The PE ratio for Masimo stock stands at 88.47 as of May 2, 2024. This is calculated based on the current EPS of $1.54 and the stock price of $136.25 per share. An increase of 24% has been seen in the P/E ratio compared to the average of 71.4 of the last 4 quarters.
Over the last ten years, the average PE ratio of Masimo has been 38.6. The current 88.47 PE ratio is 129% above the historical average. Over the past ten years, MASI's PE ratio was at its highest in the Apr 2023 quarter at 82.38, with a price of $184.54 and an EPS of $2.24. 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 (88.47) than its peer group average of 33.85.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UFPI Ufp Industries Inc | 14.07 | $7.12B |
| CNMD CONMED Corp | 26.07 | $2.16B |
| RMD Resmed Inc | 33.46 | $32.05B |
| TMO Thermo Fisher Scientific Inc | 36.81 | $217.82B |
| CAH Cardinal Health Inc | 45.17 | $25.08B |
| GE General Electric Co | 52.63 | $178.03B |
| MASI Masimo Corp | 88.47 | $7.21B |
| OMI Owens & Minor Inc | N/A | $1.88B |
The price to earnings ratio for MASI stock as of May 2, 2024, stands at 88.47.
As an average over the last 3 years, MASI stock has a PE ratio of 58.92.
As an average over the last 5 years, MASI stock has a PE ratio of 54.93.
The current P/E of 88.47 represents the highest historical value in the last ten years.
The current price to earnings ratio of MASI is 129% 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 (May 2, 2024), Masimo's stock price is $136.25. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.54. Therefore, Masimo's P/E ratio for today is 88.47. PE RATIO(88.47) = STOCK PRICE($136.25) / TTM EPS($1.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.