As at May 17, 2024, the SWAV stock has a price-to-earnings ratio of 74.69. This is based on the current EPS of $4.42 and the stock price of $330.13 per share. An increase of 55% has been recorded in the P/E ratio compared to the average of 48.3 of the last 4 quarters.
The mean historical PE ratio of Shockwave Medical over the last three years is 82.88. The current 74.69 PE ratio is 10% below the historical average. In the past three years, SWAV's PE ratio was at its highest in the Mar 2022 quarter at 249.83, with a price of $207.36 and an EPS of $0.83. The Sep 2023 quarter recorded the bottom point at 29.58, with a price of $199.1 and an EPS of $6.73.
Maximum annual increase: 39.15% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 47.52 | 39.15% |
2022 | 34.15 | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
2018 | N/A | N/A |
2017 | N/A | N/A |
Currently, SWAV's PE ratio is lower than the 3 and 5-year averages.
Stock name | PE ratio | Market cap |
---|---|---|
SWAV Shockwave Medical Inc | 74.69 | $12.39B |
NVRO Nevro Corp | N/A | $418.71M |
OFIX Orthofix Medical Inc | N/A | $562.94M |
NURO NeuroMetrix Inc | N/A | $8.19M |
The price to earnings ratio for SWAV stock is 74.69 as of May 17, 2024.
As an average over the last 3 years, SWAV stock has a PE ratio of 82.88.
As an average over the last 5 years, SWAV stock has a PE ratio of 82.88.
The highest quarterly PE ratio in the last three years has been 249.83 and it was in the Mar 2022 quarter.
SWAV's current price to earnings ratio is 10% below its 3-year historical average.
SWAV's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 17, 2024), Shockwave Medical's stock price is $330.13. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.42. Therefore, Shockwave Medical's P/E ratio for today is 74.69. PE RATIO(74.69) = STOCK PRICE($330.13) / TTM EPS($4.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.