MMSI Merit Medical Systems PE ratio, current and historical analysis
- Stocks
- Healthcare
- NASDAQ: MMSI
- PE Ratio
The current P/E ratio for Merit Medical Systems stock as of May 30, 2025 is 45.47. This is calculated based on the current EPS of $2.09 and the stock price of $95.03 per share. The PE ratio has decreased by 2.9% from the past four quarters average of 46.8.
MMSI PE ratio history
The average historical PE ratio of Merit Medical Systems for the last ten years is 86.99. The current price-to-earnings ratio of 45.47 is 48% less than the historical average. In the past ten years, MMSI's PE ratio reached its highest point in the Mar 2021 quarter at 665.33, when the stock price was $59.88 and the EPS was $0.09. The lowest point was recorded in the Jun 2015 quarter, when it reached 32.15 with a price of $21.54 and an EPS of $0.67.
Merit Medical Systems PE ratio by year
Maximum annual increase: 347.53% in 2019
Maximum annual decrease: -37.31% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 46.72 | 0.86% | $96.72 | $2.07 |
| 2023 | 46.32 | -14.08% | $75.96 | $1.64 |
| 2022 | 53.91 | -25.58% | $70.62 | $1.31 |
| 2021 | 72.44 | N/A | $62.3 | $0.86 |
| 2020 | N/A | N/A | $55.51 | -$0.18 |
| 2019 | 312.2 | 347.53% | $31.22 | $0.1 |
| 2018 | 69.76 | -9.57% | $55.81 | $0.8 |
| 2017 | 77.14 | 30.99% | $43.2 | $0.56 |
| 2016 | 58.89 | 71.04% | $26.5 | $0.45 |
| 2015 | 34.43 | 5.29% | $18.59 | $0.54 |
| 2014 | 32.7 | -18.98% | $17.33 | $0.53 |
| 2013 | 40.36 | 36.49% | $15.74 | $0.39 |
| 2012 | 29.57 | 30.38% | $13.9 | $0.47 |
| 2011 | 22.68 | -37.31% | $13.38 | $0.59 |
| 2010 | 36.18 | 50.44% | $12.66 | $0.35 |
Merit Medical Systems PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 50.58 | 8.26% | $105.71 | $2.09 |
| Dec 2024 | 46.72 | -2.14% | $96.72 | $2.07 |
| Sep 2024 | 47.74 | 12.75% | $98.83 | $2.07 |
| Jun 2024 | 42.34 | -1.07% | $85.95 | $2.03 |
| Mar 2024 | 42.8 | -7.6% | $75.75 | $1.77 |
| Dec 2023 | 46.32 | 16.76% | $75.96 | $1.64 |
| Sep 2023 | 39.67 | -26.02% | $69.02 | $1.74 |
| Jun 2023 | 53.62 | 7.3% | $83.64 | $1.56 |
| Mar 2023 | 49.97 | -7.31% | $73.95 | $1.48 |
| Dec 2022 | 53.91 | 3.99% | $70.62 | $1.31 |
| Sep 2022 | 51.84 | -1.61% | $56.51 | $1.09 |
| Jun 2022 | 52.69 | -32.67% | $54.27 | $1.03 |
| Mar 2022 | 78.26 | 8.03% | $66.52 | $0.85 |
| Dec 2021 | 72.44 | -21.3% | $62.3 | $0.86 |
| Sep 2021 | 92.05 | -25.98% | $71.8 | $0.78 |
MMSI Price vs fair value
MMSI average PE ratio chart
MMSI's current P/E ratio is lower than the 3, 5 and 10-year averages.
MMSI PE vs peers
MMSI's PE ratio is less than its peer stock BSX, but it is above JNJ's and MDT's. Merit Medical Systems's current PE ratio of 45.47 is more than the average of its peers, which is 33.42.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EW Edwards Lifesciences Corp | 11.13 | $45.88B |
| JNJ Johnson & Johnson | 17.13 | $373.45B |
| MDT Medtronic plc | 25.07 | $106.43B |
| TFX Teleflex Inc | 37.51 | $5.4B |
| MMSI Merit Medical Systems Inc | 45.47 | $5.62B |
| BSX Boston Scientific Corp | 76.28 | $155.73B |
| ANGO Angiodynamics Inc | N/A | $414.19M |
| ICUI Icu Medical Inc | N/A | $3.32B |
Frequently asked questions
What is Merit Medical Systems's PE ratio?
The price to earnings ratio for MMSI stock as of May 30, 2025, stands at 45.47.
What is the 3-year average PE ratio for Merit Medical Systems (MMSI)?
As an average over the last 3 years, MMSI stock has a PE ratio of 48.18.
What is the 5-year average PE ratio for Merit Medical Systems (MMSI)?
As an average over the last 5 years, MMSI stock has a PE ratio of 94.74.
What is the highest PE ratio for MMSI?
Over the last ten years, the quarterly PE ratio reached a historic high of 665.33 in the Mar 2021 quarter.
How does the current PE ratio for MMSI compare to its historical average?
The current price to earnings ratio of MMSI is 48% lower than the 10-year historical average.
How is MMSI's PE ratio calculated (Merit Medical Systems PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 30, 2025), Merit Medical Systems's stock price is $95.03. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $2.09. Therefore, Merit Medical Systems's price to earnings ratio for today is 45.47. PE RATIO(45.47) = STOCK PRICE($95.03) / TTM EPS($2.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.