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 37.00 is 28% below its 5-year average of 51.16, near the low end of its 5-year range (26.11–147.70).
As of Thursday, August 27, 2026. 1.22% below its 12-month average of 37.46.
PE Ratio (37.00) = Close Price ($89.54) / Diluted TTM EPS ($2.42)
PE RATIO
37.00
PE RATIO AVG TTM
37.46
PE RATIO AVG 3Y
45.07
PE RATIO AVG 5Y
51.16
PE RATIO AVG 10Y
57.79
PE RATIO AVG 15Y
47.90
PE RATIO AVG 20Y
41.97
CURRENT VS TTM AVG
-1.22%
CURRENT VS 3Y AVG
-17.91%
CURRENT VS 5Y AVG
-27.68%
CURRENT VS 10Y AVG
-35.97%
CURRENT VS 15Y AVG
-22.76%
CURRENT VS 20Y AVG
-11.85%
SECTOR MEDIAN · HEALTHCARE
29.30
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+26.30%
vs the sector median at left
Merit Medical Systems, Inc.
Market Cap
$5.35B
PE Ratio
37.00
TTM Avg
37.46
3Y Avg
45.07
5Y Avg
51.16
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Merit Medical Systems, Inc. (MMSI) | $5.35B | 37.00 | 37.46 | 45.07 | 51.16 |
| Doximity, Inc. (DOCS)vs › | $4.79B | 30.11 | 32.67 | 43.81 | 75.14 |
| Chemed Corporation (CHE)vs › | $6.80B | 26.12 | 23.61 | 28.19 | 28.43 |
| Hims & Hers Health, Inc. (HIMS)vs › | $7.06B | N/A | 61.96 | 88.48 | 88.48 |
| TransMedics Group, Inc. (TMDX)vs › | $3.17B | 23.77 | 37.55 | 495.90 | 495.90 |
| Oscar Health, Inc. (OSCR)vs › | $7.79B | 22.31 | 21.71 | 53.38 | 53.38 |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $2.21B | N/A | 23.81 | 50.79 | 57.43 |
| Teladoc Health, Inc. (TDOC)vs › | $1.16B | N/A | N/A | N/A | N/A |
| Insulet Corp. (PODD)vs › | $9.93B | 26.80 | 66.90 | 71.03 | 3690.37 |
| The Ensign Group, Inc. (ENSG)vs › | $10.11B | 27.20 | 31.11 | 30.41 | 27.61 |
At 37.0, P/E is near its 20-year median — higher than 47% of readings in its 20-year history.
20-year low
13.4
median
40.4
20-year high
1065.2
Trailing P/E
37.0
Forward P/E
20.8
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$89.54
Forward EPS (Est.)
$4.30
Forward P/E
20.81
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 |
|---|---|
| 2026-08-27 | 37.00 |
| 2026-08-26 | 37.41 |
| 2026-08-25 | 37.64 |
| 2026-08-24 | 37.31 |
| 2026-08-21 | 37.51 |
| 2026-08-20 | 37.30 |
| 2026-08-19 | 38.01 |
| 2026-08-18 | 36.88 |
| 2026-08-17 | 37.08 |
| 2026-08-14 | 37.50 |
| 2026-08-13 | 37.40 |
| 2026-08-12 | 37.69 |
| 2026-08-11 | 37.65 |
| 2026-08-10 | 37.09 |
| 2026-08-07 | 36.79 |
| 2026-08-06 | 36.24 |
| 2026-08-05 | 36.02 |
| 2026-08-04 | 35.46 |
| 2026-08-03 | 35.34 |
| 2026-07-31 | 35.13 |
| 2026-07-30 | 34.44 |
| 2026-07-29 | 35.00 |
| 2026-07-28 | 33.89 |
| 2026-07-27 | 32.94 |
| 2026-07-24 | 32.17 |
| 2026-07-23 | 31.65 |
| 2026-07-22 | 31.65 |
| 2026-07-21 | 31.81 |
| 2026-07-20 | 32.54 |
| 2026-07-17 | 32.03 |
| 2026-07-16 | 32.71 |
| 2026-07-15 | 31.62 |
| 2026-07-14 | 30.74 |
| 2026-07-13 | 31.71 |
| 2026-07-10 | 31.79 |
| 2026-07-09 | 30.94 |
| 2026-07-08 | 30.76 |
| 2026-07-07 | 31.23 |
| 2026-07-06 | 30.93 |
| 2026-07-02 | 30.77 |
| 2026-07-01 | 30.06 |
| 2026-06-30 | 30.02 |
| 2026-06-29 | 30.34 |
| 2026-06-26 | 31.05 |
| 2026-06-25 | 30.66 |
| 2026-06-24 | 29.96 |
| 2026-06-23 | 29.12 |
| 2026-06-22 | 28.79 |
| 2026-06-18 | 29.10 |
| 2026-06-17 | 28.24 |
| 2026-06-16 | 29.30 |
| 2026-06-15 | 28.98 |
| 2026-06-12 | 28.80 |
| 2026-06-11 | 28.96 |
| 2026-06-10 | 29.00 |
| 2026-06-09 | 29.23 |
| 2026-06-08 | 28.58 |
| 2026-06-05 | 27.91 |
| 2026-06-04 | 27.29 |
| 2026-06-03 | 26.26 |
| 2026-06-02 | 26.36 |
| 2026-06-01 | 26.86 |
| 2026-05-29 | 27.30 |
| 2026-05-28 | 27.60 |
| 2026-05-27 | 27.06 |
| 2026-05-26 | 27.93 |
| 2026-05-22 | 27.78 |
| 2026-05-21 | 27.55 |
| 2026-05-20 | 27.92 |
| 2026-05-19 | 27.61 |
| 2026-05-18 | 27.55 |
| 2026-05-15 | 26.56 |
| 2026-05-14 | 27.08 |
| 2026-05-13 | 27.11 |
| 2026-05-12 | 26.47 |
| 2026-05-11 | 26.11 |
| 2026-05-08 | 26.52 |
| 2026-05-07 | 26.98 |
| 2026-05-06 | 26.68 |
| 2026-05-05 | 26.16 |
| 2026-05-04 | 26.84 |
| 2026-05-01 | 26.84 |
| 2026-04-30 | 29.52 |
| 2026-04-29 | 30.58 |
| 2026-04-28 | 31.48 |
| 2026-04-27 | 31.81 |
| 2026-04-24 | 32.35 |
| 2026-04-23 | 32.36 |
| 2026-04-22 | 32.89 |
| 2026-04-21 | 32.01 |
| 2026-04-20 | 32.92 |
| 2026-04-17 | 33.46 |
| 2026-04-16 | 33.07 |
| 2026-04-15 | 33.36 |
| 2026-04-14 | 33.27 |
| 2026-04-13 | 33.29 |
| 2026-04-10 | 32.20 |
| 2026-04-09 | 32.38 |
| 2026-04-08 | 32.66 |
| 2026-04-07 | 31.79 |
| 2026-04-06 | 31.99 |
| 2026-04-02 | 31.93 |
| 2026-04-01 | 32.18 |
| 2026-03-31 | 32.51 |
| 2026-03-30 | 32.38 |
| 2026-03-27 | 32.42 |
| 2026-03-26 | 32.69 |
| 2026-03-25 | 32.13 |
| 2026-03-24 | 31.86 |
| 2026-03-23 | 32.14 |
| 2026-03-20 | 31.47 |
| 2026-03-19 | 32.23 |
| 2026-03-18 | 32.20 |
| 2026-03-17 | 33.13 |
| 2026-03-16 | 32.63 |
| 2026-03-13 | 33.00 |
| 2026-03-12 | 32.16 |
| 2026-03-11 | 33.06 |
| 2026-03-10 | 32.88 |
| 2026-03-09 | 33.91 |
| 2026-03-06 | 34.27 |
| 2026-03-05 | 34.67 |
| 2026-03-04 | 34.98 |
| 2026-03-03 | 35.31 |
| 2026-03-02 | 36.08 |
| 2026-02-27 | 36.41 |
| 2026-02-26 | 36.80 |
| 2026-02-25 | 37.37 |
| 2026-02-24 | 38.88 |
| 2026-02-23 | 41.85 |
| 2026-02-20 | 42.16 |
| 2026-02-19 | 41.97 |
| 2026-02-18 | 42.55 |
| 2026-02-17 | 41.84 |
| 2026-02-13 | 41.88 |
| 2026-02-12 | 40.44 |
| 2026-02-11 | 41.69 |
| 2026-02-10 | 42.16 |
| 2026-02-09 | 41.45 |
| 2026-02-06 | 42.31 |
| 2026-02-05 | 40.84 |
| 2026-02-04 | 40.70 |
| 2026-02-03 | 41.28 |
| 2026-02-02 | 41.85 |
| 2026-01-30 | 41.58 |
| 2026-01-29 | 41.15 |
| 2026-01-28 | 41.28 |
| 2026-01-27 | 42.26 |
| 2026-01-26 | 42.33 |
| 2026-01-23 | 41.88 |
| 2026-01-22 | 42.76 |
| 2026-01-21 | 42.79 |
| 2026-01-20 | 41.90 |
| 2026-01-16 | 42.21 |
| 2026-01-15 | 41.21 |
| 2026-01-14 | 41.92 |
| 2026-01-13 | 41.58 |
| 2026-01-12 | 42.69 |
| 2026-01-09 | 44.30 |
| 2026-01-08 | 47.78 |
| 2026-01-07 | 47.00 |
| 2026-01-06 | 47.71 |
| 2026-01-05 | 45.86 |
| 2026-01-02 | 44.33 |
| 2025-12-31 | 45.20 |
| 2025-12-30 | 45.42 |
| 2025-12-29 | 45.24 |
| 2025-12-26 | 44.82 |
| 2025-12-24 | 44.82 |
| 2025-12-23 | 44.94 |
| 2025-12-22 | 45.09 |
| 2025-12-19 | 44.97 |
| 2025-12-18 | 44.86 |
| 2025-12-17 | 44.73 |
| 2025-12-16 | 44.54 |
| 2025-12-15 | 44.31 |
| 2025-12-12 | 44.46 |
| 2025-12-11 | 44.37 |
| 2025-12-10 | 43.81 |
| 2025-12-09 | 42.76 |
| 2025-12-08 | 42.62 |
| 2025-12-05 | 42.78 |
| 2025-12-04 | 43.12 |
| 2025-12-03 | 43.23 |
| 2025-12-02 | 43.28 |
| 2025-12-01 | 44.30 |
| 2025-11-28 | 44.41 |
| 2025-11-26 | 44.83 |
| 2025-11-25 | 44.92 |
| 2025-11-24 | 44.70 |
| 2025-11-21 | 44.72 |
| 2025-11-20 | 43.53 |
| 2025-11-19 | 42.92 |
| 2025-11-18 | 43.16 |
| 2025-11-17 | 43.99 |
| 2025-11-14 | 43.64 |
| 2025-11-13 | 44.82 |
| 2025-11-12 | 45.19 |
| 2025-11-11 | 45.84 |
| 2025-11-10 | 45.30 |
| 2025-11-07 | 44.90 |
| 2025-11-06 | 44.36 |
| 2025-11-05 | 44.67 |
| 2025-11-04 | 45.37 |
| 2025-11-03 | 44.79 |
| 2025-10-31 | 44.89 |
| 2025-10-30 | 42.58 |
| 2025-10-29 | 41.31 |
| 2025-10-28 | 42.03 |
| 2025-10-27 | 42.01 |
| 2025-10-24 | 42.00 |
| 2025-10-23 | 42.30 |
| 2025-10-22 | 42.90 |
| 2025-10-21 | 42.72 |
| 2025-10-20 | 42.24 |
| 2025-10-17 | 41.55 |
| 2025-10-16 | 41.02 |
| 2025-10-15 | 40.85 |
| 2025-10-14 | 40.89 |
| 2025-10-13 | 40.32 |
| 2025-10-10 | 40.10 |
| 2025-10-09 | 41.87 |
| 2025-10-08 | 42.51 |
| 2025-10-07 | 41.98 |
| 2025-10-06 | 42.29 |
| 2025-10-03 | 42.75 |
| 2025-10-02 | 41.86 |
| 2025-10-01 | 41.66 |
| 2025-09-30 | 42.25 |
| 2025-09-29 | 41.05 |
| 2025-09-26 | 40.71 |
| 2025-09-25 | 40.64 |
| 2025-09-24 | 42.17 |
| 2025-09-23 | 42.50 |
| 2025-09-22 | 42.43 |
| 2025-09-19 | 42.42 |
| 2025-09-18 | 42.69 |
| 2025-09-17 | 41.98 |
| 2025-09-16 | 41.97 |
| 2025-09-15 | 42.10 |
| 2025-09-12 | 43.42 |
| 2025-09-11 | 45.79 |
| 2025-09-10 | 45.07 |
| 2025-09-09 | 46.53 |
| 2025-09-08 | 46.87 |
| 2025-09-05 | 47.19 |
| 2025-09-04 | 46.78 |
| 2025-09-03 | 45.73 |
| 2025-09-02 | 46.03 |
| 2025-08-29 | 45.96 |
| 2025-08-28 | 45.71 |
| 2025-08-27 | 46.09 |
| 2025-08-26 | 45.21 |
| 2025-08-25 | 44.75 |
| 2025-08-22 | 45.41 |
| 2025-08-21 | 43.97 |
| 2025-08-20 | 44.35 |
| 2025-08-19 | 44.24 |
| 2025-08-18 | 43.74 |
| 2025-08-15 | 43.41 |
Showing the most recent 260 of 4,781 data points. The chart above shows the full history.