VREX
Varex Imaging
PE ratio, current and historical analysis
- Stocks
- Healthcare
- NASDAQ: VREX
- PE Ratio
The current PE ratio of VREX can't be determined, as the TTM EPS of -$1.98 is negative. Varex Imaging's last PE ratio on record was 17.96 in June 2024.
VREX PE ratio history
The mean historical PE ratio of Varex Imaging over the last ten years is 49.48. Over the past ten years, VREX's PE ratio was at its highest in the Apr 2020 quarter at 207.3, with a price of $20.73 and an EPS of $0.1. The Sep 2023 quarter recorded the bottom point at 15.92, with a price of $18.79 and an EPS of $1.18.
Varex Imaging PE ratio by year
Maximum annual increase: 75.7% in 2019
Maximum annual decrease: -57.17% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | N/A | N/A | $11.94 | -$1.7 |
| 2024 | N/A | N/A | $11.92 | -$1.2 |
| 2023 | 15.92 | -42.77% | $18.79 | $1.18 |
| 2022 | 27.82 | -57.17% | $21.14 | $0.76 |
| 2021 | 64.95 | N/A | $28.58 | $0.44 |
| 2020 | N/A | N/A | $12.37 | -$1.49 |
| 2019 | 68.98 | 75.7% | $28.28 | $0.41 |
| 2018 | 39.26 | 58.95% | $28.66 | $0.73 |
| 2017 | 24.7 | N/A | $33.84 | $1.37 |
| 2016 | N/A | N/A | N/A | $1.83 |
| 2015 | N/A | N/A | N/A | $2.14 |
| 2014 | N/A | N/A | N/A | N/A |
| 2013 | N/A | N/A | N/A | N/A |
Varex Imaging PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Apr 2026 | N/A | N/A | $10.5 | -$1.98 |
| Jan 2026 | N/A | N/A | $11.65 | -$1.62 |
| Oct 2025 | N/A | N/A | $11.94 | -$1.7 |
| Jul 2025 | N/A | N/A | $8.8 | -$3.25 |
| Apr 2025 | N/A | N/A | $8.28 | -$1.07 |
| Jan 2025 | N/A | N/A | $14.26 | -$1.21 |
| Sep 2024 | N/A | N/A | $11.92 | -$1.2 |
| Jun 2024 | 17.96 | 1.18% | $14.73 | $0.82 |
| Mar 2024 | 17.75 | -5.64% | $18.1 | $1.02 |
| Dec 2023 | 18.81 | 18.15% | $20.5 | $1.09 |
| Sep 2023 | 15.92 | -50.02% | $18.79 | $1.18 |
| Jun 2023 | 31.85 | 26.09% | $23.57 | $0.74 |
| Mar 2023 | 25.26 | 0.8% | $18.19 | $0.72 |
| Dec 2022 | 25.06 | -9.92% | $20.3 | $0.81 |
| Sep 2022 | 27.82 | -13.92% | $21.14 | $0.76 |
VREX Price vs fair value
VREX average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
PE comparison
VREX PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| NNOX Nano X Imaging Ltd | N/A | $143.36M |
| VREX Varex Imaging Corp | N/A | $440.16M |
Frequently asked questions
What is Varex Imaging's PE ratio?
The current price to earnings ratio of VREX can't be calculated, as its EPS of -$1.98 is negative.
What is the 3-year average PE ratio for Varex Imaging (VREX)?
Over the last 3 years, the average price to earnings ratio for VREX stock is 20.46.
What is the 5-year average PE ratio for Varex Imaging (VREX)?
Over the last 5 years, the average price to earnings ratio for VREX stock is 29.53.
What is the highest PE ratio for VREX?
In the last ten years, the Apr 2020 quarter recorded the highest quarterly PE ratio at 207.3.
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.