GMED Globus Medical PE ratio, current and historical analysis
The price-to-earnings ratio for Globus Medical stock stands at 105.63 as of Feb 21, 2025. This is calculated based on the current EPS of $0.76 and the stock price of $80.28 per share. A decrease of 28% has been recorded in the PE ratio compared to the average of 147.3 of the past four quarters.
GMED PE ratio history
Over the last ten years, the average PE ratio of Globus Medical has been 45.96. The current 105.63 price-to-earnings ratio is 130% more than the historical average. In the past ten years, GMED's PE ratio reached its highest point in the Jun 2024 quarter at 273.96, with a price of $68.49 and an EPS of $0.25. The Sep 2016 quarter saw the lowest point at 18.35, with a price of $22.57 and an EPS of $1.23.
Globus Medical PE ratio by year
Maximum annual increase: 122.6% in 2024
Maximum annual decrease: -26.29% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 108.83 | 122.6% | $82.71 | $0.76 |
| 2023 | 48.89 | 24.4% | $53.29 | $1.09 |
| 2022 | 39.3 | -19.43% | $74.27 | $1.89 |
| 2021 | 48.78 | -22.21% | $72.2 | $1.48 |
| 2020 | 62.71 | 67.23% | $65.22 | $1.04 |
| 2019 | 37.5 | 38.63% | $58.88 | $1.57 |
| 2018 | 27.05 | -26.29% | $43.28 | $1.6 |
| 2017 | 36.7 | 61.25% | $41.1 | $1.12 |
| 2016 | 22.76 | -2.65% | $24.81 | $1.09 |
| 2015 | 23.38 | -3.63% | $27.82 | $1.19 |
| 2014 | 24.26 | -11.04% | $23.77 | $0.98 |
| 2013 | 27.27 | 113.21% | $20.18 | $0.74 |
| 2012 | 12.79 | N/A | $10.49 | $0.82 |
| 2011 | N/A | N/A | N/A | $0.69 |
| 2010 | N/A | N/A | N/A | $0.61 |
Globus Medical PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 108.83 | -5.69% | $82.71 | $0.76 |
| Sep 2024 | 115.39 | -57.88% | $71.54 | $0.62 |
| Jun 2024 | 273.96 | 201.32% | $68.49 | $0.25 |
| Mar 2024 | 90.92 | 85.97% | $53.64 | $0.59 |
| Dec 2023 | 48.89 | 54.62% | $53.29 | $1.09 |
| Sep 2023 | 31.62 | 8.32% | $49.65 | $1.57 |
| Jun 2023 | 29.19 | 3.58% | $59.54 | $2.04 |
| Mar 2023 | 28.18 | -28.3% | $56.64 | $2.01 |
| Dec 2022 | 39.3 | 1.6% | $74.27 | $1.89 |
| Sep 2022 | 38.68 | 5.42% | $59.57 | $1.54 |
| Jun 2022 | 36.69 | -30.38% | $56.14 | $1.53 |
| Mar 2022 | 52.7 | 8.04% | $73.78 | $1.4 |
| Dec 2021 | 48.78 | 19.06% | $72.2 | $1.48 |
| Sep 2021 | 40.97 | -2.24% | $76.62 | $1.87 |
| Jun 2021 | 41.91 | -16.41% | $77.53 | $1.85 |
GMED average PE ratio chart
The current PE ratio of GMED is above its 3, 5 and 10-year historical averages.
GMED PE vs peers
GMED's PE ratio is above its peer stock SYK.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SYK Stryker Corp | 48.7 | $146.06B |
| GMED Globus Medical Inc | 105.63 | $11.04B |
| OFIX Orthofix Medical Inc | N/A | $685.94M |
| ATEC Alphatec Holdings Inc | N/A | $1.5B |
Frequently asked questions
What is Globus Medical's PE ratio?
The price to earnings ratio for GMED stock as of Feb 21, 2025, stands at 105.63.
What is the 3-year average PE ratio for Globus Medical (GMED)?
Over the last 3 years, the average PE ratio for GMED stock is 74.53.
What is the 5-year average PE ratio for Globus Medical (GMED)?
Over the last 5 years, the average PE ratio for GMED stock is 63.59.
What is the highest PE ratio for GMED?
In the last ten years, the Jun 2024 quarter recorded the highest quarterly PE ratio at 273.96.
How does the current PE ratio for GMED compare to its historical average?
The current price to earnings ratio of GMED is 130% higher than the 10-year historical average.
Why is Globus Medical's PE ratio so high?
GMED's PE ratio of 105.63 is considered high because the company's stock price is trading at a higher multiple of earnings.
How is GMED's PE ratio calculated (Globus Medical PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Feb 21, 2025), Globus Medical's stock price is $80.28. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $0.76. Therefore, Globus Medical's price to earnings ratio for today is 105.63. PE RATIO(105.63) = STOCK PRICE($80.28) / TTM EPS($0.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.