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TMDXTransMedics Group, Inc.

The forward PE ratio is 36.64 as of Thursday, July 9, 2026.

Forward PE Ratio (36.64) = Close Price ($72.19) / Consensus Forward EPS ($1.92)

TMDX Forward PE Ratio Metrics

FORWARD PE RATIO

36.64

TMDX Competitors' Forward PE Ratio

TMDX

TransMedics Group, Inc.

Current

Market Cap

$2.49B

Forward PE Ratio

36.64

XRAY

DENTSPLY SIRONA Inc.

vs TMDX

Market Cap

$2.38B

Forward PE Ratio

8.31

TDOC

Teladoc Health, Inc.

vs TMDX

Market Cap

$1.66B

Forward PE Ratio

N/A

NRC

National Research Corporation

vs TMDX

Market Cap

$489.27M

Forward PE Ratio

24.85

SI

Shoulder Innovations, Inc.

vs TMDX

Market Cap

$440.27M

Forward PE Ratio

N/A

ME

23andMe Holding Co.

vs TMDX

Market Cap

$15.31M

Forward PE Ratio

N/A

HIMS

Hims & Hers Health, Inc.

vs TMDX

Market Cap

$7.91B

Forward PE Ratio

N/A

BIO

Bio-Rad Laboratories, Inc.

vs TMDX

Market Cap

$8.04B

Forward PE Ratio

31.40

OSCR

Oscar Health, Inc.

vs TMDX

Market Cap

$8.09B

Forward PE Ratio

29.55

HSIC

Henry Schein, Inc.

vs TMDX

Market Cap

$9.55B

Forward PE Ratio

15.56

Trailing vs Forward

Trailing P/E

16.1

reported TTM EPS

Forward P/E

36.6

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.92 implies -56.1% EPS decline vs the reported trailing $4.37.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $72.19 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$1.92$1.54 – $2.15637.5x
2027-12-31$3.28$2.19 – $4.40722.0x
2028-12-31$4.54$3.12 – $5.90515.9x

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

Forward PE Ratio FAQ

What is the forward PE ratio for TransMedics Group, Inc. (TMDX)?
The forward PE ratio for TMDX stock is 36.64.

About TransMedics Group, Inc.

TransMedics Group, Inc. operates as a commercial-stage medical technology enterprise, committed to transforming the landscape of organ transplant therapy for patients worldwide grappling with end-stage organ failure. At the core of their offerings is the Organ Care System (OCS), an innovative, portable solution engineered to perfuse, optimize, and continuously monitor donor organs. This system leverages exclusive, tailored technology to meticulously recreate near-physiological conditions for these vital organs while they remain outside the human body. The OCS suite encompasses specialized modules: OCS LUNG, which facilitates the preservation of standard criteria donor lungs for double-lung transplants; OCS Heart, designed for the extracorporeal perfusion and maintenance of donor hearts; and OCS Liver, dedicated to the preservation of donor livers. Founded in 1998, TransMedics is headquartered in Andover, Massachusetts.

Andover, MA
898 employees
Healthcare / Medical - Devices
Sector
Healthcare
Industry
Medical - Devices
CEO
Waleed H. Hassanein