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RMD Resmed PE ratio, current and historical analysis

The PE ratio for Resmed stock stands at 24.52 as of Sep 28, 2023. This is calculated based on the TTM EPS of $6.12 and the stock price of $150.05 per share. A decrease of 35% has been observed in the PE ratio compared to its average of 37.8 of the last four quarters.

RMD PE ratio history

How has RMD's PE ratio performed in the past

Over the last ten years, the average PE ratio of Resmed has been 37.34. The current 24.52 P/E ratio is 34% 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 Mar 2014 quarter marked the lowest point at 19.18, with a price of $44.69 and an EPS of $2.33.

Average
37.34
Median
36.31
Minimum
19.18
Maximum
76.39

Resmed PE ratio by year

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%

RMD average PE ratio chart

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
50.16
5-year avg
47.23
10-year avg
37.34
15-year avg
32.15

RMD PE vs peers

What is RMD's PE ratio compared to its peers

RMD's PE ratio stands lower than its peer stocks TMO and MDT. Resmed's current PE ratio of 24.52 is lower than the average of its peers, which is 32.78.

Stock name PE ratio Market cap
RMD Resmed Inc 24.28 $21.85B
ELMD Electromed Inc 27.84 $88.12M
MDT Medtronic plc 28.85 $104.41B
TMO Thermo Fisher Scientific Inc 34.45 $195.72B
MASI Masimo Corp 40.84 $4.75B
INGN Inogen Inc N/A $122.23M

Frequently asked questions

What is Resmed's PE ratio?

RMD's price to earnings ratio is 24.52 as of Sep 28, 2023.

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

As an average over the last 3 years, RMD stock has a PE ratio of 50.16.

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

As an average over the last 5 years, RMD stock has a PE ratio of 47.23.

What is the highest PE ratio for RMD?

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

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

The current PE ratio of RMD is 34% lower than the 10-year historical average.

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

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Sep 28, 2023), Resmed's share price is $150.05. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $6.12. Therefore, Resmed's PE ratio for today is 24.52. PE RATIO(24.52) = STOCK PRICE($150.05) / TTM EPS($6.12)

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