GEHC GE HealthCare Technologies PE ratio, current and historical analysis
As of Nov 21, 2024, the GE HealthCare Technologies stock's PE ratio is 22.28. This takes into account the latest EPS of $3.68 and stock price of $82. The PE ratio marks a decrease of 11% from its last 4 quarters average of 24.9.
GEHC PE ratio history
The PE ratio of GE HealthCare Technologies has averaged 23.41 over the last two years. The current P/E ratio of 22.28 is 4.8% lower than the historical average. Looking back at the last two years, GEHC's PE ratio peaked in the Mar 2024 quarter at 26.35, when the price was $90.91 and the EPS was $3.45. The lowest point was in the Sep 2023 quarter, when it reached 20.13 with a price of $68.04 and an EPS of $3.38.
GE HealthCare Technologies PE ratio by year
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 25.35 | N/A |
| 2022 | N/A | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
GEHC average PE ratio chart
GEHC PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| GEHC GE HealthCare Technologies Inc | 22.28 | $37.46B |
| OBIO Orchestra BioMed Holdings Inc | N/A | $206.79M |
| OM Outset Medical Inc | N/A | $39.95M |
Frequently asked questions
What is GE HealthCare Technologies's PE ratio?
The price to earnings ratio for GEHC stock is 22.28 as of Nov 21, 2024.
What is the highest PE ratio for GEHC?
The highest quarterly PE ratio in the last two years has been 26.35 and it was in the Mar 2024 quarter.
How does the current PE ratio for GEHC compare to its historical average?
GEHC's price to earnings ratio is currently 4.8% below its 2-year historical average.
How is GEHC's PE ratio calculated (GE HealthCare Technologies PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), GE HealthCare Technologies's share price is $82. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.68. Therefore, GE HealthCare Technologies's PE ratio for today is 22.28. PE RATIO(22.28) = STOCK PRICE($82) / TTM EPS($3.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.