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 30.57 is in line with its 5-year average of 31.25, around the middle of its 5-year range (22.90–39.88).
As of Sunday, July 26, 2026. 3.19% above its 12-month average of 29.63.
PE Ratio (30.57) = Close Price ($568.26) / Diluted TTM EPS ($18.59)
PE RATIO
30.57
PE RATIO AVG TTM
29.63
PE RATIO AVG 3Y
32.29
PE RATIO AVG 5Y
31.25
PE RATIO AVG 10Y
33.00
PE RATIO AVG 15Y
30.97
PE RATIO AVG 20Y
29.33
CURRENT VS TTM AVG
+3.19%
CURRENT VS 3Y AVG
-5.33%
CURRENT VS 5Y AVG
-2.18%
CURRENT VS 10Y AVG
-7.37%
CURRENT VS 15Y AVG
-1.29%
CURRENT VS 20Y AVG
+4.21%
SECTOR MEDIAN · HEALTHCARE
27.83
median of 65 covered companies
CURRENT VS SECTOR MEDIAN
+9.85%
vs the sector median at left
Thermo Fisher Scientific Inc.
Market Cap
$211.18B
PE Ratio
30.57
TTM Avg
29.63
3Y Avg
32.29
5Y Avg
31.25
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Thermo Fisher Scientific Inc. (TMO) | $211.18B | 30.57 | 29.63 | 32.29 | 31.25 |
| Novo Nordisk A/S (NVO)vs › | $216.72B | 11.41 | 13.28 | 29.06 | 31.66 |
| Amgen Inc. (AMGN)vs › | $202.95B | 26.17 | 24.86 | 29.97 | 26.48 |
| Abbott Laboratories (ABT)vs › | $179.58B | 33.14 | 20.67 | 27.74 | 28.01 |
| Gilead Sciences, Inc. (GILD)vs › | $160.55B | 17.62 | 20.68 | 157.14 | 103.81 |
| Pfizer Inc. (PFE)vs › | $139.86B | 18.73 | 16.47 | 22.90 | 18.12 |
| CVS Health Corp. (CVS)vs › | $137.47B | 47.46 | 85.40 | 38.61 | 31.52 |
| Danaher Corporation (DHR)vs › | $134.62B | 34.01 | 41.31 | 39.12 | 34.92 |
| AstraZeneca PLC (AZN)vs › | $131.16B | 12.75 | 14.81 | 17.17 | 32.56 |
| Bristol-Myers Squibb Company (BMY)vs › | $126.79B | 17.44 | 17.44 | 16.21 | 19.26 |
At 30.6, P/E is in its normal range, sitting higher than 53% of its 20-year history.
20-year low
11.3
median
30.2
20-year high
57.8
Trailing P/E
30.6
Forward P/E
22.7
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$568.26
Forward EPS (Est.)
$25.05
Forward P/E
22.68
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 | 30.57 |
| 2026-07-23 | 30.79 |
| 2026-07-22 | 28.94 |
| 2026-07-21 | 28.78 |
| 2026-07-20 | 28.93 |
| 2026-07-17 | 29.27 |
| 2026-07-16 | 29.86 |
| 2026-07-15 | 29.43 |
| 2026-07-14 | 29.36 |
| 2026-07-13 | 29.05 |
| 2026-07-10 | 28.97 |
| 2026-07-09 | 28.85 |
| 2026-07-08 | 28.04 |
| 2026-07-07 | 28.40 |
| 2026-07-06 | 28.46 |
| 2026-07-02 | 28.78 |
| 2026-07-01 | 28.22 |
| 2026-06-30 | 27.56 |
| 2026-06-29 | 27.84 |
| 2026-06-26 | 28.20 |
| 2026-06-25 | 27.80 |
| 2026-06-24 | 27.06 |
| 2026-06-23 | 25.80 |
| 2026-06-22 | 25.51 |
| 2026-06-18 | 25.54 |
| 2026-06-17 | 25.38 |
| 2026-06-16 | 25.98 |
| 2026-06-15 | 26.04 |
| 2026-06-12 | 25.80 |
| 2026-06-11 | 26.15 |
| 2026-06-10 | 26.50 |
| 2026-06-09 | 27.16 |
| 2026-06-08 | 25.82 |
| 2026-06-05 | 25.99 |
| 2026-06-04 | 26.50 |
| 2026-06-03 | 26.06 |
| 2026-06-02 | 26.50 |
| 2026-06-01 | 27.16 |
| 2026-05-29 | 27.08 |
| 2026-05-28 | 26.79 |
| 2026-05-27 | 25.08 |
| 2026-05-26 | 24.64 |
| 2026-05-22 | 24.64 |
| 2026-05-21 | 24.70 |
| 2026-05-20 | 24.84 |
| 2026-05-19 | 24.62 |
| 2026-05-18 | 24.30 |
| 2026-05-15 | 24.10 |
| 2026-05-14 | 24.64 |
| 2026-05-13 | 24.52 |
| 2026-05-12 | 25.25 |
| 2026-05-11 | 24.88 |
| 2026-05-08 | 25.56 |
| 2026-05-07 | 26.08 |
| 2026-05-06 | 26.00 |
| 2026-05-05 | 25.66 |
| 2026-05-04 | 25.43 |
| 2026-05-01 | 25.79 |
| 2026-04-30 | 27.00 |
| 2026-04-29 | 26.28 |
| 2026-04-28 | 26.51 |
| 2026-04-27 | 26.38 |
| 2026-04-24 | 26.48 |
| 2026-04-23 | 26.31 |
| 2026-04-22 | 28.97 |
| 2026-04-21 | 29.57 |
| 2026-04-20 | 29.65 |
| 2026-04-17 | 29.68 |
| 2026-04-16 | 29.09 |
| 2026-04-15 | 29.97 |
| 2026-04-14 | 29.72 |
| 2026-04-13 | 28.99 |
| 2026-04-10 | 27.97 |
| 2026-04-09 | 28.21 |
| 2026-04-08 | 28.38 |
| 2026-04-07 | 27.59 |
| 2026-04-06 | 27.52 |
| 2026-04-02 | 27.70 |
| 2026-04-01 | 27.88 |
| 2026-03-31 | 27.71 |
| 2026-03-30 | 27.06 |
| 2026-03-27 | 26.68 |
| 2026-03-26 | 27.56 |
| 2026-03-25 | 27.66 |
| 2026-03-24 | 27.64 |
| 2026-03-23 | 26.95 |
| 2026-03-20 | 26.74 |
| 2026-03-19 | 26.51 |
| 2026-03-18 | 26.19 |
| 2026-03-17 | 26.65 |
| 2026-03-16 | 26.49 |
| 2026-03-13 | 26.18 |
| 2026-03-12 | 26.83 |
| 2026-03-11 | 27.94 |
| 2026-03-10 | 28.19 |
| 2026-03-09 | 28.75 |
| 2026-03-06 | 28.30 |
| 2026-03-05 | 29.25 |
| 2026-03-04 | 28.90 |
| 2026-03-03 | 28.64 |
| 2026-03-02 | 28.67 |
| 2026-02-27 | 29.37 |
| 2026-02-26 | 29.32 |
| 2026-02-25 | 29.68 |
| 2026-02-24 | 29.79 |
| 2026-02-23 | 29.83 |
| 2026-02-20 | 29.52 |
| 2026-02-19 | 29.76 |
| 2026-02-18 | 29.67 |
| 2026-02-17 | 28.98 |
| 2026-02-13 | 29.16 |
| 2026-02-12 | 29.45 |
| 2026-02-11 | 30.45 |
| 2026-02-10 | 31.18 |
| 2026-02-09 | 31.59 |
| 2026-02-06 | 31.36 |
| 2026-02-05 | 31.33 |
| 2026-02-04 | 32.65 |
| 2026-02-03 | 32.93 |
| 2026-02-02 | 33.61 |
| 2026-01-30 | 33.43 |
| 2026-01-29 | 34.21 |
| 2026-01-28 | 35.13 |
| 2026-01-27 | 36.04 |
| 2026-01-26 | 36.20 |
| 2026-01-23 | 36.16 |
| 2026-01-22 | 36.94 |
| 2026-01-21 | 36.76 |
| 2026-01-20 | 35.76 |
| 2026-01-16 | 35.74 |
| 2026-01-15 | 36.09 |
| 2026-01-14 | 35.92 |
| 2026-01-13 | 35.07 |
| 2026-01-12 | 35.55 |
| 2026-01-09 | 35.75 |
| 2026-01-08 | 35.04 |
| 2026-01-07 | 35.65 |
| 2026-01-06 | 35.86 |
| 2026-01-05 | 35.31 |
| 2026-01-02 | 34.23 |
| 2025-12-31 | 33.47 |
| 2025-12-30 | 33.71 |
| 2025-12-29 | 33.80 |
| 2025-12-26 | 33.55 |
| 2025-12-24 | 33.46 |
| 2025-12-23 | 33.50 |
| 2025-12-22 | 33.26 |
| 2025-12-19 | 32.80 |
| 2025-12-18 | 32.49 |
| 2025-12-17 | 32.50 |
| 2025-12-16 | 32.94 |
| 2025-12-15 | 33.27 |
| 2025-12-12 | 33.06 |
| 2025-12-11 | 33.44 |
| 2025-12-10 | 33.15 |
| 2025-12-09 | 32.53 |
| 2025-12-08 | 32.83 |
| 2025-12-05 | 33.09 |
| 2025-12-04 | 33.23 |
| 2025-12-03 | 33.53 |
| 2025-12-02 | 33.53 |
| 2025-12-01 | 33.80 |
| 2025-11-28 | 34.13 |
| 2025-11-26 | 34.27 |
| 2025-11-25 | 34.53 |
| 2025-11-24 | 33.86 |
| 2025-11-21 | 33.94 |
| 2025-11-20 | 33.09 |
| 2025-11-19 | 33.15 |
| 2025-11-18 | 33.28 |
| 2025-11-17 | 32.76 |
| 2025-11-14 | 33.43 |
| 2025-11-13 | 33.51 |
| 2025-11-12 | 33.97 |
| 2025-11-11 | 33.88 |
| 2025-11-10 | 33.30 |
| 2025-11-07 | 33.07 |
| 2025-11-06 | 32.70 |
| 2025-11-05 | 32.79 |
| 2025-11-04 | 32.65 |
| 2025-11-03 | 32.63 |
| 2025-10-31 | 32.78 |
| 2025-10-30 | 32.19 |
| 2025-10-29 | 32.31 |
| 2025-10-28 | 32.27 |
| 2025-10-27 | 32.63 |
| 2025-10-24 | 33.13 |
| 2025-10-23 | 33.10 |
| 2025-10-22 | 32.82 |
| 2025-10-21 | 32.29 |
| 2025-10-20 | 31.47 |
| 2025-10-17 | 31.19 |
| 2025-10-16 | 31.06 |
| 2025-10-15 | 30.55 |
| 2025-10-14 | 30.43 |
| 2025-10-13 | 30.36 |
| 2025-10-10 | 30.37 |
| 2025-10-09 | 30.94 |
| 2025-10-08 | 31.03 |
| 2025-10-07 | 31.20 |
| 2025-10-06 | 31.48 |
| 2025-10-03 | 31.44 |
| 2025-10-02 | 30.38 |
| 2025-10-01 | 30.71 |
| 2025-09-30 | 28.07 |
| 2025-09-29 | 26.74 |
| 2025-09-26 | 26.87 |
| 2025-09-25 | 26.58 |
| 2025-09-24 | 27.08 |
| 2025-09-23 | 27.18 |
| 2025-09-22 | 27.49 |
| 2025-09-19 | 27.75 |
| 2025-09-18 | 27.84 |
| 2025-09-17 | 27.35 |
| 2025-09-16 | 27.82 |
| 2025-09-15 | 27.46 |
| 2025-09-12 | 27.75 |
| 2025-09-11 | 28.44 |
| 2025-09-10 | 27.58 |
| 2025-09-09 | 27.92 |
| 2025-09-08 | 28.22 |
| 2025-09-05 | 28.51 |
| 2025-09-04 | 28.33 |
| 2025-09-03 | 28.04 |
| 2025-09-02 | 28.21 |
| 2025-08-29 | 28.51 |
| 2025-08-28 | 28.34 |
| 2025-08-27 | 28.25 |
| 2025-08-26 | 28.27 |
| 2025-08-25 | 28.40 |
| 2025-08-22 | 28.93 |
| 2025-08-21 | 28.00 |
| 2025-08-20 | 28.63 |
| 2025-08-19 | 28.84 |
| 2025-08-18 | 28.21 |
| 2025-08-15 | 28.30 |
| 2025-08-14 | 28.07 |
| 2025-08-13 | 28.05 |
| 2025-08-12 | 27.63 |
| 2025-08-11 | 26.76 |
| 2025-08-08 | 26.66 |
| 2025-08-07 | 26.32 |
| 2025-08-06 | 25.98 |
| 2025-08-05 | 26.99 |
| 2025-08-04 | 27.00 |
| 2025-08-01 | 26.80 |
| 2025-07-31 | 27.45 |
| 2025-07-30 | 28.01 |
| 2025-07-29 | 28.30 |
| 2025-07-28 | 28.46 |
| 2025-07-25 | 28.07 |
| 2025-07-24 | 27.88 |
| 2025-07-23 | 27.39 |
| 2025-07-22 | 25.10 |
| 2025-07-21 | 23.76 |
| 2025-07-18 | 24.34 |
| 2025-07-17 | 24.94 |
| 2025-07-16 | 24.43 |
| 2025-07-15 | 24.53 |
| 2025-07-14 | 24.96 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
