DXCM currently has a PEG ratio reading of 0.37 as of Jun 22, 2026. Dividing the 28.78 PE ratio by the 77.8% earnings growth rate yields this valuation metric.
A eight years lookback shows an average PEG ratio of 2.26 for Dexcom. Compared to historical data, DXCM's 0.37 PEG ratio represents a decrease of 84%. The eight years high occurred in the Dec 2024 quarter at 12.39, reflecting maximum valuation relative to growth. The minimum was hit in the Dec 2020 quarter at 0.15, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.67 | 31.01 | 46.6% |
| 2024 | 12.39 | 53.27 | 4.3% |
| 2023 | 1.5 | 88.64 | 59.1% |
| 2022 | 2.25 | 128.68 | 57.1% |
| 2021 | N/A | 239.71 | -61.6% |
| 2020 | 0.15 | 63.31 | 421.4% |
| 2019 | 1.1 | 195.3 | 177.8% |
| 2018 | N/A | N/A | -140% |
| 2017 | N/A | N/A | 25% |
| 2016 | N/A | N/A | -11.1% |
| 2015 | N/A | N/A | -125% |
| 2014 | N/A | N/A | 27.3% |
| 2013 | N/A | N/A | 45% |
| 2012 | N/A | N/A | -17.6% |
| 2011 | N/A | N/A | 29.2% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.34 | 26.17 | 77.8% |
| Dec 2025 | 0.67 | 31.01 | 46.6% |
| Sep 2025 | 6.42 | 36.57 | 5.7% |
| Jun 2025 | N/A | 60.2 | -15.2% |
| Mar 2025 | N/A | 50.59 | -18.2% |
| Dec 2024 | 12.39 | 53.27 | 4.3% |
| Sep 2024 | 0.5 | 38.53 | 77.6% |
| Jun 2024 | 0.79 | 66.3 | 83.9% |
| Mar 2024 | 0.72 | 84.06 | 117.1% |
| Dec 2023 | 1.5 | 88.64 | 59.1% |
| Sep 2023 | 1.71 | 95.2 | 55.6% |
| Jun 2023 | 2.51 | 138.18 | 55% |
| Mar 2023 | 11.41 | 152.87 | 13.4% |
| Dec 2022 | 2.25 | 128.68 | 57.1% |
| Sep 2022 | N/A | 127.84 | -62.3% |
When comparing to historical values, DXCM's PEG ratio is below the 3, 5 and 10-year averages.
With a PEG of 0.37, DXCM stands below the Healthcare sector and the industry average. Compared to its Healthcare sector average of 0.55, Dexcom's PEG is 33% lower.
DXCM has a PEG ratio below that of peer stocks MDT and WST.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| DXCM Dexcom Inc | 0.37 | $26.59B |
| WST West Pharmaceutical Services Inc | 2.62 | $23.77B |
| MDT Medtronic plc | 6.52 | $103.21B |
| EW Edwards Lifesciences Corp | N/A | $50.07B |
| BDX Becton Dickinson & Co | N/A | $39.66B |
| TNDM Tandem Diabetes Care Inc | N/A | $987.5M |
| ABT Abbott Laboratories | N/A | $157.69B |
| QDEL Quidel Corp | N/A | $813.86M |
| JNJ Johnson & Johnson | N/A | $575.52B |
DXCM's Jun 22, 2026 PEG ratio comes in at 0.37.
DXCM's 3-year PEG ratio average stands at 2.76.
DXCM's 5-year PEG ratio average stands at 3.0.
In the last eight years, DXCM's peak PEG ratio of 12.39 was recorded in the Dec 2024 quarter.
Compared to the 8-year average, DXCM's PEG ratio is 84% lower.
At 0.37, DXCM's PEG ratio suggests the stock may be attractively priced given its growth rate.
PEG equals PE divided by EPS growth (YoY TTM). As of Jun 22, 2026, Dexcom has a P/E ratio of 28.78. Earnings grew at 77.8% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 0.37. PEG RATIO(0.37) = PE RATIO(28.78) / EPS GROWTH(77.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.