INSP
Inspire Medical Systems
PE ratio, current and historical analysis
- Stocks
- Healthcare
- NYSE: INSP
- PE Ratio
The price-to-earnings ratio for Inspire Medical Systems stock stands at 9.07 as of Jun 3, 2026. This is based on the current EPS of $4.46 and the stock price of $40.44 per share. A decrease of 76% has been recorded in the P/E ratio compared to the average of 38.0 of the last 4 quarters.
INSP PE ratio history
Over the last two years, the average PE ratio of Inspire Medical Systems has been 143.96. The current 9.07 PE ratio is 94% below the historical average. In the past two years, INSP's PE ratio was at its highest in the Jun 2024 quarter at 637.29, with a price of $133.83 and an EPS of $0.21. The Mar 2026 quarter recorded the bottom point at 11.57, with a price of $51.58 and an EPS of $4.46.
Inspire Medical Systems PE ratio by year
Maximum annual decrease: -81.91% in 2025
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 18.63 | -81.91% | $92.23 | $4.95 |
| 2024 | 102.99 | N/A | $185.38 | $1.8 |
| 2023 | N/A | N/A | $203.43 | -$0.72 |
| 2022 | N/A | N/A | $251.88 | -$1.6 |
| 2021 | N/A | N/A | $230.06 | -$1.54 |
| 2020 | N/A | N/A | $188.09 | -$2.19 |
| 2019 | N/A | N/A | $74.21 | -$1.4 |
| 2018 | N/A | N/A | $42.25 | -$1.5 |
| 2017 | N/A | N/A | N/A | -$14.88 |
| 2016 | N/A | N/A | N/A | -$16.9 |
| 2015 | N/A | N/A | N/A | -$20.74 |
Inspire Medical Systems PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 11.57 | -37.9% | $51.58 | $4.46 |
| Dec 2025 | 18.63 | -62.09% | $92.23 | $4.95 |
| Sep 2025 | 49.14 | -32.22% | $74.2 | $1.51 |
| Jun 2025 | 72.5 | 1.95% | $129.77 | $1.79 |
| Mar 2025 | 71.11 | -30.95% | $159.28 | $2.24 |
| Dec 2024 | 102.99 | -45.35% | $185.38 | $1.8 |
| Sep 2024 | 188.44 | -70.43% | $211.05 | $1.12 |
| Jun 2024 | 637.29 | N/A | $133.83 | $0.21 |
| Mar 2024 | N/A | N/A | $214.79 | -$0.53 |
| Dec 2023 | N/A | N/A | $203.43 | -$0.72 |
| Sep 2023 | N/A | N/A | $198.44 | -$1.1 |
| Jun 2023 | N/A | N/A | $324.64 | -$1.41 |
| Mar 2023 | N/A | N/A | $234.07 | -$1.53 |
| Dec 2022 | N/A | N/A | $251.88 | -$1.6 |
| Sep 2022 | N/A | N/A | $177.37 | -$1.82 |
INSP Price vs fair value
INSP average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, INSP's PE ratio is lower than the 3 and 5-year averages.
PE comparison
Inspire Medical Systems's P/E of 9.07 is below the Healthcare sector and the industry average. Compared to its Healthcare sector average of 23.02, Inspire Medical Systems's P/E is 61% lower.
INSP PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| INSP Inspire Medical Systems Inc | 9.46 | $1.22B |
| OFIX Orthofix Medical Inc | N/A | $416.75M |
Frequently asked questions
What is Inspire Medical Systems's PE ratio?
The price to earnings ratio for INSP stock is 9.07 as of Jun 3, 2026.
What is the 3-year average PE ratio for Inspire Medical Systems (INSP)?
Over the last 3 years, the average price to earnings ratio for INSP stock is 143.96.
What is the 5-year average PE ratio for Inspire Medical Systems (INSP)?
Over the last 5 years, the average price to earnings ratio for INSP stock is 143.96.
What is the highest PE ratio for INSP?
In the last two years, the Jun 2024 quarter recorded the highest quarterly PE ratio at 637.29.
How does the current PE ratio for INSP compare to its historical average?
INSP's current price to earnings ratio is 94% below its 2-year historical average.
Why is Inspire Medical Systems's PE ratio so low?
INSP's PE ratio of 9.07 is considered low because the company's stock price is trading at a lower multiple of earnings.
How is INSP's PE ratio calculated (Inspire Medical Systems PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 3, 2026), Inspire Medical Systems's stock price is $40.44. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $4.46. Therefore, Inspire Medical Systems's P/E ratio for today is 9.07. PE RATIO(9.07) = STOCK PRICE($40.44) / TTM EPS($4.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.