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 21.34 is 32% below its 5-year average of 31.20, near the low end of its 5-year range (17.68–90.21).
As of 2026-09-25T00:15:59.198Z. 9.35% below its 12-month average of 23.54.
Calculation as of: 2026-09-25T00:15:59.198Z.
Quote observation: 2026-09-24T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d36a9ef3dd00a3b0176393925906ed0ad09061a29621a98fe511a29c7f47a262
PE Ratio (21.34) = Close Price ($221.89) / Diluted TTM EPS ($10.40)
PE RATIO
21.34
PE RATIO AVG TTM
23.54
PE RATIO AVG 3Y
27.59
PE RATIO AVG 5Y
31.20
PE RATIO AVG 10Y
37.82
PE RATIO AVG 15Y
32.29
PE RATIO AVG 20Y
32.01
CURRENT VS TTM AVG
-9.35%
CURRENT VS 3Y AVG
-22.66%
CURRENT VS 5Y AVG
-31.59%
CURRENT VS 10Y AVG
-43.58%
CURRENT VS 15Y AVG
-33.91%
CURRENT VS 20Y AVG
-33.34%
SECTOR MEDIAN · HEALTHCARE
27.16
median of 75 covered companies
CURRENT VS SECTOR MEDIAN
-21.43%
vs the sector median at left
Market Cap
$33.40B
PE Ratio
42.16
TTM Avg
609.61
3Y Avg
609.61
5Y Avg
609.61
Market Cap
$30.70B
PE Ratio
34.15
TTM Avg
31.85
3Y Avg
32.66
5Y Avg
35.36
Market Cap
$29.98B
PE Ratio
19.24
TTM Avg
18.50
3Y Avg
20.58
5Y Avg
20.24
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ResMed Inc. (RMD) | $32.19B | 21.34 | 23.54 | 27.59 | 31.20 |
| Alcon Inc. (ALC)vs › | $31.49B | 49.66 | 40.05 | 47.56 | 66.97 |
| DexCom, Inc. (DXCM)vs › | $33.01B | 34.57 | 35.39 | 61.33 | 106.76 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $33.40B | 42.16 | 609.61 | 609.61 | 609.61 |
| Biogen Inc. (BIIB)vs › | $33.45B | 40.06 | 20.74 | 19.79 | 18.97 |
| Mettler-Toledo International Inc. (MTD)vs › | $30.70B | 34.15 | 31.85 | 32.66 | 35.36 |
| Centene Corp. (CNC)vs › | $30.58B | N/A | 8.89 | 15.69 | 23.23 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $29.98B | 19.24 | 18.50 | 20.58 | 20.24 |
| Zoetis Inc. (ZTS)vs › | $29.48B | 11.58 | 18.50 | 28.26 | 33.50 |
| Medline Inc. (MDLN)vs › | $29.31B | 40.30 | 35.27 | 35.27 | 35.27 |
At 21.3, P/E is below its 20-year median — higher than 10% of readings in its 20-year history.
20-year low
16.6
median
28.4
20-year high
91.8
Trailing P/E
21.3
Forward P/E
18.4
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$221.89
Forward EPS (Est.)
$12.09
Forward P/E
18.35
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 | 20.99 |
| 2026-09-10 | 21.11 |
| 2026-09-09 | 21.15 |
| 2026-09-08 | 21.25 |
| 2026-09-04 | 21.96 |
| 2026-09-03 | 22.04 |
| 2026-09-02 | 22.20 |
| 2026-09-01 | 22.25 |
| 2026-08-31 | 23.09 |
| 2026-08-28 | 23.11 |
| 2026-08-27 | 22.67 |
| 2026-08-26 | 22.66 |
| 2026-08-25 | 22.75 |
| 2026-08-24 | 22.35 |
| 2026-08-21 | 22.26 |
| 2026-08-20 | 21.97 |
| 2026-08-19 | 22.18 |
| 2026-08-18 | 21.15 |
| 2026-08-17 | 21.19 |
| 2026-08-14 | 21.58 |
| 2026-08-13 | 21.93 |
| 2026-08-12 | 21.86 |
| 2026-08-11 | 21.74 |
| 2026-08-10 | 21.28 |
| 2026-08-07 | 20.50 |
| 2026-08-06 | 21.59 |
| 2026-08-05 | 21.67 |
| 2026-08-04 | 21.58 |
| 2026-08-03 | 20.81 |
| 2026-07-31 | 20.40 |
| 2026-07-30 | 20.17 |
| 2026-07-29 | 20.72 |
| 2026-07-28 | 20.21 |
| 2026-07-27 | 19.64 |
| 2026-07-24 | 18.88 |
| 2026-07-23 | 18.56 |
| 2026-07-22 | 18.66 |
| 2026-07-21 | 18.94 |
| 2026-07-20 | 19.21 |
| 2026-07-17 | 19.24 |
| 2026-07-16 | 19.61 |
| 2026-07-15 | 19.20 |
| 2026-07-14 | 18.67 |
| 2026-07-13 | 19.20 |
| 2026-07-10 | 19.72 |
| 2026-07-09 | 20.16 |
| 2026-07-08 | 19.91 |
| 2026-07-07 | 21.25 |
| 2026-07-06 | 21.12 |
| 2026-07-02 | 20.27 |
| 2026-07-01 | 19.45 |
| 2026-06-30 | 18.85 |
| 2026-06-29 | 19.19 |
| 2026-06-26 | 19.37 |
| 2026-06-25 | 19.21 |
| 2026-06-24 | 19.00 |
| 2026-06-23 | 18.50 |
| 2026-06-22 | 18.23 |
| 2026-06-18 | 18.24 |
| 2026-06-17 | 18.02 |
| 2026-06-16 | 18.76 |
| 2026-06-15 | 18.64 |
| 2026-06-12 | 18.84 |
| 2026-06-11 | 18.61 |
| 2026-06-10 | 18.72 |
| 2026-06-09 | 19.05 |
| 2026-06-08 | 18.68 |
| 2026-06-05 | 18.96 |
| 2026-06-04 | 18.79 |
| 2026-06-03 | 18.03 |
| 2026-06-02 | 17.68 |
| 2026-06-01 | 18.03 |
| 2026-05-29 | 18.43 |
| 2026-05-28 | 19.67 |
| 2026-05-27 | 19.93 |
| 2026-05-26 | 20.11 |
| 2026-05-22 | 20.12 |
| 2026-05-21 | 20.21 |
| 2026-05-20 | 20.30 |
| 2026-05-19 | 20.09 |
| 2026-05-18 | 19.74 |
| 2026-05-15 | 19.52 |
| 2026-05-14 | 19.58 |
| 2026-05-13 | 19.57 |
| 2026-05-12 | 19.71 |
| 2026-05-11 | 19.22 |
| 2026-05-08 | 20.00 |
| 2026-05-07 | 20.01 |
| 2026-05-06 | 20.27 |
| 2026-05-05 | 20.10 |
| 2026-05-04 | 20.25 |
| 2026-05-01 | 19.83 |
| 2026-04-30 | 21.15 |
| 2026-04-29 | 20.96 |
| 2026-04-28 | 21.48 |
| 2026-04-27 | 21.96 |
| 2026-04-24 | 21.75 |
| 2026-04-23 | 21.71 |
| 2026-04-22 | 21.96 |
| 2026-04-21 | 21.88 |
| 2026-04-20 | 22.37 |
| 2026-04-17 | 22.56 |
| 2026-04-16 | 22.23 |
| 2026-04-15 | 22.63 |
| 2026-04-14 | 22.82 |
| 2026-04-13 | 22.78 |
| 2026-04-10 | 22.64 |
| 2026-04-09 | 22.55 |
| 2026-04-08 | 22.82 |
| 2026-04-07 | 22.36 |
| 2026-04-06 | 22.25 |
| 2026-04-02 | 22.17 |
| 2026-04-01 | 22.04 |
| 2026-03-31 | 22.20 |
| 2026-03-30 | 21.76 |
| 2026-03-27 | 21.81 |
| 2026-03-26 | 22.01 |
| 2026-03-25 | 22.38 |
| 2026-03-24 | 22.57 |
| 2026-03-23 | 22.55 |
| 2026-03-20 | 22.35 |
| 2026-03-19 | 22.49 |
| 2026-03-18 | 22.54 |
| 2026-03-17 | 23.10 |
| 2026-03-16 | 22.81 |
| 2026-03-13 | 22.83 |
| 2026-03-12 | 22.99 |
| 2026-03-11 | 23.75 |
| 2026-03-10 | 24.44 |
| 2026-03-09 | 25.02 |
| 2026-03-06 | 25.01 |
| 2026-03-05 | 25.25 |
| 2026-03-04 | 25.62 |
| 2026-03-03 | 25.55 |
| 2026-03-02 | 25.46 |
| 2026-02-27 | 25.35 |
| 2026-02-26 | 25.43 |
| 2026-02-25 | 24.98 |
| 2026-02-24 | 24.89 |
| 2026-02-23 | 25.80 |
| 2026-02-20 | 25.63 |
| 2026-02-19 | 25.35 |
| 2026-02-18 | 25.61 |
| 2026-02-17 | 25.30 |
| 2026-02-13 | 24.98 |
| 2026-02-12 | 24.31 |
| 2026-02-11 | 25.68 |
| 2026-02-10 | 26.07 |
| 2026-02-09 | 27.30 |
| 2026-02-06 | 26.87 |
| 2026-02-05 | 26.41 |
| 2026-02-04 | 26.02 |
| 2026-02-03 | 24.87 |
| 2026-02-02 | 25.20 |
| 2026-01-30 | 25.55 |
| 2026-01-29 | 26.37 |
| 2026-01-28 | 26.38 |
| 2026-01-27 | 26.15 |
| 2026-01-26 | 26.15 |
| 2026-01-23 | 25.83 |
| 2026-01-22 | 26.14 |
| 2026-01-21 | 26.54 |
| 2026-01-20 | 25.92 |
| 2026-01-16 | 26.36 |
| 2026-01-15 | 26.68 |
| 2026-01-14 | 26.56 |
| 2026-01-13 | 26.07 |
| 2026-01-12 | 26.39 |
| 2026-01-09 | 25.84 |
| 2026-01-08 | 25.68 |
| 2026-01-07 | 25.41 |
| 2026-01-06 | 25.51 |
| 2026-01-05 | 25.11 |
| 2026-01-02 | 25.06 |
| 2025-12-31 | 24.65 |
| 2025-12-30 | 24.88 |
| 2025-12-29 | 24.86 |
| 2025-12-26 | 25.05 |
| 2025-12-24 | 25.02 |
| 2025-12-23 | 25.04 |
| 2025-12-22 | 25.25 |
| 2025-12-19 | 25.07 |
| 2025-12-18 | 24.83 |
| 2025-12-17 | 25.17 |
| 2025-12-16 | 25.32 |
| 2025-12-15 | 25.90 |
| 2025-12-12 | 25.82 |
| 2025-12-11 | 25.83 |
| 2025-12-10 | 25.74 |
| 2025-12-09 | 25.23 |
| 2025-12-08 | 25.59 |
| 2025-12-05 | 26.26 |
| 2025-12-04 | 25.74 |
| 2025-12-03 | 25.74 |
| 2025-12-02 | 25.68 |
| 2025-12-01 | 25.42 |
| 2025-11-28 | 26.19 |
| 2025-11-26 | 26.10 |
| 2025-11-25 | 26.18 |
| 2025-11-24 | 25.64 |
| 2025-11-21 | 25.67 |
| 2025-11-20 | 24.97 |
| 2025-11-19 | 25.08 |
| 2025-11-18 | 25.20 |
| 2025-11-17 | 25.05 |
| 2025-11-14 | 25.02 |
| 2025-11-13 | 25.80 |
| 2025-11-12 | 25.88 |
| 2025-11-11 | 25.84 |
| 2025-11-10 | 25.60 |
| 2025-11-07 | 25.74 |
| 2025-11-06 | 25.55 |
| 2025-11-05 | 25.10 |
| 2025-11-04 | 25.22 |
| 2025-11-03 | 25.48 |
| 2025-10-31 | 25.27 |
| 2025-10-30 | 26.53 |
| 2025-10-29 | 26.67 |
| 2025-10-28 | 26.98 |
| 2025-10-27 | 27.26 |
| 2025-10-24 | 27.29 |
| 2025-10-23 | 27.89 |
| 2025-10-22 | 28.02 |
| 2025-10-21 | 28.20 |
| 2025-10-20 | 28.54 |
| 2025-10-17 | 28.19 |
| 2025-10-16 | 28.39 |
| 2025-10-15 | 28.36 |
| 2025-10-14 | 28.40 |
| 2025-10-13 | 28.71 |
| 2025-10-10 | 28.60 |
| 2025-10-09 | 29.22 |
| 2025-10-08 | 29.69 |
| 2025-10-07 | 29.79 |
| 2025-10-06 | 29.59 |
| 2025-10-03 | 29.29 |
| 2025-10-02 | 29.09 |
| 2025-10-01 | 28.48 |
| 2025-09-30 | 28.78 |
| 2025-09-29 | 28.50 |
| 2025-09-26 | 28.42 |
| 2025-09-25 | 28.11 |
| 2025-09-24 | 28.83 |
| 2025-09-23 | 28.98 |
| 2025-09-22 | 28.85 |
| 2025-09-19 | 28.73 |
| 2025-09-18 | 28.74 |
| 2025-09-17 | 28.57 |
| 2025-09-16 | 28.66 |
| 2025-09-15 | 28.52 |
| 2025-09-12 | 28.41 |
| 2025-09-11 | 28.88 |
| 2025-09-10 | 28.44 |
| 2025-09-09 | 29.36 |
| 2025-09-08 | 29.39 |
| 2025-09-05 | 29.13 |
| 2025-09-04 | 28.79 |
| 2025-09-03 | 28.31 |
| 2025-09-02 | 28.50 |
| 2025-08-29 | 28.87 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.