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 21.65 is 16% above its 5-year average of 18.72, around the middle of its 5-year range (10.13–29.56).
As of Sunday, July 26, 2026. 23.07% above its 12-month average of 17.59.
PE Ratio (21.65) = Close Price ($202.19) / Diluted TTM EPS ($9.34)
PE RATIO
21.65
PE RATIO AVG TTM
17.59
PE RATIO AVG 3Y
18.82
PE RATIO AVG 5Y
18.72
PE RATIO AVG 10Y
16.97
PE RATIO AVG 15Y
20.64
PE RATIO AVG 20Y
20.96
CURRENT VS TTM AVG
+23.07%
CURRENT VS 3Y AVG
+15.04%
CURRENT VS 5Y AVG
+15.67%
CURRENT VS 10Y AVG
+27.61%
CURRENT VS 15Y AVG
+4.87%
CURRENT VS 20Y AVG
+3.30%
SECTOR MEDIAN · HEALTHCARE
27.83
median of 65 covered companies
CURRENT VS SECTOR MEDIAN
-22.21%
vs the sector median at left
Market Cap
$27.56B
PE Ratio
18.53
TTM Avg
17.81
3Y Avg
20.55
5Y Avg
20.23
Market Cap
$26.82B
PE Ratio
31.07
TTM Avg
31.94
3Y Avg
32.64
5Y Avg
35.91
Market Cap
$25.15B
PE Ratio
24.19
TTM Avg
21.95
3Y Avg
20.74
5Y Avg
17.33
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Biogen Inc. (BIIB) | $29.85B | 21.65 | 17.59 | 18.82 | 18.72 |
| Centene Corp. (CNC)vs › | $31.31B | N/A | 8.90 | 15.70 | 23.23 |
| ResMed Inc. (RMD)vs › | $28.33B | 18.88 | 24.68 | 27.96 | 38.33 |
| Zoetis Inc. (ZTS)vs › | $31.59B | 12.50 | 20.27 | 29.45 | 34.49 |
| DexCom, Inc. (DXCM)vs › | $27.61B | 30.57 | 38.24 | 65.71 | 110.47 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $27.56B | 18.53 | 17.81 | 20.55 | 20.23 |
| Medline Inc. (MDLN)vs › | $32.77B | 32.02 | 31.73 | 31.73 | 31.73 |
| Mettler-Toledo International Inc. (MTD)vs › | $26.82B | 31.07 | 31.94 | 32.64 | 35.91 |
| Quest Diagnostics Incorporated (DGX)vs › | $25.15B | 24.19 | 21.95 | 20.74 | 17.33 |
| IQVIA Holdings Inc. (IQV)vs › | $34.72B | 25.78 | 26.22 | 28.73 | 36.21 |
At 21.6, P/E is in its normal range, sitting higher than 58% of its 20-year history.
20-year low
7.8
median
20.2
20-year high
488.0
Trailing P/E
21.6
Forward P/E
15.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$202.19
Forward EPS (Est.)
$12.97
Forward P/E
15.59
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 |
|---|---|
| 2026-07-24 | 21.65 |
| 2026-07-23 | 21.48 |
| 2026-07-22 | 21.17 |
| 2026-07-21 | 21.75 |
| 2026-07-20 | 21.41 |
| 2026-07-17 | 22.05 |
| 2026-07-16 | 22.37 |
| 2026-07-15 | 21.12 |
| 2026-07-14 | 20.55 |
| 2026-07-13 | 22.38 |
| 2026-07-10 | 21.32 |
| 2026-07-09 | 21.30 |
| 2026-07-08 | 21.45 |
| 2026-07-07 | 22.02 |
| 2026-07-06 | 22.32 |
| 2026-07-02 | 23.14 |
| 2026-07-01 | 22.46 |
| 2026-06-30 | 23.13 |
| 2026-06-29 | 23.19 |
| 2026-06-26 | 23.13 |
| 2026-06-25 | 21.62 |
| 2026-06-24 | 21.37 |
| 2026-06-23 | 21.11 |
| 2026-06-22 | 21.38 |
| 2026-06-18 | 21.05 |
| 2026-06-17 | 21.27 |
| 2026-06-16 | 20.94 |
| 2026-06-15 | 21.27 |
| 2026-06-12 | 21.42 |
| 2026-06-11 | 21.41 |
| 2026-06-10 | 20.80 |
| 2026-06-09 | 21.32 |
| 2026-06-08 | 20.62 |
| 2026-06-05 | 20.91 |
| 2026-06-04 | 21.03 |
| 2026-06-03 | 20.98 |
| 2026-06-02 | 20.22 |
| 2026-06-01 | 20.58 |
| 2026-05-29 | 20.99 |
| 2026-05-28 | 21.03 |
| 2026-05-27 | 21.09 |
| 2026-05-26 | 20.67 |
| 2026-05-22 | 20.75 |
| 2026-05-21 | 20.29 |
| 2026-05-20 | 20.11 |
| 2026-05-19 | 20.40 |
| 2026-05-18 | 20.55 |
| 2026-05-15 | 20.66 |
| 2026-05-14 | 20.49 |
| 2026-05-13 | 21.90 |
| 2026-05-12 | 21.34 |
| 2026-05-11 | 21.19 |
| 2026-05-08 | 20.71 |
| 2026-05-07 | 20.49 |
| 2026-05-06 | 20.42 |
| 2026-05-05 | 20.25 |
| 2026-05-04 | 20.04 |
| 2026-05-01 | 20.03 |
| 2026-04-30 | 20.27 |
| 2026-04-29 | 20.81 |
| 2026-04-28 | 20.77 |
| 2026-04-27 | 20.46 |
| 2026-04-24 | 20.88 |
| 2026-04-23 | 21.28 |
| 2026-04-22 | 21.53 |
| 2026-04-21 | 21.06 |
| 2026-04-20 | 20.76 |
| 2026-04-17 | 20.08 |
| 2026-04-16 | 19.93 |
| 2026-04-15 | 20.45 |
| 2026-04-14 | 20.27 |
| 2026-04-13 | 19.97 |
| 2026-04-10 | 19.59 |
| 2026-04-09 | 20.06 |
| 2026-04-08 | 20.37 |
| 2026-04-07 | 19.89 |
| 2026-04-06 | 19.52 |
| 2026-04-02 | 20.08 |
| 2026-04-01 | 20.81 |
| 2026-03-31 | 20.76 |
| 2026-03-30 | 21.24 |
| 2026-03-27 | 20.82 |
| 2026-03-26 | 21.64 |
| 2026-03-25 | 21.42 |
| 2026-03-24 | 20.83 |
| 2026-03-23 | 20.80 |
| 2026-03-20 | 20.55 |
| 2026-03-19 | 20.77 |
| 2026-03-18 | 20.65 |
| 2026-03-17 | 20.98 |
| 2026-03-16 | 20.75 |
| 2026-03-13 | 20.56 |
| 2026-03-12 | 20.94 |
| 2026-03-11 | 21.57 |
| 2026-03-10 | 21.34 |
| 2026-03-09 | 21.32 |
| 2026-03-06 | 20.94 |
| 2026-03-05 | 21.30 |
| 2026-03-04 | 21.51 |
| 2026-03-03 | 20.84 |
| 2026-03-02 | 21.30 |
| 2026-02-27 | 21.72 |
| 2026-02-26 | 21.29 |
| 2026-02-25 | 21.60 |
| 2026-02-24 | 22.10 |
| 2026-02-23 | 22.24 |
| 2026-02-20 | 21.75 |
| 2026-02-19 | 21.75 |
| 2026-02-18 | 21.99 |
| 2026-02-17 | 22.15 |
| 2026-02-13 | 22.26 |
| 2026-02-12 | 22.14 |
| 2026-02-11 | 21.65 |
| 2026-02-10 | 21.40 |
| 2026-02-09 | 21.95 |
| 2026-02-06 | 22.78 |
| 2026-02-05 | 16.87 |
| 2026-02-04 | 16.87 |
| 2026-02-03 | 16.08 |
| 2026-02-02 | 16.30 |
| 2026-01-30 | 16.37 |
| 2026-01-29 | 16.03 |
| 2026-01-28 | 15.91 |
| 2026-01-27 | 15.84 |
| 2026-01-26 | 15.75 |
| 2026-01-23 | 15.61 |
| 2026-01-22 | 15.81 |
| 2026-01-21 | 15.71 |
| 2026-01-20 | 15.05 |
| 2026-01-16 | 14.96 |
| 2026-01-15 | 15.34 |
| 2026-01-14 | 15.41 |
| 2026-01-13 | 16.22 |
| 2026-01-12 | 16.89 |
| 2026-01-09 | 17.07 |
| 2026-01-08 | 16.92 |
| 2026-01-07 | 17.01 |
| 2026-01-06 | 16.62 |
| 2026-01-05 | 15.89 |
| 2026-01-02 | 16.18 |
| 2025-12-31 | 16.01 |
| 2025-12-30 | 16.05 |
| 2025-12-29 | 16.09 |
| 2025-12-26 | 16.11 |
| 2025-12-24 | 16.04 |
| 2025-12-23 | 15.91 |
| 2025-12-22 | 15.90 |
| 2025-12-19 | 15.91 |
| 2025-12-18 | 15.46 |
| 2025-12-17 | 15.66 |
| 2025-12-16 | 15.61 |
| 2025-12-15 | 15.99 |
| 2025-12-12 | 15.84 |
| 2025-12-11 | 15.70 |
| 2025-12-10 | 16.16 |
| 2025-12-09 | 16.00 |
| 2025-12-08 | 16.42 |
| 2025-12-05 | 16.50 |
| 2025-12-04 | 16.56 |
| 2025-12-03 | 16.45 |
| 2025-12-02 | 16.39 |
| 2025-12-01 | 16.18 |
| 2025-11-28 | 16.57 |
| 2025-11-26 | 16.56 |
| 2025-11-25 | 16.56 |
| 2025-11-24 | 16.09 |
| 2025-11-21 | 15.95 |
| 2025-11-20 | 15.30 |
| 2025-11-19 | 15.28 |
| 2025-11-18 | 15.36 |
| 2025-11-17 | 14.98 |
| 2025-11-14 | 15.25 |
| 2025-11-13 | 14.99 |
| 2025-11-12 | 14.69 |
| 2025-11-11 | 14.52 |
| 2025-11-10 | 14.22 |
| 2025-11-07 | 14.15 |
| 2025-11-06 | 14.26 |
| 2025-11-05 | 13.96 |
| 2025-11-04 | 13.59 |
| 2025-11-03 | 13.78 |
| 2025-10-31 | 14.04 |
| 2025-10-30 | 13.61 |
| 2025-10-29 | 14.11 |
| 2025-10-28 | 14.23 |
| 2025-10-27 | 14.35 |
| 2025-10-24 | 14.30 |
| 2025-10-23 | 14.32 |
| 2025-10-22 | 14.10 |
| 2025-10-21 | 13.95 |
| 2025-10-20 | 13.99 |
| 2025-10-17 | 13.65 |
| 2025-10-16 | 13.57 |
| 2025-10-15 | 13.71 |
| 2025-10-14 | 13.87 |
| 2025-10-13 | 13.81 |
| 2025-10-10 | 13.99 |
| 2025-10-09 | 14.28 |
| 2025-10-08 | 14.41 |
| 2025-10-07 | 14.52 |
| 2025-10-06 | 14.70 |
| 2025-10-03 | 15.26 |
| 2025-10-02 | 14.81 |
| 2025-10-01 | 14.72 |
| 2025-09-30 | 13.37 |
| 2025-09-29 | 13.22 |
| 2025-09-26 | 13.11 |
| 2025-09-25 | 12.95 |
| 2025-09-24 | 13.14 |
| 2025-09-23 | 13.29 |
| 2025-09-22 | 13.42 |
| 2025-09-19 | 13.60 |
| 2025-09-18 | 13.72 |
| 2025-09-17 | 13.82 |
| 2025-09-16 | 13.71 |
| 2025-09-15 | 13.68 |
| 2025-09-12 | 13.82 |
| 2025-09-11 | 14.20 |
| 2025-09-10 | 13.61 |
| 2025-09-09 | 13.70 |
| 2025-09-08 | 13.49 |
| 2025-09-05 | 13.42 |
| 2025-09-04 | 13.35 |
| 2025-09-03 | 13.51 |
| 2025-09-02 | 13.32 |
| 2025-08-29 | 12.62 |
| 2025-08-28 | 12.66 |
| 2025-08-27 | 13.01 |
| 2025-08-26 | 13.05 |
| 2025-08-25 | 13.01 |
| 2025-08-22 | 13.29 |
| 2025-08-21 | 13.27 |
| 2025-08-20 | 13.26 |
| 2025-08-19 | 13.25 |
| 2025-08-18 | 12.97 |
| 2025-08-15 | 13.23 |
| 2025-08-14 | 12.88 |
| 2025-08-13 | 12.90 |
| 2025-08-12 | 12.30 |
| 2025-08-11 | 12.21 |
| 2025-08-08 | 12.47 |
| 2025-08-07 | 12.19 |
| 2025-08-06 | 12.34 |
| 2025-08-05 | 12.68 |
| 2025-08-04 | 12.61 |
| 2025-08-01 | 12.59 |
| 2025-07-31 | 12.21 |
| 2025-07-30 | 12.50 |
| 2025-07-29 | 12.63 |
| 2025-07-28 | 12.76 |
| 2025-07-25 | 12.98 |
| 2025-07-24 | 13.09 |
| 2025-07-23 | 12.93 |
| 2025-07-22 | 12.62 |
| 2025-07-21 | 12.11 |
| 2025-07-18 | 12.34 |
| 2025-07-17 | 12.70 |
| 2025-07-16 | 12.68 |
| 2025-07-15 | 12.59 |
| 2025-07-14 | 13.14 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.