Back to RMD overview
#
RMD Resmed
PE ratio, current and historical analysis

## RMD PE ratio history

### Resmed PE ratio by year

## RMD average PE ratio chart

## RMD PE vs peers

## Frequently asked questions

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What is Resmed's PE ratio?

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What is the 3-year average PE ratio for Resmed (RMD)?

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What is the 5-year average PE ratio for Resmed (RMD)?

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What is the highest PE ratio for RMD?

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

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How is RMD's PE ratio calculated (Resmed PE ratio formula)?

The PE ratio for Resmed stock stands at 31.57 as of Jun 21, 2024. This is calculated based on the TTM EPS of $6.52 and the stock price of $205.83 per share. An increase of 7% has been observed in the PE ratio compared to its average of 29.6 of the last four quarters.

How has RMD's PE ratio performed in the past

Over the last ten years, the average PE ratio of Resmed has been 37.82. The current 31.57 P/E ratio is 17% lower than the historical average. Looking back at the last ten years, RMD's PE ratio peaked in the Sep 2021 quarter at 76.39, with a price of $263.55 and an EPS of $3.45. The Sep 2014 quarter marked the lowest point at 20.03, with a price of $49.27 and an EPS of $2.46.

Average

37.82

Median

36.31

Minimum

20.03

Maximum

76.39

Maximum annual increase: 69.23% in 2021

Maximum annual decrease: -47.92% in 2022

Year | PE ratio | Change |
---|---|---|

2023 | 35.7 | -9.07% |

2022 | 39.26 | -47.92% |

2021 | 75.39 | 69.23% |

2020 | 44.55 | 3.32% |

2019 | 43.12 | -8% |

2018 | 46.87 | 45.65% |

2017 | 32.18 | 27.75% |

2016 | 25.19 | 12.15% |

2015 | 22.46 | 8.24% |

2014 | 20.75 | -1.14% |

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

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

3-year avg

45.23

5-year avg

45.43

10-year avg

37.82

15-year avg

32.32

What is RMD's PE ratio compared to its peers

RMD's PE ratio stands lower than its peer stocks TMO and MASI, but it is higher than MDT's and ELMD's. Resmed's current PE ratio of 31.57 is lower than the average of its peers, which is 45.27.

Stock name | PE ratio | Market cap |
---|---|---|

ELMD Electromed Inc | 28.08 | $123.95M |

MDT Medtronic plc | 29.47 | $104.68B |

RMD Resmed Inc | 31.57 | $30.24B |

TMO Thermo Fisher Scientific Inc | 36.08 | $215.52B |

MASI Masimo Corp | 87.45 | $6.96B |

INGN Inogen Inc | N/A | $192.15M |

RMD's price to earnings ratio is 31.57 as of Jun 21, 2024.

As an average over the last 3 years, RMD stock has a PE ratio of 45.23.

As an average over the last 5 years, RMD stock has a PE ratio of 45.43.

Over the last ten years, the Sep 2021 quarter recorded the highest quarterly PE ratio at 76.39.

The current PE ratio of RMD is 17% lower than the 10-year historical average.

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 21, 2024), Resmed's share price is $205.83. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.52. Therefore, Resmed's PE ratio for today is 31.57. `PE RATIO(31.57) = STOCK PRICE($205.83) / TTM EPS($6.52)`

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