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RMD Resmed PE ratio, current and historical analysis

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.

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 37.82. 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

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
45.23
5-year avg
45.43
10-year avg
37.82
15-year avg
32.32

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 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

Frequently asked questions

What is Resmed's PE ratio?

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

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 45.23.

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 45.43.

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 17% 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 (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.