MMSI Merit Medical Systems PE ratio, current and historical analysis

The current P/E ratio for Merit Medical Systems stock as of Apr 2, 2025 is 51.71. This is calculated based on the current EPS of $2.07 and the stock price of $107.04 per share. The PE ratio has increased by 15% from the past four quarters average of 44.9.

MMSI PE ratio history

How has MMSI's PE ratio performed in the past

The average historical PE ratio of Merit Medical Systems for the last ten years is 88.03. The current price-to-earnings ratio of 51.71 is 41% 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.

Today
51.71
Average
88.03
Median
53.91
Minimum
32.15
Maximum
665.33

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
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
Jun 2021 124.35 -81.31% $64.66 $0.52

MMSI average PE ratio chart

What is the average PE ratio of MMSI for the past years

MMSI's current P/E ratio is above the 3-year average, but it is lower than the 5 and 10-year averages.

3-year avg
47.97
5-year avg
97.5
10-year avg
88.03
15-year avg
67.58

MMSI PE vs peers

What is MMSI's PE ratio compared to its peers

MMSI's PE ratio is less than its peer stocks BSX and TFX, but it is above JNJ's and MDT's. Merit Medical Systems's current PE ratio of 51.71 is more than the average of its peers, which is 47.61.

Stock name PE ratio Market cap
EW Edwards Lifesciences Corp 10.32 $42.36B
JNJ Johnson & Johnson 26.6 $374.05B
MDT Medtronic plc 26.85 $113.97B
MMSI Merit Medical Systems Inc 51.71 $6.3B
BSX Boston Scientific Corp 79.4 $147.65B
TFX Teleflex Inc 94.89 $6.56B
ANGO Angiodynamics Inc N/A $439.46M
ICUI Icu Medical Inc N/A $3.44B

Frequently asked questions

What is Merit Medical Systems's PE ratio?

The price to earnings ratio for MMSI stock as of Apr 2, 2025, stands at 51.71.

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 47.97.

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 97.5.

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 41% 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 (Apr 2, 2025), Merit Medical Systems's stock price is $107.04. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $2.07. Therefore, Merit Medical Systems's price to earnings ratio for today is 51.71. PE RATIO(51.71) = STOCK PRICE($107.04) / TTM EPS($2.07)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.