The current PE ratio for Intuitive Surgical stock as of Jul 25, 2024 is 73.77. This is calculated based on the current EPS of $5.92 and the stock price of $436.74 per share. The P/E ratio has increased by 6% from the past four quarters average of 69.9.
The average historical PE ratio of Intuitive Surgical for the last ten years is 55.86. The current PE ratio of 73.77 is 32% above the historical average. Over the past ten years, ISRG's PE ratio was at its highest in the Dec 2020 quarter at 90.3, when the stock price was $272.7 and the EPS was $3.02. The lowest value was in the Sep 2015 quarter, when it reached 31.12 with a price of $51.03 and an EPS of $1.64.
Maximum annual increase: 107.66% in 2014
Maximum annual decrease: -26.07% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 65.89 | -7.63% |
| 2022 | 71.33 | -4.91% |
| 2021 | 75.01 | -16.93% |
| 2020 | 90.3 | 82.39% |
| 2019 | 49.51 | 2.65% |
| 2018 | 48.23 | -20.7% |
| 2017 | 60.82 | 84.69% |
| 2016 | 32.93 | -4.5% |
| 2015 | 34.48 | -26.07% |
| 2014 | 46.64 | 107.66% |
The current PE ratio of ISRG is greater than its 3, 5 and 10-year historical averages.
ISRG's PE ratio is higher than its peer stocks JNJ and SYK. Intuitive Surgical is presently trading at a higher PE ratio (73.77) than its peer group average of 34.22.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BAX Baxter International Inc | 6.79 | $18.1B |
| JNJ Johnson & Johnson | 10.55 | $386.7B |
| CNMD CONMED Corp | 26.39 | $2.19B |
| MDT Medtronic plc | 28.41 | $100.91B |
| TFX Teleflex Inc | 35.14 | $10.38B |
| SYK Stryker Corp | 37.48 | $126.35B |
| HOLX Hologic Inc | 40.12 | $18.35B |
| IDXX Idexx Laboratories Inc | 45.03 | $38.79B |
| BDX Becton Dickinson & Co | 52.27 | $68.58B |
| BSX Boston Scientific Corp | 62.43 | $110.15B |
| ISRG Intuitive Surgical Inc | 74.54 | $156.82B |
ISRG stock has a price to earnings ratio of 73.77 as of Jul 25, 2024.
As an average over the last 3 years, ISRG stock has a PE ratio of 67.72.
As an average over the last 5 years, ISRG stock has a PE ratio of 65.95.
Over the last ten years, the quarterly PE ratio reached a historic high of 90.3 in the Dec 2020 quarter.
The current price to earnings ratio of ISRG is 32% higher than the 10-year historical average.
ISRG's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Intuitive Surgical's stock price is $436.74. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $5.92. Therefore, Intuitive Surgical's P/E ratio for today is 73.77. PE RATIO(73.77) = STOCK PRICE($436.74) / TTM EPS($5.92)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.