ZYXI Zynex PE ratio, current and historical analysis
The PE ratio for Zynex stock stands at 49.24 as of Oct 21, 2024. This results from the current EPS of $0.17 and stock price of $8.37. An increase of 16% has been seen in the P/E ratio compared to the average of 42.6 of the last 4 quarters.
ZYXI PE ratio history
Over the last eight years, the average PE ratio of Zynex has been 32.76. The current 49.24 PE ratio is 50% above the historical average. Over the past eight years, ZYXI's PE ratio was at its highest in the Jun 2021 quarter at 108.6, with a price of $14.12 and an EPS of $0.13. The Jun 2017 quarter recorded the bottom point at 7.79, with a price of $0.55 and an EPS of $0.07.
Zynex PE ratio by year
Maximum annual increase: 167.7% in 2019
Maximum annual decrease: -60.49% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 40.33 | 27.59% |
| 2022 | 31.61 | 56.95% |
| 2021 | 20.14 | -60.49% |
| 2020 | 50.98 | 85.25% |
| 2019 | 27.52 | 167.7% |
| 2018 | 10.28 | -25.34% |
| 2017 | 13.77 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
ZYXI average PE ratio chart
Currently, ZYXI's PE ratio is greater than its 3, 5 and 10-year historical averages.
ZYXI PE vs peers
ZYXI's PE ratio is higher than its peer stocks MDT and FONR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FONR Fonar Corp | 9.89 | $103.55M |
| MDT Medtronic plc | 30.46 | $116.4B |
| ZYXI Zynex Inc | 50.35 | $271.72M |
| RMTI Rockwell Medical Inc | N/A | $107.36M |
Frequently asked questions
What is Zynex's PE ratio?
ZYXI's price to earnings ratio is 49.24 as of Oct 21, 2024.
What is the 3-year average PE ratio for Zynex (ZYXI)?
The average PE ratio for ZYXI stock over the past 3 years is 28.77.
What is the 5-year average PE ratio for Zynex (ZYXI)?
The average PE ratio for ZYXI stock over the past 5 years is 42.74.
What is the highest PE ratio for ZYXI?
In the last eight years, the Jun 2021 quarter recorded the highest quarterly PE ratio at 108.6.
How does the current PE ratio for ZYXI compare to its historical average?
ZYXI's price to earnings ratio is currently 50% above its 8-year historical average.
How is ZYXI's PE ratio calculated (Zynex PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Oct 21, 2024), Zynex's stock price is $8.37. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.17. Therefore, Zynex's P/E ratio for today is 49.24. PE RATIO(49.24) = STOCK PRICE($8.37) / TTM EPS($0.17)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.