BAX Baxter International PE ratio, current and historical analysis
The current PE ratio for Baxter International stock as of Feb 11, 2025 is 145.71. This is calculated based on the current EPS of $0.21 and the stock price of $30.6 per share. The P/E ratio has an increase of 187% from the past four quarters average of 50.8.
BAX PE ratio history
The average historical PE ratio of Baxter International for the last ten years is 31.87. The current PE ratio of 145.71 is comparable to the historical average. In the past ten years, BAX's PE ratio was at its highest in the Sep 2024 quarter at 180.81, when the stock price was $37.97 and the EPS was $0.21. 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.
Baxter International PE ratio by year
Maximum annual increase: 1,093.24% in 2017
Maximum annual decrease: -77.23% in 2016
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 7.36 | N/A | $38.66 | $5.25 |
| 2022 | N/A | N/A | $50.97 | -$4.83 |
| 2021 | 33.53 | -9.33% | $85.84 | $2.56 |
| 2020 | 36.98 | -12.89% | $80.24 | $2.17 |
| 2019 | 42.45 | 87% | $83.62 | $1.97 |
| 2018 | 22.7 | -61.02% | $65.82 | $2.9 |
| 2017 | 58.23 | 1,093.24% | $64.64 | $1.11 |
| 2016 | 4.88 | -77.23% | $44.34 | $9.09 |
| 2015 | 21.43 | 34.78% | $38.15 | $1.78 |
| 2014 | 15.9 | -15.43% | $73.29 | $4.61 |
| 2013 | 18.8 | 18.99% | $69.55 | $3.7 |
| 2012 | 15.8 | 24.9% | $66.66 | $4.22 |
| 2011 | 12.65 | -39.76% | $49.48 | $3.91 |
| 2010 | 21 | 29.87% | $50.62 | $2.41 |
| 2009 | 16.17 | -2.82% | $58.68 | $3.63 |
Baxter International PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 180.81 | 2,543.42% | $37.97 | $0.21 |
| Jun 2024 | 6.84 | -16.28% | $33.45 | $4.89 |
| Mar 2024 | 8.17 | 11.01% | $42.74 | $5.23 |
| Dec 2023 | 7.36 | 0% | $38.66 | $5.25 |
| Sep 2023 | 7.36 | N/A | $37.74 | $5.13 |
| Jun 2023 | N/A | N/A | $45.56 | -$5.65 |
| Mar 2023 | N/A | N/A | $40.56 | -$4.87 |
| Dec 2022 | N/A | N/A | $50.97 | -$4.83 |
| Sep 2022 | N/A | N/A | $53.86 | -$4.71 |
| Jun 2022 | 31.8 | -13.47% | $64.23 | $2.02 |
| Mar 2022 | 36.75 | 9.6% | $77.54 | $2.11 |
| Dec 2021 | 33.53 | 0.87% | $85.84 | $2.56 |
| Sep 2021 | 33.24 | -8.33% | $80.43 | $2.42 |
| Jun 2021 | 36.26 | -9.28% | $80.5 | $2.22 |
| Mar 2021 | 39.97 | 8.09% | $84.34 | $2.11 |
BAX average PE ratio chart
Currently, BAX's PE ratio is greater than its 3, 5 and 10-year historical averages.
BAX PE vs peers
Compared to its peer stocks TMO and BSX, BAX's PE ratio stands higher. Baxter International's current PE ratio of 145.71 is comparable to the average of its peer group, which is 38.73.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HALO Halozyme Therapeutics Inc | 18.93 | $7.39B |
| CAH Cardinal Health Inc | 23.57 | $30.69B |
| MDT Medtronic plc | 27.77 | $117.14B |
| TMO Thermo Fisher Scientific Inc | 33.65 | $205.79B |
| BDX Becton Dickinson & Co | 37.89 | $64.85B |
| SYK Stryker Corp | 40.89 | $147.01B |
| BSX Boston Scientific Corp | 86.7 | $155.89B |
| BAX Baxter International Inc | 144.24 | $15.47B |
| OMI Owens & Minor Inc | N/A | $631.52M |
| ICUI Icu Medical Inc | N/A | $3.84B |
Frequently asked questions
What is Baxter International's PE ratio?
The price to earnings ratio for BAX stock is 145.71 as of Feb 11, 2025.
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 39.87.
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 39.56.
What is the highest PE ratio for BAX?
The highest quarterly PE ratio in the last ten years has been 180.81 and it was in the Sep 2024 quarter.
How does the current PE ratio for BAX compare to its historical average?
The current price to earnings ratio of BAX is 357% higher than the 10-year historical average.
Why is Baxter International's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
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 (Feb 11, 2025), Baxter International's stock price is $30.6. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.21. Therefore, Baxter International's P/E ratio for today is 145.71. PE RATIO(145.71) = STOCK PRICE($30.6) / TTM EPS($0.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.