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IRMD Iradimed PE ratio, current and historical analysis

The current PE ratio for Iradimed stock as of Jun 18, 2024 is 29.8. This is calculated based on the TTM EPS of $1.42 and the stock price of $42.31 per share. The PE ratio marks a decrease of 16% from its last 4 quarters average of 35.4.

IRMD PE ratio history

How has IRMD's PE ratio performed in the past

The average historical PE ratio of Iradimed for the last ten years is 61.71. The current P/E ratio of 29.8 is 52% 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.

Average
61.71
Median
41.22
Minimum
16.32
Maximum
322.13

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

What is the average PE ratio of IRMD for the past years

Currently, IRMD's PE ratio is lower than its 3 and 5-year averages.

3-year avg
44.15
5-year avg
63.02
10-year avg
N/A
15-year avg
N/A

IRMD PE vs peers

What is IRMD's PE ratio compared to its peers

IRMD's PE ratio stands lower than its peer stocks EW and DXCM.

Stock name PE ratio Market cap
IRMD Iradimed Corp 29.8 $535.82M
EW Edwards Lifesciences Corp 37.99 $53.29B
COO Cooper Companies Inc 53.29 $18.25B
DXCM Dexcom Inc 70.69 $46.39B

Frequently asked questions

What is Iradimed's PE ratio?

IRMD stock has a price to earnings ratio of 29.8 as of Jun 18, 2024.

What is the 3-year average PE ratio for Iradimed (IRMD)?

The 3-year average price to earnings ratio for IRMD stock is 44.15.

What is the 5-year average PE ratio for Iradimed (IRMD)?

The 5-year average price to earnings ratio for IRMD stock is 63.02.

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 52% 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 (Jun 18, 2024), Iradimed's share price is $42.31. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.42. Therefore, Iradimed's PE ratio for today is 29.8. PE RATIO(29.8) = STOCK PRICE($42.31) / TTM EPS($1.42)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.