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BAX Baxter International PE ratio, current and historical analysis

The current PE ratio for Baxter International stock as of May 24, 2024 is 6.48. This is calculated based on the current EPS of $5.23 and the stock price of $33.9 per share.

BAX PE ratio history

How has BAX's PE ratio performed in the past

The average historical PE ratio of Baxter International for the last ten years is 27.36. The current PE ratio of 6.48 is 76% 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.

Average
27.36
Median
30.37
Minimum
4.88
Maximum
58.23

Baxter International PE ratio by year

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%

BAX average PE ratio chart

What is the average PE ratio of BAX for the past years

Currently, BAX's PE ratio is lower than the 3, 5 and 10-year averages.

3-year avg
24.31
5-year avg
31.94
10-year avg
27.36
15-year avg
23.48

BAX PE vs peers

What is BAX's PE ratio compared to its peers

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 39.28.

Stock name PE ratio Market cap
BAX Baxter International Inc 6.48 $17.27B
HALO Halozyme Therapeutics Inc 17.89 $5.58B
MDT Medtronic plc 26.12 $109.27B
TMO Thermo Fisher Scientific Inc 37.32 $222.94B
SYK Stryker Corp 37.91 $127.82B
CAH Cardinal Health Inc 42.28 $23.48B
BDX Becton Dickinson & Co 50.39 $66.12B
BSX Boston Scientific Corp 63.03 $111.19B
OMI Owens & Minor Inc N/A $1.34B
ICUI Icu Medical Inc N/A $2.48B

Frequently asked questions

What is Baxter International's PE ratio?

The price to earnings ratio for BAX stock is 6.48 as of May 24, 2024.

What is the 3-year average PE ratio for Baxter International (BAX)?

As an average over the last 3 years, BAX stock has a PE ratio of 24.31.

What is the 5-year average PE ratio for Baxter International (BAX)?

As an average over the last 5 years, BAX stock has a PE ratio of 31.94.

What is the highest PE ratio for BAX?

The highest quarterly PE ratio in the last ten years has been 58.23 and it was in the Dec 2017 quarter.

How does the current PE ratio for BAX compare to its historical average?

The current price to earnings ratio of BAX is 76% lower than the 10-year historical average.

Why is Baxter International's PE ratio so low?

A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.

How is BAX's PE ratio calculated (Baxter International PE ratio formula)?

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 24, 2024), Baxter International's stock price is $33.9. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.23. Therefore, Baxter International's P/E ratio for today is 6.48. PE RATIO(6.48) = STOCK PRICE($33.9) / TTM EPS($5.23)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.