PE Ratio: 32.45

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 32.45 is in line with its 5-year average of 31.41, around the middle of its 5-year range (22.90–39.88).

As of 2026-09-10T20:00:02.000Z. 7.42% above its 12-month average of 30.21.

PE Ratio (32.45) = Close Price ($603.18) / Diluted TTM EPS ($18.59)

TMO PE Ratio Metrics

P/E vs. its own history

At 32.5, P/E is above its 20-year median — higher than 65% of readings in its 20-year history.

P/E Comparison

PE Ratio Formula & Definition

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

PE Ratio FAQ

What is the P/E ratio for Thermo Fisher Scientific Inc. (TMO)?

The P/E ratio for TMO stock is 32.45.

Is Thermo Fisher Scientific Inc.'s P/E ratio high or low?

The P/E ratio of 32.45 is in line with its 5-year average of 31.41, around the middle of its 5-year range (22.90–39.88).

What is the TTM average P/E ratio for Thermo Fisher Scientific Inc. (TMO)?

The TTM average P/E ratio for TMO stock is 30.21.

What is the 3Y average P/E ratio for Thermo Fisher Scientific Inc. (TMO)?

The 3Y average P/E ratio for TMO stock is 32.10.

What is the 5Y average P/E ratio for Thermo Fisher Scientific Inc. (TMO)?

The 5Y average P/E ratio for TMO stock is 31.41.

What is the 10Y average P/E ratio for Thermo Fisher Scientific Inc. (TMO)?

The 10Y average P/E ratio for TMO stock is 33.03.

What is the 15Y average P/E ratio for Thermo Fisher Scientific Inc. (TMO)?

The 15Y average P/E ratio for TMO stock is 31.23.

What is the 20Y average P/E ratio for Thermo Fisher Scientific Inc. (TMO)?

The 20Y average P/E ratio for TMO stock is 29.36.

Showing the most recent 260 of 5,030 data points. The chart above shows the full history.

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