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SYK Stryker PE ratio, current and historical analysis

As of Oct 2, 2023, the Stryker stock's PE ratio is 38.3. This results from the current EPS of $7.15 and stock price of $273.84. The current PE ratio is nearly equal to the average from the previous four quarters.

SYK PE ratio history

How has SYK's PE ratio performed in the past

The PE ratio of Stryker has averaged 39.7 over the last ten years. The current PE ratio of 38.3 is 3.5% below the historical average. Over the past ten years, SYK's PE ratio was at its highest in the Dec 2014 quarter at 69.36, when the stock price was $94.33 and the EPS was $1.36. The lowest value was in the Dec 2018 quarter, when it reached 16.5 with a price of $156.75 and an EPS of $9.5.


Stryker PE ratio by year

Maximum annual increase: 145.52% in 2014

Maximum annual decrease: -70.91% in 2018

Year PE ratio Change
2022 39.24 -22.37%
2021 50.55 -12.12%
2020 57.52 52.61%
2019 37.69 128.42%
2018 16.5 -70.91%
2017 56.72 108.3%
2016 27.23 11.92%
2015 24.33 -64.92%
2014 69.36 145.52%
2013 28.25 75.68%

SYK average PE ratio chart

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

Currently, SYK's PE ratio is below the 3, 5 and 10-year averages.

3-year avg
5-year avg
10-year avg
15-year avg

SYK PE vs peers

What is SYK's PE ratio compared to its peers

SYK's PE ratio is lower than its peer stock BSX, but it is greater than JNJ's and MDT's. Stryker is presently trading at a higher PE ratio (38.3) than its peer group average of 35.51.

Stock name PE ratio Market cap
WAT Waters Corp 23.45 $15.79B
IART Integra Lifesciences Holdings Corp 23.64 $3.06B
GMED Globus Medical Inc 25.25 $5.17B
MDT Medtronic plc 27.98 $101.25B
EW Edwards Lifesciences Corp 30.74 $42.41B
JNJ Johnson & Johnson 30.98 $401.8B
CNMD CONMED Corp 33.95 $3.06B
SYK Stryker Corp 37.09 $100.71B
BSX Boston Scientific Corp 85.52 $75.13B
BAX Baxter International Inc N/A $18.62B

Frequently asked questions

What is Stryker's PE ratio?

SYK stock has a price to earnings ratio of 38.3 as of Oct 2, 2023.

What is the 3-year average PE ratio for Stryker (SYK)?

The average PE ratio for SYK stock over the past 3 years is 46.59.

What is the 5-year average PE ratio for Stryker (SYK)?

The average PE ratio for SYK stock over the past 5 years is 39.37.

What is the highest PE ratio for SYK?

Over the last ten years, the quarterly PE ratio reached a historic high of 69.36 in the Dec 2014 quarter.

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

SYK's price to earnings ratio is currently 3.5% below its 10-year historical average.

How is SYK's PE ratio calculated (Stryker PE ratio formula)?

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Oct 2, 2023), Stryker's stock price is $273.84. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $7.15. Therefore, Stryker's P/E ratio for today is 38.3. PE RATIO(38.3) = STOCK PRICE($273.84) / TTM EPS($7.15)

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