ISRG
Intuitive Surgical
PE ratio, current and historical analysis
- Stocks
- Healthcare
- NASDAQ: ISRG
- PE Ratio
The current PE ratio for Intuitive Surgical stock as of Jul 31, 2026 is 40.01. This is calculated based on the current EPS of $8.83 and the stock price of $353.33 per share. The P/E ratio has a decrease of 30% from the past four quarters average of 57.3.
ISRG PE ratio history
The average historical PE ratio of Intuitive Surgical for the last ten years is 61.71. The current PE ratio of 40.01 is 35% below 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 Dec 2016 quarter, when it reached 32.93 with a price of $70.46 and an EPS of $2.14.
Intuitive Surgical PE ratio by year
Maximum annual increase: 107.66% in 2014
Maximum annual decrease: -26.07% in 2015
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 70.8 | -11.29% | $566.36 | $8 |
| 2024 | 79.81 | 21.13% | $521.96 | $6.54 |
| 2023 | 65.89 | -7.63% | $337.36 | $5.12 |
| 2022 | 71.33 | -4.91% | $265.35 | $3.72 |
| 2021 | 75.01 | -16.93% | $359.3 | $4.79 |
| 2020 | 90.3 | 82.39% | $272.7 | $3.02 |
| 2019 | 49.51 | 2.65% | $197.05 | $3.98 |
| 2018 | 48.23 | -20.7% | $159.64 | $3.31 |
| 2017 | 60.82 | 84.69% | $121.65 | $2 |
| 2016 | 32.93 | -4.5% | $70.46 | $2.14 |
| 2015 | 34.48 | -26.07% | $60.68 | $1.76 |
| 2014 | 46.64 | 107.66% | $58.77 | $1.26 |
| 2013 | 22.46 | -24.55% | $42.68 | $1.9 |
| 2012 | 29.77 | -18.99% | $54.49 | $1.83 |
| 2011 | 36.75 | 38.57% | $51.45 | $1.4 |
Intuitive Surgical PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 45.04 | -18.32% | $397.68 | $8.83 |
| Mar 2026 | 55.14 | -22.12% | $460.99 | $8.36 |
| Dec 2025 | 70.8 | 21.9% | $566.36 | $8 |
| Sep 2025 | 58.08 | -21.87% | $447.23 | $7.7 |
| Jun 2025 | 74.34 | 4.32% | $543.41 | $7.31 |
| Mar 2025 | 71.26 | -10.71% | $495.27 | $6.95 |
| Dec 2024 | 79.81 | 2.83% | $521.96 | $6.54 |
| Sep 2024 | 77.61 | 3.29% | $491.27 | $6.33 |
| Jun 2024 | 75.14 | 6.19% | $444.85 | $5.92 |
| Mar 2024 | 70.76 | 7.39% | $399.09 | $5.64 |
| Dec 2023 | 65.89 | -2.62% | $337.36 | $5.12 |
| Sep 2023 | 67.66 | -19.86% | $292.29 | $4.32 |
| Jun 2023 | 84.43 | 22.61% | $341.94 | $4.05 |
| Mar 2023 | 68.86 | -3.46% | $255.47 | $3.71 |
| Dec 2022 | 71.33 | 46.89% | $265.35 | $3.72 |
ISRG Price vs fair value
ISRG average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of ISRG is below the 3, 5 and 10-year averages.
PE comparison
With a P/E of 40.01, ISRG is above the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 26.04, Intuitive Surgical's P/E is 54% higher.
ISRG PE vs peers
ISRG's PE ratio is lower than its peer stocks BDX and IDXX, but it is greater than JNJ's and SYK's. Intuitive Surgical is presently trading at a higher PE ratio (40.01) than its peer group average of 30.39.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BSX Boston Scientific Corp | 19.87 | $71.17B |
| MDT Medtronic Plc | 22.97 | $110.24B |
| CNMD CONMED Corp | 27.6 | $1.53B |
| JNJ Johnson & Johnson | 28.89 | $607.73B |
| SYK Stryker Corp | 34.48 | $128.81B |
| IDXX Idexx Laboratories Inc | 41.32 | $44.65B |
| ISRG Intuitive Surgical Inc | 42 | $131.01B |
| BDX Becton Dickinson & Company | 42.68 | $46.45B |
| TFX Teleflex Incorporated | N/A | $6.34B |
| BAX Baxter International Inc | N/A | $14.28B |
Frequently asked questions
What is Intuitive Surgical's PE ratio?
ISRG stock has a price to earnings ratio of 40.01 as of Jul 31, 2026.
What is the 3-year average PE ratio for Intuitive Surgical (ISRG)?
As an average over the last 3 years, ISRG stock has a PE ratio of 67.63.
What is the 5-year average PE ratio for Intuitive Surgical (ISRG)?
As an average over the last 5 years, ISRG stock has a PE ratio of 67.24.
What is the highest PE ratio for ISRG?
Over the last ten years, the quarterly PE ratio reached a historic high of 90.3 in the Dec 2020 quarter.
How does the current PE ratio for ISRG compare to its historical average?
The current price to earnings ratio of ISRG is 35% lower than the 10-year historical average.
How is ISRG's PE ratio calculated (Intuitive Surgical PE ratio formula)?
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 31, 2026), Intuitive Surgical's stock price is $353.33. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $8.83. Therefore, Intuitive Surgical's P/E ratio for today is 40.01. PE RATIO(40.01) = STOCK PRICE($353.33) / TTM EPS($8.83)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.