ZYXI Zynex PE ratio, current and historical analysis
The PE ratio for Zynex stock stands at 27.11 as of Apr 2, 2025. This results from the current EPS of $0.09 and stock price of $2.44. A decrease of 58% has been seen in the P/E ratio compared to the average of 64.6 of the last 4 quarters.
ZYXI PE ratio history
Over the last eight years, the average PE ratio of Zynex has been 35.31. The current 27.11 PE ratio is 23% below 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: 295.79% in 2010
Maximum annual decrease: -77.32% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 89 | 120.68% | $8.01 | $0.09 |
| 2023 | 40.33 | 27.59% | $10.89 | $0.27 |
| 2022 | 31.61 | 56.95% | $13.91 | $0.44 |
| 2021 | 20.14 | -60.49% | $9.06 | $0.45 |
| 2020 | 50.98 | 85.25% | $12.24 | $0.24 |
| 2019 | 27.52 | 167.7% | $7.16 | $0.26 |
| 2018 | 10.28 | -25.34% | $2.67 | $0.26 |
| 2017 | 13.77 | N/A | $2.89 | $0.21 |
| 2016 | N/A | N/A | $0.27 | $0 |
| 2015 | N/A | N/A | $0.41 | -$0.08 |
| 2014 | N/A | N/A | $0.16 | -$0.18 |
| 2013 | N/A | N/A | $0.34 | -$0.21 |
| 2012 | 12.72 | 2.91% | $0.64 | $0.05 |
| 2011 | 12.36 | -77.32% | $0.62 | $0.05 |
| 2010 | 54.5 | 295.79% | $0.55 | $0.01 |
Zynex PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 89 | 52.68% | $8.01 | $0.09 |
| Sep 2024 | 58.29 | 6.33% | $8.16 | $0.14 |
| Jun 2024 | 54.82 | -2.51% | $9.32 | $0.17 |
| Mar 2024 | 56.23 | 39.42% | $12.37 | $0.22 |
| Dec 2023 | 40.33 | 111.71% | $10.89 | $0.27 |
| Sep 2023 | 19.05 | -10.61% | $8 | $0.42 |
| Jun 2023 | 21.31 | -20.1% | $9.59 | $0.45 |
| Mar 2023 | 26.67 | -15.63% | $12 | $0.45 |
| Dec 2022 | 31.61 | 70.77% | $13.91 | $0.44 |
| Sep 2022 | 18.51 | 20.59% | $9.07 | $0.49 |
| Jun 2022 | 15.35 | 23.19% | $7.98 | $0.52 |
| Mar 2022 | 12.46 | -38.13% | $6.23 | $0.5 |
| Dec 2021 | 20.14 | -51.38% | $9.06 | $0.45 |
| Sep 2021 | 41.42 | -61.86% | $10.36 | $0.25 |
| Jun 2021 | 108.6 | 9.52% | $14.12 | $0.13 |
ZYXI average PE ratio chart
Currently, ZYXI's PE ratio is below the 3, 5 and 10-year 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 | 11.64 | $89.7M |
| ZYXI Zynex Inc | 25.22 | $72.44M |
| MDT Medtronic plc | 26.6 | $112.92B |
| RMTI Rockwell Medical Inc | N/A | $35.08M |
Frequently asked questions
What is Zynex's PE ratio?
ZYXI's price to earnings ratio is 27.11 as of Apr 2, 2025.
What is the 3-year average PE ratio for Zynex (ZYXI)?
The average PE ratio for ZYXI stock over the past 3 years is 39.2.
What is the 5-year average PE ratio for Zynex (ZYXI)?
The average PE ratio for ZYXI stock over the past 5 years is 47.16.
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 23% below 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 (Apr 2, 2025), Zynex's stock price is $2.44. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $0.09. Therefore, Zynex's P/E ratio for today is 27.11. PE RATIO(27.11) = STOCK PRICE($2.44) / TTM EPS($0.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.