The current PE ratio for Baxter International stock as of Apr 26, 2024 is 7.64. This is calculated based on the current EPS of $5.25 and the stock price of $40.13 per share.
The average historical PE ratio of Baxter International for the last ten years is 27.9. The current PE ratio of 7.64 is 73% below the historical average. In the past ten years, BAX's PE ratio was at its highest in the Dec 2017 quarter at 58.23, when the stock price was $64.64 and the EPS was $1.11. The lowest value was in the Dec 2016 quarter, when it reached 4.88 with a price of $44.34 and an EPS of $9.09.
Maximum annual increase: 1,093.24% in 2017
Maximum annual decrease: -77.23% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.36 | N/A |
| 2022 | N/A | N/A |
| 2021 | 33.53 | -9.33% |
| 2020 | 36.98 | -12.89% |
| 2019 | 42.45 | 87% |
| 2018 | 22.7 | -61.02% |
| 2017 | 58.23 | 1,093.24% |
| 2016 | 4.88 | -77.23% |
| 2015 | 21.43 | 34.78% |
| 2014 | 15.9 | -15.43% |
Currently, BAX's PE ratio is lower than the 3, 5 and 10-year averages.
Compared to its peer stocks TMO and SYK, BAX's PE ratio stands lower. Baxter International's PE ratio is trading below the peer group average of 40.47.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BAX Baxter International Inc | 7.64 | $20.38B |
| HALO Halozyme Therapeutics Inc | 18.11 | $4.89B |
| MDT Medtronic plc | 25.31 | $105.88B |
| TMO Thermo Fisher Scientific Inc | 36.96 | $218.72B |
| CAH Cardinal Health Inc | 40.16 | $25.1B |
| SYK Stryker Corp | 40.24 | $127.62B |
| BDX Becton Dickinson & Co | 54.74 | $66.9B |
| BSX Boston Scientific Corp | 67.75 | $107.35B |
| OMI Owens & Minor Inc | N/A | $1.92B |
| ICUI Icu Medical Inc | N/A | $2.29B |
The price to earnings ratio for BAX stock is 7.64 as of Apr 26, 2024.
As an average over the last 3 years, BAX stock has a PE ratio of 26.61.
As an average over the last 5 years, BAX stock has a PE ratio of 33.53.
The highest quarterly PE ratio in the last ten years has been 58.23 and it was in the Dec 2017 quarter.
The current price to earnings ratio of BAX is 73% lower than the 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), Baxter International's stock price is $40.13. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $5.25. Therefore, Baxter International's P/E ratio for today is 7.64. PE RATIO(7.64) = STOCK PRICE($40.13) / TTM EPS($5.25)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.