ISRG currently shows a PEG ratio reading of 2.37 as of Jun 22, 2026. Dividing the 48.2 PE ratio by the 20.3% earnings growth rate produces this figure. When benchmarked against the trailing 4-quarter average of 2.94, ISRG's PEG ratio reflects a 19% decrease.
A ten years lookback reveals an average PEG ratio of 7.58 for Intuitive Surgical. Compared to historical data, ISRG's 2.37 PEG ratio represents a decrease of 69%. The ten years high came in the Jun 2023 quarter at 120.61, reflecting peak valuation relative to growth. The bottom was reached in the Dec 2018 quarter at 0.74, suggesting favorable value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 3.17 | 70.8 | 22.3% |
| 2024 | 2.88 | 79.81 | 27.7% |
| 2023 | 1.75 | 65.89 | 37.6% |
| 2022 | N/A | 71.33 | -22.3% |
| 2021 | 1.28 | 75.01 | 58.6% |
| 2020 | N/A | 90.3 | -24.1% |
| 2019 | 2.45 | 49.51 | 20.2% |
| 2018 | 0.74 | 48.23 | 65.5% |
| 2017 | N/A | 60.82 | -6.5% |
| 2016 | 1.52 | 32.93 | 21.6% |
| 2015 | 0.87 | 34.48 | 39.7% |
| 2014 | N/A | 46.64 | -33.7% |
| 2013 | 5.91 | 22.46 | 3.8% |
| 2012 | 0.97 | 29.77 | 30.7% |
| 2011 | 1.24 | 36.75 | 29.6% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 2.72 | 55.14 | 20.3% |
| Dec 2025 | 3.17 | 70.8 | 22.3% |
| Sep 2025 | 2.69 | 58.08 | 21.6% |
| Jun 2025 | 3.16 | 74.34 | 23.5% |
| Mar 2025 | 3.07 | 71.26 | 23.2% |
| Dec 2024 | 2.88 | 79.81 | 27.7% |
| Sep 2024 | 1.67 | 77.61 | 46.5% |
| Jun 2024 | 1.63 | 75.14 | 46.2% |
| Mar 2024 | 1.36 | 70.76 | 52% |
| Dec 2023 | 1.75 | 65.89 | 37.6% |
| Sep 2023 | 5.69 | 67.66 | 11.9% |
| Jun 2023 | 120.61 | 84.43 | 0.7% |
| Mar 2023 | N/A | 68.86 | -19.5% |
| Dec 2022 | N/A | 71.33 | -22.3% |
| Sep 2022 | N/A | 48.56 | -18.9% |
When comparing to historical data, ISRG's PEG ratio comes in under the 3, 5 and 10-year averages.
With a PEG of 2.37, ISRG ranks higher than the Healthcare sector and the industry average. In comparison with the Healthcare sector average of 0.55, Intuitive Surgical's PEG is 331% higher.
Among its peers, ISRG has a PEG ratio below stock MDT, while higher than SYK's and BSX's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| BSX Boston Scientific Corp | 0.25 | $66.14B |
| IDXX Idexx Laboratories Inc | 1.55 | $42.76B |
| SYK Stryker Corp | 2.11 | $116.54B |
| ISRG Intuitive Surgical Inc | 2.37 | $142.73B |
| MDT Medtronic plc | 6.43 | $101.9B |
| BDX Becton Dickinson & Co | N/A | $38.9B |
| TFX Teleflex Inc | N/A | $5.31B |
| BAX Baxter International Inc | N/A | $10.07B |
| JNJ Johnson & Johnson | N/A | $564.64B |
| CNMD CONMED Corp | N/A | $979.75M |
ISRG has a PEG ratio of 2.37, per Jun 22, 2026 data.
ISRG's 3-year PEG ratio average comes in at 12.53.
ISRG's 5-year PEG ratio average comes in at 9.76.
The Jun 2023 quarter marked the ten years high at 120.61 for ISRG's PEG ratio.
Compared to the 10-year average, ISRG's PEG ratio sits 69% lower.
When a company's earnings growth lags its valuation, the PEG ratio tends to be elevated - as seen with ISRG's 2.37 reading.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth rate (YoY TTM). As of Jun 22, 2026, Intuitive Surgical carries a PE ratio of 48.2. Earnings grew at 20.3% over the TTM period ending Mar 2026. Applying the formula, this yields a PEG ratio of 2.37. PEG RATIO(2.37) = PE RATIO(48.2) / EPS GROWTH(20.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.