CNMD CONMED PE ratio, current and historical analysis
As of Nov 21, 2024, the CONMED stock's P/E ratio is 16.75. This takes into account the latest EPS of $4.28 and stock price of $71.71. The PE ratio has decreased by 44% from its last 4 quarters average of 30.1.
CNMD PE ratio history
The PE ratio of CONMED has averaged 244.4 over the last ten years. The current price-to-earnings ratio of 16.75 is 93% less than the historical average. Analyzing the last ten years, CNMD's PE ratio reached its highest point in the Sep 2020 quarter at 3,933.5, when the price was $78.67 and the EPS was $0.02. The lowest point was recorded in the Sep 2024 quarter, when it reached 16.8 with a price of $71.92 and an EPS of $4.28.
CONMED PE ratio by year
Maximum annual increase: 206.53% in 2020
Maximum annual decrease: -80.48% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 52.15 | N/A |
| 2022 | N/A | N/A |
| 2021 | 66.24 | -80.48% |
| 2020 | 339.39 | 206.53% |
| 2019 | 110.72 | 150.05% |
| 2018 | 44.28 | 72.9% |
| 2017 | 25.61 | -69.27% |
| 2016 | 83.34 | 108.09% |
| 2015 | 40.05 | 4.22% |
| 2014 | 38.43 | 17.56% |
CNMD average PE ratio chart
CNMD's current PE ratio is under its 3, 5 and 10-year averages.
CNMD PE vs peers
CNMD's PE ratio is below its peer stocks JNJ and SYK. CONMED's current PE ratio of 16.75 is less than the average of its peers, which is 41.66.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CNMD CONMED Corp | 16.75 | $2.22B |
| JNJ Johnson & Johnson | 25.79 | $374.39B |
| MDT Medtronic plc | 28.44 | $108.68B |
| TFX Teleflex Inc | 37.68 | $8.85B |
| SYK Stryker Corp | 41.37 | $148.73B |
| BSX Boston Scientific Corp | 75 | $134.86B |
| IART Integra Lifesciences Holdings Corp | N/A | $1.77B |
Frequently asked questions
What is CONMED's PE ratio?
CNMD's price to earnings ratio is 16.75 as of Nov 21, 2024.
What is the 3-year average PE ratio for CONMED (CNMD)?
As an average over the last 3 years, CNMD stock has a PE ratio of 43.65.
What is the 5-year average PE ratio for CONMED (CNMD)?
As an average over the last 5 years, CNMD stock has a PE ratio of 474.91.
What is the highest PE ratio for CNMD?
Over the last ten years, the Sep 2020 quarter recorded the highest quarterly PE ratio at 3,933.5.
How does the current PE ratio for CNMD compare to its historical average?
CNMD's price to earnings ratio is currently 93% below its 10-year historical average.
How is CNMD's PE ratio calculated (CONMED PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), CONMED's share price is $71.71. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.28. Therefore, CONMED's price to earnings ratio for today is 16.75. PE RATIO(16.75) = STOCK PRICE($71.71) / TTM EPS($4.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.