Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. 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 32.49 is in line with its 5-year average of 31.15, near the low end of its 5-year range (11.85–202.20).
As of 2026-09-14T23:40:14.970Z. 2.11% above its 12-month average of 31.82.
Calculation as of: 2026-09-14T23:40:14.970Z.
Quote observation: 2026-09-14T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 54bacd10f0491fd3a297ad2bd382e527969baf22037c4b97538d42d095a16556
PE Ratio (32.49) = Close Price ($234.89) / Diluted TTM EPS ($7.23)
PE RATIO
32.49
PE RATIO AVG TTM
31.82
PE RATIO AVG 3Y
31.21
PE RATIO AVG 5Y
31.15
PE RATIO AVG 10Y
23.76
PE RATIO AVG 15Y
22.62
PE RATIO AVG 20Y
19.63
CURRENT VS TTM AVG
+2.11%
CURRENT VS 3Y AVG
+4.11%
CURRENT VS 5Y AVG
+4.30%
CURRENT VS 10Y AVG
+36.74%
CURRENT VS 15Y AVG
+43.66%
CURRENT VS 20Y AVG
+65.55%
SECTOR MEDIAN · HEALTHCARE
27.42
median of 75 covered companies
CURRENT VS SECTOR MEDIAN
+18.49%
vs the sector median at left
Market Cap
$50.40B
PE Ratio
55.09
TTM Avg
32.39
3Y Avg
34.21
5Y Avg
33.96
Market Cap
$49.24B
PE Ratio
49.15
TTM Avg
37.91
3Y Avg
28.49
5Y Avg
33.20
Market Cap
$45.09B
PE Ratio
64.53
TTM Avg
37.57
3Y Avg
37.57
5Y Avg
29.95
Market Cap
$66.96B
PE Ratio
18.31
TTM Avg
36.97
3Y Avg
60.33
5Y Avg
70.74
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cardinal Health, Inc. (CAH) | $55.01B | 32.49 | 31.82 | 31.21 | 31.15 |
| Moderna, Inc. (MRNA)vs › | $58.20B | N/A | 15.40 | 32.78 | 32.78 |
| Becton, Dickinson and Company (BDX)vs › | $50.40B | 55.09 | 32.39 | 34.21 | 33.96 |
| Edwards Lifesciences Corporation (EW)vs › | $49.24B | 49.15 | 37.91 | 28.49 | 33.20 |
| Humana Inc. (HUM)vs › | $48.93B | 38.58 | 26.94 | 22.99 | 22.09 |
| Cencora, Inc. (COR)vs › | $63.47B | 24.24 | 33.30 | 30.12 | 25.99 |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $45.09B | 64.53 | 37.57 | 37.57 | 29.95 |
| IQVIA Holdings Inc. (IQV)vs › | $43.73B | 32.96 | 26.73 | 28.41 | 34.83 |
| Boston Scientific Corporation (BSX)vs › | $66.96B | 18.31 | 36.97 | 60.33 | 70.74 |
| Agilent Technologies, Inc. (A)vs › | $41.46B | 28.90 | 29.09 | 29.89 | 31.56 |
At 32.5, P/E is above its 20-year median — higher than 83% of readings in its 20-year history.
20-year low
7.8
median
19.5
20-year high
488.5
Trailing P/E
32.5
Forward P/E
18.7
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$234.89
Forward EPS (Est.)
$12.54
Forward P/E
18.72
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 |
|---|---|
| 2026-09-11 | 32.44 |
| 2026-09-10 | 32.64 |
| 2026-09-09 | 33.20 |
| 2026-09-08 | 33.26 |
| 2026-09-04 | 34.19 |
| 2026-09-03 | 34.39 |
| 2026-09-02 | 33.95 |
| 2026-09-01 | 33.11 |
| 2026-08-31 | 32.45 |
| 2026-08-28 | 32.44 |
| 2026-08-27 | 32.52 |
| 2026-08-26 | 32.97 |
| 2026-08-25 | 32.91 |
| 2026-08-24 | 32.14 |
| 2026-08-21 | 31.74 |
| 2026-08-20 | 31.60 |
| 2026-08-19 | 32.48 |
| 2026-08-18 | 32.50 |
| 2026-08-17 | 32.59 |
| 2026-08-14 | 32.53 |
| 2026-08-13 | 31.98 |
| 2026-08-12 | 32.39 |
| 2026-08-11 | 36.74 |
| 2026-08-10 | 36.27 |
| 2026-08-07 | 36.15 |
| 2026-08-06 | 36.34 |
| 2026-08-05 | 36.58 |
| 2026-08-04 | 35.71 |
| 2026-08-03 | 36.02 |
| 2026-07-31 | 35.17 |
| 2026-07-30 | 34.72 |
| 2026-07-29 | 35.03 |
| 2026-07-28 | 35.55 |
| 2026-07-27 | 35.07 |
| 2026-07-24 | 34.87 |
| 2026-07-23 | 34.55 |
| 2026-07-22 | 33.72 |
| 2026-07-21 | 34.72 |
| 2026-07-20 | 34.52 |
| 2026-07-17 | 34.94 |
| 2026-07-16 | 34.97 |
| 2026-07-15 | 34.39 |
| 2026-07-14 | 35.19 |
| 2026-07-13 | 35.73 |
| 2026-07-10 | 36.06 |
| 2026-07-09 | 35.74 |
| 2026-07-08 | 36.26 |
| 2026-07-07 | 36.65 |
| 2026-07-06 | 36.32 |
| 2026-07-02 | 36.54 |
| 2026-07-01 | 36.35 |
| 2026-06-30 | 36.32 |
| 2026-06-29 | 36.12 |
| 2026-06-26 | 36.38 |
| 2026-06-25 | 35.89 |
| 2026-06-24 | 35.63 |
| 2026-06-23 | 35.00 |
| 2026-06-22 | 34.06 |
| 2026-06-18 | 33.91 |
| 2026-06-17 | 34.60 |
| 2026-06-16 | 34.82 |
| 2026-06-15 | 34.62 |
| 2026-06-12 | 34.23 |
| 2026-06-11 | 33.82 |
| 2026-06-10 | 33.07 |
| 2026-06-09 | 32.52 |
| 2026-06-08 | 31.27 |
| 2026-06-05 | 31.45 |
| 2026-06-04 | 30.85 |
| 2026-06-03 | 29.95 |
| 2026-06-02 | 29.80 |
| 2026-06-01 | 29.84 |
| 2026-05-29 | 30.09 |
| 2026-05-28 | 30.56 |
| 2026-05-27 | 30.56 |
| 2026-05-26 | 30.64 |
| 2026-05-22 | 30.69 |
| 2026-05-21 | 30.67 |
| 2026-05-20 | 30.46 |
| 2026-05-19 | 30.64 |
| 2026-05-18 | 30.55 |
| 2026-05-15 | 29.85 |
| 2026-05-14 | 29.72 |
| 2026-05-13 | 28.49 |
| 2026-05-12 | 27.91 |
| 2026-05-11 | 27.91 |
| 2026-05-08 | 28.08 |
| 2026-05-07 | 28.33 |
| 2026-05-06 | 29.28 |
| 2026-05-05 | 30.12 |
| 2026-05-04 | 30.13 |
| 2026-05-01 | 29.85 |
| 2026-04-30 | 27.75 |
| 2026-04-29 | 29.18 |
| 2026-04-28 | 29.58 |
| 2026-04-27 | 29.11 |
| 2026-04-24 | 28.76 |
| 2026-04-23 | 29.46 |
| 2026-04-22 | 28.86 |
| 2026-04-21 | 29.48 |
| 2026-04-20 | 30.39 |
| 2026-04-17 | 30.79 |
| 2026-04-16 | 30.66 |
| 2026-04-15 | 30.48 |
| 2026-04-14 | 30.93 |
| 2026-04-13 | 30.82 |
| 2026-04-10 | 31.01 |
| 2026-04-09 | 31.05 |
| 2026-04-08 | 30.95 |
| 2026-04-07 | 30.61 |
| 2026-04-06 | 30.59 |
| 2026-04-02 | 30.80 |
| 2026-04-01 | 30.51 |
| 2026-03-31 | 30.40 |
| 2026-03-30 | 29.68 |
| 2026-03-27 | 29.72 |
| 2026-03-26 | 29.88 |
| 2026-03-25 | 30.40 |
| 2026-03-24 | 29.82 |
| 2026-03-23 | 29.70 |
| 2026-03-20 | 29.90 |
| 2026-03-19 | 30.35 |
| 2026-03-18 | 30.48 |
| 2026-03-17 | 31.13 |
| 2026-03-16 | 31.31 |
| 2026-03-13 | 31.23 |
| 2026-03-12 | 31.52 |
| 2026-03-11 | 31.00 |
| 2026-03-10 | 31.23 |
| 2026-03-09 | 31.98 |
| 2026-03-06 | 31.34 |
| 2026-03-05 | 31.08 |
| 2026-03-04 | 32.11 |
| 2026-03-03 | 32.57 |
| 2026-03-02 | 33.08 |
| 2026-02-27 | 32.98 |
| 2026-02-26 | 32.68 |
| 2026-02-25 | 32.54 |
| 2026-02-24 | 32.51 |
| 2026-02-23 | 32.35 |
| 2026-02-20 | 32.29 |
| 2026-02-19 | 32.05 |
| 2026-02-18 | 32.37 |
| 2026-02-17 | 32.46 |
| 2026-02-13 | 31.77 |
| 2026-02-12 | 30.94 |
| 2026-02-11 | 32.27 |
| 2026-02-10 | 31.69 |
| 2026-02-09 | 32.48 |
| 2026-02-06 | 32.56 |
| 2026-02-05 | 34.27 |
| 2026-02-04 | 31.20 |
| 2026-02-03 | 32.88 |
| 2026-02-02 | 33.02 |
| 2026-01-30 | 32.41 |
| 2026-01-29 | 31.86 |
| 2026-01-28 | 31.73 |
| 2026-01-27 | 32.28 |
| 2026-01-26 | 31.81 |
| 2026-01-23 | 31.42 |
| 2026-01-22 | 31.21 |
| 2026-01-21 | 31.44 |
| 2026-01-20 | 31.73 |
| 2026-01-16 | 32.04 |
| 2026-01-15 | 32.20 |
| 2026-01-14 | 32.21 |
| 2026-01-13 | 31.41 |
| 2026-01-12 | 30.55 |
| 2026-01-09 | 30.33 |
| 2026-01-08 | 30.54 |
| 2026-01-07 | 31.25 |
| 2026-01-06 | 31.44 |
| 2026-01-05 | 30.99 |
| 2026-01-02 | 31.03 |
| 2025-12-31 | 31.00 |
| 2025-12-30 | 31.25 |
| 2025-12-29 | 31.28 |
| 2025-12-26 | 31.42 |
| 2025-12-24 | 31.30 |
| 2025-12-23 | 31.28 |
| 2025-12-22 | 30.95 |
| 2025-12-19 | 30.61 |
| 2025-12-18 | 30.03 |
| 2025-12-17 | 29.93 |
| 2025-12-16 | 29.85 |
| 2025-12-15 | 30.16 |
| 2025-12-12 | 29.89 |
| 2025-12-11 | 29.91 |
| 2025-12-10 | 29.90 |
| 2025-12-09 | 29.86 |
| 2025-12-08 | 30.00 |
| 2025-12-05 | 29.99 |
| 2025-12-04 | 30.04 |
| 2025-12-03 | 30.12 |
| 2025-12-02 | 30.94 |
| 2025-12-01 | 31.37 |
| 2025-11-28 | 32.02 |
| 2025-11-26 | 32.15 |
| 2025-11-25 | 32.24 |
| 2025-11-24 | 31.86 |
| 2025-11-21 | 31.60 |
| 2025-11-20 | 31.36 |
| 2025-11-19 | 31.30 |
| 2025-11-18 | 31.22 |
| 2025-11-17 | 31.10 |
| 2025-11-14 | 30.98 |
| 2025-11-13 | 31.08 |
| 2025-11-12 | 30.82 |
| 2025-11-11 | 30.89 |
| 2025-11-10 | 30.98 |
| 2025-11-07 | 30.72 |
| 2025-11-06 | 29.86 |
| 2025-11-05 | 29.68 |
| 2025-11-04 | 29.46 |
| 2025-11-03 | 28.69 |
| 2025-10-31 | 28.77 |
| 2025-10-30 | 29.43 |
| 2025-10-29 | 25.50 |
| 2025-10-28 | 25.24 |
| 2025-10-27 | 25.40 |
| 2025-10-24 | 25.10 |
| 2025-10-23 | 24.68 |
| 2025-10-22 | 24.73 |
| 2025-10-21 | 24.60 |
| 2025-10-20 | 24.38 |
| 2025-10-17 | 24.25 |
| 2025-10-16 | 23.76 |
| 2025-10-15 | 24.13 |
| 2025-10-14 | 23.91 |
| 2025-10-13 | 23.92 |
| 2025-10-10 | 24.32 |
| 2025-10-09 | 24.37 |
| 2025-10-08 | 24.46 |
| 2025-10-07 | 24.29 |
| 2025-10-06 | 24.06 |
| 2025-10-03 | 23.95 |
| 2025-10-02 | 24.57 |
| 2025-10-01 | 24.49 |
| 2025-09-30 | 24.33 |
| 2025-09-29 | 23.96 |
| 2025-09-26 | 23.83 |
| 2025-09-25 | 23.09 |
| 2025-09-24 | 23.97 |
| 2025-09-23 | 23.97 |
| 2025-09-22 | 22.86 |
| 2025-09-19 | 23.19 |
| 2025-09-18 | 23.26 |
| 2025-09-17 | 23.05 |
| 2025-09-16 | 23.00 |
| 2025-09-15 | 23.30 |
| 2025-09-12 | 23.60 |
| 2025-09-11 | 23.64 |
| 2025-09-10 | 23.15 |
| 2025-09-09 | 23.40 |
| 2025-09-08 | 23.30 |
| 2025-09-05 | 23.19 |
| 2025-09-04 | 23.15 |
| 2025-09-03 | 23.34 |
| 2025-09-02 | 23.19 |
| 2025-08-29 | 23.07 |
Showing the most recent 260 of 4,468 data points. The chart above shows the full history.