The PE ratio for Masimo stock stands at 73.19 as of Jul 25, 2024. This is calculated based on the current EPS of $1.5 and the stock price of $109.78 per share. A decrease of 2.7% has been seen in the P/E ratio compared to the average of 75.3 of the last 4 quarters.
Over the last ten years, the average PE ratio of Masimo has been 40.56. The current 73.19 PE ratio is 80% above the historical average. Over the past ten years, MASI's PE ratio was at its highest in the Mar 2024 quarter at 97.9, with a price of $146.85 and an EPS of $1.5. The Dec 2016 quarter recorded the bottom point at 10.73, with a price of $67.4 and an EPS of $6.28.
Maximum annual increase: 113.61% in 2017
Maximum annual decrease: -58.12% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 76.11 | 37.86% |
| 2022 | 55.21 | -17.21% |
| 2022 | 66.69 | 9.1% |
| 2021 | 61.13 | 40.66% |
| 2019 | 43.46 | 51.11% |
| 2018 | 28.76 | 25.48% |
| 2017 | 22.92 | 113.61% |
| 2016 | 10.73 | -58.12% |
| 2016 | 25.62 | 31.65% |
| 2015 | 19.46 | -30.55% |
MASI's current P/E ratio is above the 3, 5 and 10-year historical averages.
MASI's PE ratio is higher than its peer stocks TMO and GE. Masimo is presently trading at a higher PE ratio (73.19) than its peer group average of 32.1.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UFPI Ufp Industries Inc | 15.79 | $7.96B |
| CNMD CONMED Corp | 26.39 | $2.19B |
| RMD Resmed Inc | 30.22 | $28.95B |
| TMO Thermo Fisher Scientific Inc | 38.79 | $231.76B |
| GE General Electric Co | 39.77 | $184.13B |
| CAH Cardinal Health Inc | 43.14 | $23.95B |
| MASI Masimo Corp | 72.66 | $5.79B |
| OMI Owens & Minor Inc | N/A | $1.16B |
The price to earnings ratio for MASI stock as of Jul 25, 2024, stands at 73.19.
As an average over the last 3 years, MASI stock has a PE ratio of 62.18.
As an average over the last 5 years, MASI stock has a PE ratio of 57.97.
The highest quarterly PE ratio in the last ten years has been 97.9 and it was in the Mar 2024 quarter.
The current price to earnings ratio of MASI is 80% higher than the 10-year historical average.
MASI's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Masimo's stock price is $109.78. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.5. Therefore, Masimo's P/E ratio for today is 73.19. PE RATIO(73.19) = STOCK PRICE($109.78) / TTM EPS($1.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.