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 36.45 is in line with its 5-year average of 34.92, around the middle of its 5-year range (21.56–51.93).
As of Tuesday, September 8, 2026. 9.94% below its 12-month average of 40.47.
PE Ratio (36.45) = Close Price ($203.74) / Diluted TTM EPS ($5.59)
PE RATIO
36.45
PE RATIO AVG TTM
40.47
PE RATIO AVG 3Y
39.59
PE RATIO AVG 5Y
34.92
PE RATIO AVG 10Y
32.52
PE RATIO AVG 15Y
26.04
PE RATIO AVG 20Y
22.72
CURRENT VS TTM AVG
-9.94%
CURRENT VS 3Y AVG
-7.94%
CURRENT VS 5Y AVG
+4.39%
CURRENT VS 10Y AVG
+12.10%
CURRENT VS 15Y AVG
+39.97%
CURRENT VS 20Y AVG
+60.44%
SECTOR MEDIAN · HEALTHCARE
27.76
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+31.30%
vs the sector median at left
Market Cap
$132.36B
PE Ratio
30.79
TTM Avg
29.68
3Y Avg
29.53
5Y Avg
27.69
Market Cap
$131.94B
PE Ratio
14.25
TTM Avg
16.95
3Y Avg
16.10
5Y Avg
19.10
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Danaher Corporation (DHR) | $143.23B | 36.45 | 40.47 | 39.59 | 34.92 |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $132.36B | 30.79 | 29.68 | 29.53 | 27.69 |
| Bristol-Myers Squibb Company (BMY)vs › | $131.94B | 14.25 | 16.95 | 16.10 | 19.10 |
| Pfizer Inc. (PFE)vs › | $158.42B | 36.72 | 18.77 | 24.15 | 18.42 |
| Intuitive Surgical, Inc. (ISRG)vs › | $124.38B | 39.84 | 59.57 | 71.91 | 69.93 |
| CVS Health Corp. (CVS)vs › | $120.58B | 25.42 | 86.83 | 38.68 | 31.88 |
| Medtronic plc (MDT)vs › | $118.72B | 22.76 | 24.76 | 26.43 | 27.42 |
| Gilead Sciences, Inc. (GILD)vs › | $180.65B | N/A | 20.49 | 157.52 | 102.01 |
| Stryker Corporation (SYK)vs › | $104.79B | 28.65 | 42.29 | 43.13 | 43.51 |
| McKesson Corporation (MCK)vs › | $104.65B | 23.79 | 25.05 | 25.05 | 26.19 |
At 36.5, P/E is above its 20-year median — higher than 81% of readings in its 20-year history.
20-year low
8.2
median
16.4
20-year high
51.9
Trailing P/E
36.5
Forward P/E
24.1
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$203.74
Forward EPS (Est.)
$8.50
Forward P/E
24.14
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 |
|---|---|
| 2026-09-08 | 36.45 |
| 2026-09-04 | 36.88 |
| 2026-09-03 | 37.48 |
| 2026-09-02 | 37.28 |
| 2026-09-01 | 36.75 |
| 2026-08-31 | 37.93 |
| 2026-08-28 | 38.38 |
| 2026-08-27 | 38.31 |
| 2026-08-26 | 38.25 |
| 2026-08-25 | 38.36 |
| 2026-08-24 | 38.21 |
| 2026-08-21 | 38.87 |
| 2026-08-20 | 38.35 |
| 2026-08-19 | 37.57 |
| 2026-08-18 | 35.45 |
| 2026-08-17 | 35.99 |
| 2026-08-14 | 35.96 |
| 2026-08-13 | 36.21 |
| 2026-08-12 | 36.55 |
| 2026-08-11 | 36.85 |
| 2026-08-10 | 37.19 |
| 2026-08-07 | 36.37 |
| 2026-08-06 | 35.52 |
| 2026-08-05 | 35.46 |
| 2026-08-04 | 34.60 |
| 2026-08-03 | 35.08 |
| 2026-07-31 | 34.63 |
| 2026-07-30 | 34.84 |
| 2026-07-29 | 34.90 |
| 2026-07-28 | 35.36 |
| 2026-07-27 | 34.90 |
| 2026-07-24 | 34.01 |
| 2026-07-23 | 34.19 |
| 2026-07-22 | 31.82 |
| 2026-07-21 | 31.80 |
| 2026-07-20 | 35.72 |
| 2026-07-17 | 39.43 |
| 2026-07-16 | 39.65 |
| 2026-07-15 | 38.84 |
| 2026-07-14 | 38.50 |
| 2026-07-13 | 38.72 |
| 2026-07-10 | 38.50 |
| 2026-07-09 | 37.91 |
| 2026-07-08 | 36.90 |
| 2026-07-07 | 37.56 |
| 2026-07-06 | 37.45 |
| 2026-07-02 | 38.28 |
| 2026-07-01 | 37.47 |
| 2026-06-30 | 36.84 |
| 2026-06-29 | 37.29 |
| 2026-06-26 | 37.95 |
| 2026-06-25 | 37.37 |
| 2026-06-24 | 36.53 |
| 2026-06-23 | 34.62 |
| 2026-06-22 | 34.47 |
| 2026-06-18 | 34.27 |
| 2026-06-17 | 34.38 |
| 2026-06-16 | 35.08 |
| 2026-06-15 | 35.03 |
| 2026-06-12 | 34.84 |
| 2026-06-11 | 34.97 |
| 2026-06-10 | 35.52 |
| 2026-06-09 | 36.44 |
| 2026-06-08 | 35.50 |
| 2026-06-05 | 35.65 |
| 2026-06-04 | 36.10 |
| 2026-06-03 | 34.44 |
| 2026-06-02 | 34.06 |
| 2026-06-01 | 34.79 |
| 2026-05-29 | 35.33 |
| 2026-05-28 | 34.94 |
| 2026-05-27 | 33.49 |
| 2026-05-26 | 33.43 |
| 2026-05-22 | 33.27 |
| 2026-05-21 | 33.53 |
| 2026-05-20 | 33.10 |
| 2026-05-19 | 32.31 |
| 2026-05-18 | 31.69 |
| 2026-05-15 | 31.32 |
| 2026-05-14 | 31.83 |
| 2026-05-13 | 32.11 |
| 2026-05-12 | 32.16 |
| 2026-05-11 | 32.21 |
| 2026-05-08 | 33.11 |
| 2026-05-07 | 33.98 |
| 2026-05-06 | 33.83 |
| 2026-05-05 | 33.78 |
| 2026-05-04 | 33.66 |
| 2026-05-01 | 33.88 |
| 2026-04-30 | 34.61 |
| 2026-04-29 | 34.58 |
| 2026-04-28 | 34.62 |
| 2026-04-27 | 34.94 |
| 2026-04-24 | 34.28 |
| 2026-04-23 | 34.54 |
| 2026-04-22 | 35.60 |
| 2026-04-21 | 37.63 |
| 2026-04-20 | 37.81 |
| 2026-04-17 | 38.64 |
| 2026-04-16 | 38.45 |
| 2026-04-15 | 39.31 |
| 2026-04-14 | 39.41 |
| 2026-04-13 | 38.86 |
| 2026-04-10 | 37.62 |
| 2026-04-09 | 38.29 |
| 2026-04-08 | 38.93 |
| 2026-04-07 | 37.90 |
| 2026-04-06 | 38.12 |
| 2026-04-02 | 37.92 |
| 2026-04-01 | 37.86 |
| 2026-03-31 | 37.62 |
| 2026-03-30 | 36.49 |
| 2026-03-27 | 36.02 |
| 2026-03-26 | 37.31 |
| 2026-03-25 | 37.13 |
| 2026-03-24 | 37.72 |
| 2026-03-23 | 37.70 |
| 2026-03-20 | 37.57 |
| 2026-03-19 | 37.72 |
| 2026-03-18 | 38.00 |
| 2026-03-17 | 38.73 |
| 2026-03-16 | 37.97 |
| 2026-03-13 | 37.17 |
| 2026-03-12 | 36.96 |
| 2026-03-11 | 38.70 |
| 2026-03-10 | 38.73 |
| 2026-03-09 | 39.44 |
| 2026-03-06 | 38.79 |
| 2026-03-05 | 40.08 |
| 2026-03-04 | 40.62 |
| 2026-03-03 | 40.48 |
| 2026-03-02 | 40.87 |
| 2026-02-27 | 41.79 |
| 2026-02-26 | 41.54 |
| 2026-02-25 | 41.57 |
| 2026-02-24 | 41.51 |
| 2026-02-23 | 43.49 |
| 2026-02-20 | 43.20 |
| 2026-02-19 | 43.56 |
| 2026-02-18 | 43.00 |
| 2026-02-17 | 42.55 |
| 2026-02-13 | 43.83 |
| 2026-02-12 | 44.32 |
| 2026-02-11 | 45.36 |
| 2026-02-10 | 45.31 |
| 2026-02-09 | 44.67 |
| 2026-02-06 | 44.66 |
| 2026-02-05 | 44.48 |
| 2026-02-04 | 45.26 |
| 2026-02-03 | 44.66 |
| 2026-02-02 | 46.07 |
| 2026-01-30 | 45.13 |
| 2026-01-29 | 45.28 |
| 2026-01-28 | 46.30 |
| 2026-01-27 | 48.61 |
| 2026-01-26 | 48.81 |
| 2026-01-23 | 48.46 |
| 2026-01-22 | 49.50 |
| 2026-01-21 | 49.91 |
| 2026-01-20 | 48.32 |
| 2026-01-16 | 48.66 |
| 2026-01-15 | 49.46 |
| 2026-01-14 | 49.06 |
| 2026-01-13 | 48.57 |
| 2026-01-12 | 49.28 |
| 2026-01-09 | 49.15 |
| 2026-01-08 | 48.45 |
| 2026-01-07 | 48.57 |
| 2026-01-06 | 48.78 |
| 2026-01-05 | 48.53 |
| 2026-01-02 | 47.51 |
| 2025-12-31 | 47.20 |
| 2025-12-30 | 47.56 |
| 2025-12-29 | 47.55 |
| 2025-12-26 | 47.49 |
| 2025-12-24 | 47.73 |
| 2025-12-23 | 47.59 |
| 2025-12-22 | 47.01 |
| 2025-12-19 | 46.36 |
| 2025-12-18 | 46.26 |
| 2025-12-17 | 45.90 |
| 2025-12-16 | 46.33 |
| 2025-12-15 | 47.12 |
| 2025-12-12 | 46.67 |
| 2025-12-11 | 47.91 |
| 2025-12-10 | 47.51 |
| 2025-12-09 | 46.03 |
| 2025-12-08 | 46.28 |
| 2025-12-05 | 46.65 |
| 2025-12-04 | 46.83 |
| 2025-12-03 | 47.11 |
| 2025-12-02 | 46.72 |
| 2025-12-01 | 46.21 |
| 2025-11-28 | 46.76 |
| 2025-11-26 | 47.11 |
| 2025-11-25 | 47.58 |
| 2025-11-24 | 46.80 |
| 2025-11-21 | 46.88 |
| 2025-11-20 | 45.81 |
| 2025-11-19 | 45.86 |
| 2025-11-18 | 46.50 |
| 2025-11-17 | 45.45 |
| 2025-11-14 | 45.61 |
| 2025-11-13 | 45.61 |
| 2025-11-12 | 45.24 |
| 2025-11-11 | 44.49 |
| 2025-11-10 | 43.54 |
| 2025-11-07 | 43.29 |
| 2025-11-06 | 43.44 |
| 2025-11-05 | 43.75 |
| 2025-11-04 | 44.09 |
| 2025-11-03 | 44.14 |
| 2025-10-31 | 44.41 |
| 2025-10-30 | 44.34 |
| 2025-10-29 | 44.13 |
| 2025-10-28 | 44.72 |
| 2025-10-27 | 45.57 |
| 2025-10-24 | 45.98 |
| 2025-10-23 | 45.92 |
| 2025-10-22 | 44.97 |
| 2025-10-21 | 45.52 |
| 2025-10-20 | 42.97 |
| 2025-10-17 | 44.48 |
| 2025-10-16 | 44.88 |
| 2025-10-15 | 43.85 |
| 2025-10-14 | 43.86 |
| 2025-10-13 | 43.65 |
| 2025-10-10 | 43.08 |
| 2025-10-09 | 43.51 |
| 2025-10-08 | 43.61 |
| 2025-10-07 | 44.42 |
| 2025-10-06 | 45.04 |
| 2025-10-03 | 45.74 |
| 2025-10-02 | 44.75 |
| 2025-10-01 | 45.29 |
| 2025-09-30 | 42.18 |
| 2025-09-29 | 39.59 |
| 2025-09-26 | 39.33 |
| 2025-09-25 | 38.61 |
| 2025-09-24 | 39.56 |
| 2025-09-23 | 40.37 |
| 2025-09-22 | 40.52 |
| 2025-09-19 | 41.13 |
| 2025-09-18 | 41.55 |
| 2025-09-17 | 41.05 |
| 2025-09-16 | 40.53 |
| 2025-09-15 | 40.11 |
| 2025-09-12 | 40.44 |
| 2025-09-11 | 41.52 |
| 2025-09-10 | 40.98 |
| 2025-09-09 | 41.35 |
| 2025-09-08 | 42.26 |
| 2025-09-05 | 42.60 |
| 2025-09-04 | 42.35 |
| 2025-09-03 | 42.43 |
| 2025-09-02 | 43.36 |
| 2025-08-29 | 43.79 |
| 2025-08-28 | 43.68 |
| 2025-08-27 | 43.62 |
| 2025-08-26 | 43.88 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.