IRMD Iradimed PE ratio, current and historical analysis
The current PE ratio for Iradimed stock as of Dec 24, 2024 is 36.63. This is calculated based on the TTM EPS of $1.48 and the stock price of $54.21 per share. The PE ratio marks an increase of 13% from its last 4 quarters average of 32.4.
IRMD PE ratio history
The average historical PE ratio of Iradimed for the last ten years is 61.19. The current P/E ratio of 36.63 is 40% lower than the historical average. Looking back at the last ten years, IRMD's PE ratio peaked in the Mar 2021 quarter at 322.13, when the price was $25.77 and the EPS was $0.08. The lowest point was in the Dec 2016 quarter, when it reached 16.32 with a price of $11.1 and an EPS of $0.68.
Iradimed PE ratio by year
Maximum annual increase: 1,756.62% in 2017
Maximum annual decrease: -86.32% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 34.9 | 25.81% |
| 2022 | 27.74 | -54.38% |
| 2021 | 60.8 | -68% |
| 2020 | 190 | 590.66% |
| 2019 | 27.51 | -33.65% |
| 2018 | 41.46 | -86.32% |
| 2017 | 303 | 1,756.62% |
| 2016 | 16.32 | -60.41% |
| 2015 | 41.22 | -26.51% |
| 2014 | 56.09 | N/A |
IRMD average PE ratio chart
Currently, IRMD's PE ratio is lower than its 3, 5 and 10-year averages.
IRMD PE vs peers
IRMD's PE ratio stands lower than its peer stocks DXCM and COO, but it is higher than EW's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EW Edwards Lifesciences Corp | 10.94 | $44.78B |
| IRMD Iradimed Corp | 37.18 | $697.29M |
| DXCM Dexcom Inc | 46.3 | $31.47B |
| COO Cooper Companies Inc | 47.01 | $18.48B |
Frequently asked questions
What is Iradimed's PE ratio?
IRMD stock has a price to earnings ratio of 36.63 as of Dec 24, 2024.
What is the 3-year average PE ratio for Iradimed (IRMD)?
The 3-year average price to earnings ratio for IRMD stock is 37.12.
What is the 5-year average PE ratio for Iradimed (IRMD)?
The 5-year average price to earnings ratio for IRMD stock is 63.4.
What is the highest PE ratio for IRMD?
Over the last ten years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 322.13.
How does the current PE ratio for IRMD compare to its historical average?
The current PE ratio of IRMD is 40% lower than the 10-year historical average.
How is IRMD's PE ratio calculated (Iradimed PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Dec 24, 2024), Iradimed's share price is $54.21. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.48. Therefore, Iradimed's PE ratio for today is 36.63. PE RATIO(36.63) = STOCK PRICE($54.21) / TTM EPS($1.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.