Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 28.21.
Forward PE Ratio (28.21) = Close Price ($521.50) / Consensus Forward EPS ($18.75)
FORWARD PE RATIO
28.21
SECTOR MEDIAN · HEALTHCARE
19.84
median of 78 covered companies
CURRENT VS SECTOR MEDIAN
+42.22%
vs the sector median at left
Vertex Pharmaceuticals Incorporated
Market Cap
$132.36B
Forward PE Ratio
28.21
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Vertex Pharmaceuticals Incorporated (VRTX) | $132.36B | 28.21 |
| Bristol-Myers Squibb Company (BMY)vs › | $131.94B | 9.34 |
| Intuitive Surgical, Inc. (ISRG)vs › | $124.38B | 32.42 |
| Danaher Corporation (DHR)vs › | $143.23B | 24.14 |
| CVS Health Corp. (CVS)vs › | $120.58B | 12.01 |
| Medtronic plc (MDT)vs › | $118.82B | 16.74 |
| Pfizer Inc. (PFE)vs › | $158.76B | 9.34 |
| McKesson Corporation (MCK)vs › | $104.70B | 22.79 |
| Stryker Corporation (SYK)vs › | $104.57B | 18.41 |
| Sanofi (SNY)vs › | $103.58B | N/A |
Trailing P/E
30.8
reported TTM EPS
Forward P/E
28.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $18.75 implies +9.1% EPS growth vs the reported trailing $17.18.
At today's $521.50 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $18.75 | $18.14 – $19.12 | 11 | 27.8x |
| 2027-12-31 | $21.21 | $18.62 – $22.92 | 11 | 24.6x |
| 2028-12-31 | $25.32 | $19.44 – $32.47 | 7 | 20.6x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
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