23.29
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 | 29.03 |
| 2026-08-06 | 28.33 |
| 2026-08-05 | 28.45 |
| 2026-08-04 | 29.36 |
| 2026-08-03 | 29.34 |
| 2026-07-31 | 28.80 |
| 2026-07-30 | 29.16 |
| 2026-07-29 | 29.61 |
| 2026-07-28 | 29.05 |
| 2026-07-27 | 27.54 |
| 2026-07-24 | 26.99 |
| 2026-07-23 | 26.56 |
| 2026-07-22 | 26.55 |
| 2026-07-21 | 26.70 |
| 2026-07-20 | 27.05 |
| 2026-07-17 | 27.47 |
| 2026-07-16 | 27.89 |
| 2026-07-15 | 26.67 |
| 2026-07-14 | 26.32 |
| 2026-07-13 | 27.37 |
| 2026-07-10 | 27.24 |
| 2026-07-09 | 27.24 |
| 2026-07-08 | 26.42 |
| 2026-07-07 | 27.16 |
| 2026-07-06 | 26.90 |
| 2026-07-02 | 27.52 |
| 2026-07-01 | 26.77 |
| 2026-06-30 | 26.55 |
| 2026-06-29 | 26.89 |
| 2026-06-26 | 27.20 |
| 2026-06-25 | 26.56 |
| 2026-06-24 | 26.12 |
| 2026-06-23 | 25.63 |
| 2026-06-22 | 25.27 |
| 2026-06-18 | 25.55 |
| 2026-06-17 | 25.15 |
| 2026-06-16 | 26.04 |
| 2026-06-15 | 25.97 |
| 2026-06-12 | 26.17 |
| 2026-06-11 | 26.13 |
| 2026-06-10 | 26.24 |
| 2026-06-09 | 26.84 |
| 2026-06-08 | 26.49 |
| 2026-06-05 | 26.78 |
| 2026-06-04 | 26.76 |
| 2026-06-03 | 26.51 |
| 2026-06-02 | 26.45 |
| 2026-06-01 | 26.62 |
| 2026-05-29 | 26.83 |
| 2026-05-28 | 30.04 |
| 2026-05-27 | 29.69 |
| 2026-05-26 | 30.16 |
| 2026-05-22 | 30.21 |
| 2026-05-21 | 30.64 |
| 2026-05-20 | 30.12 |
| 2026-05-19 | 29.91 |
| 2026-05-18 | 29.69 |
| 2026-05-15 | 29.58 |
| 2026-05-14 | 30.12 |
| 2026-05-13 | 29.44 |
| 2026-05-12 | 29.41 |
| 2026-05-11 | 28.15 |
| 2026-05-08 | 28.93 |
| 2026-05-07 | 29.80 |
| 2026-05-06 | 29.92 |
| 2026-05-05 | 29.70 |
| 2026-05-04 | 29.60 |
| 2026-05-01 | 29.90 |
| 2026-04-30 | 30.25 |
| 2026-04-29 | 29.66 |
| 2026-04-28 | 30.65 |
| 2026-04-27 | 30.99 |
| 2026-04-24 | 30.93 |
| 2026-04-23 | 31.17 |
| 2026-04-22 | 31.18 |
| 2026-04-21 | 30.61 |
| 2026-04-20 | 31.58 |
| 2026-04-17 | 31.49 |
| 2026-04-16 | 30.68 |
| 2026-04-15 | 30.89 |
| 2026-04-14 | 31.36 |
| 2026-04-13 | 31.36 |
| 2026-04-10 | 31.04 |
| 2026-04-09 | 31.21 |
| 2026-04-08 | 31.38 |
| 2026-04-07 | 30.57 |
| 2026-04-06 | 30.68 |
| 2026-04-02 | 30.50 |
| 2026-04-01 | 30.68 |
| 2026-03-31 | 30.84 |
| 2026-03-30 | 30.60 |
| 2026-03-27 | 30.60 |
| 2026-03-26 | 31.16 |
| 2026-03-25 | 31.15 |
| 2026-03-24 | 30.92 |
| 2026-03-23 | 30.82 |
| 2026-03-20 | 30.69 |
| 2026-03-19 | 30.39 |
| 2026-03-18 | 30.16 |
| 2026-03-17 | 30.70 |
| 2026-03-16 | 30.55 |
| 2026-03-13 | 29.93 |
| 2026-03-12 | 29.62 |
| 2026-03-11 | 30.90 |
| 2026-03-10 | 30.97 |
| 2026-03-09 | 31.76 |
| 2026-03-06 | 32.15 |
| 2026-03-05 | 33.26 |
| 2026-03-04 | 33.90 |
| 2026-03-03 | 33.94 |
| 2026-03-02 | 34.56 |
| 2026-02-27 | 35.20 |
| 2026-02-26 | 35.52 |
| 2026-02-25 | 35.09 |
| 2026-02-24 | 34.41 |
| 2026-02-23 | 34.46 |
| 2026-02-20 | 34.96 |
| 2026-02-19 | 35.03 |
| 2026-02-18 | 34.78 |
| 2026-02-17 | 34.23 |
| 2026-02-13 | 34.64 |
| 2026-02-12 | 34.06 |
| 2026-02-11 | 33.96 |
| 2026-02-10 | 34.12 |
| 2026-02-09 | 34.23 |
| 2026-02-06 | 35.17 |
| 2026-02-05 | 35.03 |
| 2026-02-04 | 37.97 |
| 2026-02-03 | 37.60 |
| 2026-02-02 | 37.97 |
| 2026-01-30 | 37.73 |
| 2026-01-29 | 37.59 |
| 2026-01-28 | 37.48 |
| 2026-01-27 | 37.80 |
| 2026-01-26 | 37.81 |
| 2026-01-23 | 37.29 |
| 2026-01-22 | 37.49 |
| 2026-01-21 | 37.53 |
| 2026-01-20 | 37.07 |
| 2026-01-16 | 38.60 |
| 2026-01-15 | 38.54 |
| 2026-01-14 | 37.97 |
| 2026-01-13 | 37.34 |
| 2026-01-12 | 37.47 |
| 2026-01-09 | 36.90 |
| 2026-01-08 | 37.45 |
| 2026-01-07 | 37.24 |
| 2026-01-06 | 37.36 |
| 2026-01-05 | 36.89 |
| 2026-01-02 | 35.93 |
| 2025-12-31 | 36.43 |
| 2025-12-30 | 36.71 |
| 2025-12-29 | 36.81 |
| 2025-12-26 | 36.70 |
| 2025-12-24 | 36.74 |
| 2025-12-23 | 36.69 |
| 2025-12-22 | 36.66 |
| 2025-12-19 | 36.54 |
| 2025-12-18 | 36.14 |
| 2025-12-17 | 36.16 |
| 2025-12-16 | 36.35 |
| 2025-12-15 | 36.50 |
| 2025-12-12 | 36.18 |
| 2025-12-11 | 36.28 |
| 2025-12-10 | 37.19 |
| 2025-12-09 | 36.96 |
| 2025-12-08 | 37.56 |
| 2025-12-05 | 37.83 |
| 2025-12-04 | 37.50 |
| 2025-12-03 | 37.27 |
| 2025-12-02 | 37.26 |
| 2025-12-01 | 37.77 |
| 2025-11-28 | 38.26 |
| 2025-11-26 | 38.34 |
| 2025-11-25 | 38.48 |
| 2025-11-24 | 37.80 |
| 2025-11-21 | 37.83 |
| 2025-11-20 | 36.92 |
| 2025-11-19 | 36.60 |
| 2025-11-18 | 36.93 |
| 2025-11-17 | 36.93 |
| 2025-11-14 | 37.13 |
| 2025-11-13 | 37.42 |
| 2025-11-12 | 38.50 |
| 2025-11-11 | 38.32 |
| 2025-11-10 | 37.93 |
| 2025-11-07 | 37.90 |
| 2025-11-06 | 37.36 |
| 2025-11-05 | 37.24 |
| 2025-11-04 | 37.04 |
| 2025-11-03 | 36.34 |
| 2025-10-31 | 36.09 |
| 2025-10-30 | 36.17 |
| 2025-10-29 | 36.26 |
| 2025-10-28 | 36.94 |
| 2025-10-27 | 36.89 |
| 2025-10-24 | 36.87 |
| 2025-10-23 | 37.04 |
| 2025-10-22 | 37.12 |
| 2025-10-21 | 37.06 |
| 2025-10-20 | 37.09 |
| 2025-10-17 | 36.79 |
| 2025-10-16 | 36.80 |
| 2025-10-15 | 36.26 |
| 2025-10-14 | 36.42 |
| 2025-10-13 | 36.06 |
| 2025-10-10 | 36.11 |
| 2025-10-09 | 36.66 |
| 2025-10-08 | 37.11 |
| 2025-10-07 | 36.99 |
| 2025-10-06 | 36.85 |
| 2025-10-03 | 37.14 |
| 2025-10-02 | 37.12 |
| 2025-10-01 | 36.95 |
| 2025-09-30 | 37.89 |
| 2025-09-29 | 37.58 |
| 2025-09-26 | 38.14 |
| 2025-09-25 | 37.40 |
| 2025-09-24 | 37.67 |
| 2025-09-23 | 38.17 |
| 2025-09-22 | 38.24 |
| 2025-09-19 | 38.10 |
| 2025-09-18 | 38.36 |
| 2025-09-17 | 38.10 |
| 2025-09-16 | 37.98 |
| 2025-09-15 | 37.95 |
| 2025-09-12 | 38.27 |
| 2025-09-11 | 38.66 |
| 2025-09-10 | 37.34 |
| 2025-09-09 | 38.04 |
| 2025-09-08 | 38.03 |
| 2025-09-05 | 37.57 |
| 2025-09-04 | 37.27 |
| 2025-09-03 | 37.13 |
| 2025-09-02 | 37.06 |
| 2025-08-29 | 37.53 |
| 2025-08-28 | 37.48 |
| 2025-08-27 | 38.13 |
| 2025-08-26 | 38.07 |
| 2025-08-25 | 38.05 |
| 2025-08-22 | 38.57 |
| 2025-08-21 | 37.90 |
| 2025-08-20 | 38.22 |
| 2025-08-19 | 37.92 |
| 2025-08-18 | 37.45 |
| 2025-08-15 | 37.60 |
| 2025-08-14 | 37.69 |
| 2025-08-13 | 37.84 |
| 2025-08-12 | 37.33 |
| 2025-08-11 | 37.00 |
| 2025-08-08 | 37.19 |
| 2025-08-07 | 36.18 |
| 2025-08-06 | 35.68 |
| 2025-08-05 | 36.11 |
| 2025-08-04 | 36.84 |
| 2025-08-01 | 36.59 |
| 2025-07-31 | 36.53 |
| 2025-07-30 | 36.98 |
| 2025-07-29 | 36.83 |
| 2025-07-28 | 36.54 |
Showing the most recent 260 of 4,908 data points. The chart above shows the full history.