The current price-to-earnings ratio for Boston Scientific stock as of Jul 25, 2024 is 61.88. This is calculated based on the current EPS of $1.2 and the stock price of $74.26 per share. The P/E ratio has decreased by 7% from the past four quarters average of 66.3.
The average historical PE ratio of Boston Scientific for the last ten years is 93.4. The current PE ratio of 61.88 is 34% below the historical average. In the past ten years, BSX's PE ratio was at its highest in the Sep 2016 quarter at 396.67, when the stock price was $23.8 and the EPS was $0.06. The lowest value was in the Mar 2020 quarter, when it reached 10.59 with a price of $32.63 and an EPS of $3.08.
Maximum annual increase: 272.5% in 2017
Maximum annual decrease: -90.57% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 53.53 | -47.94% |
| 2022 | 102.82 | 67% |
| 2021 | 61.57 | N/A |
| 2020 | N/A | N/A |
| 2019 | 13.38 | -54.19% |
| 2018 | 29.21 | -90.57% |
| 2017 | 309.88 | 272.5% |
| 2016 | 83.19 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
The current PE ratio of BSX is lower than the 3, 5 and 10-year averages.
BSX's PE ratio is higher than its peer stocks SYK and MDT. Boston Scientific's current PE ratio of 61.88 is above the average of its peers, which is 33.45.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CNMD CONMED Corp | 26.39 | $2.19B |
| EW Edwards Lifesciences Corp | 26.77 | $37.55B |
| MDT Medtronic plc | 28.41 | $100.91B |
| TFX Teleflex Inc | 35.14 | $10.38B |
| SYK Stryker Corp | 37.48 | $126.35B |
| MMSI Merit Medical Systems Inc | 48.27 | $4.96B |
| BSX Boston Scientific Corp | 62.43 | $110.15B |
| ANGO Angiodynamics Inc | N/A | $306.02M |
As of Jul 25, 2024, BSX stock has a price to earnings ratio of 61.88.
As an average over the last 3 years, BSX stock has a PE ratio of 74.16.
As an average over the last 5 years, BSX stock has a PE ratio of 72.75.
Over the last ten years, the quarterly PE ratio reached a historic high of 396.67 in the Sep 2016 quarter.
The current price to earnings ratio of BSX is 34% lower than the 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Boston Scientific's stock price is $74.26. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.2. Therefore, Boston Scientific's P/E ratio for today is 61.88. PE RATIO(61.88) = STOCK PRICE($74.26) / TTM EPS($1.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.