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SYK Stryker PE ratio, current and historical analysis

As of Mar 28, 2024, the Stryker stock's PE ratio is 42.91. This results from the current EPS of $8.34 and stock price of $357.87. The P/E ratio has an increase of 7% from the past four quarters average of 40.0.

SYK PE ratio history

How has SYK's PE ratio performed in the past

The PE ratio of Stryker has averaged 39.9 over the last ten years. The current PE ratio of 42.91 is 8% above 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.

Average
39.9
Median
39.59
Minimum
16.5
Maximum
69.36

Stryker PE ratio by year

Maximum annual increase: 145.52% in 2014

Maximum annual decrease: -70.91% in 2018

Year PE ratio Change
2023 35.91 -8.49%
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%

SYK average PE ratio chart

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

Currently, SYK's PE ratio is greater than its 5 and 10-year historical averages, but it is below the 3-year average.

3-year avg
44.25
5-year avg
40.38
10-year avg
39.9
15-year avg
32.54

SYK PE vs peers

What is SYK's PE ratio compared to its peers

SYK's PE ratio is lower than its peer stocks BSX and GMED, but it is greater than JNJ's and MDT's. Stryker is presently trading at a higher PE ratio (42.91) than its peer group average of 34.75.

Stock name PE ratio Market cap
BAX Baxter International Inc 8.14 $21.7B
JNJ Johnson & Johnson 11.4 $381.04B
MDT Medtronic plc 27.67 $115.72B
WAT Waters Corp 31.67 $20.38B
CNMD CONMED Corp 38.13 $2.46B
EW Edwards Lifesciences Corp 41.37 $57.43B
IART Integra Lifesciences Holdings Corp 41.71 $2.77B
SYK Stryker Corp 42.91 $136.09B
GMED Globus Medical Inc 49.21 $7.26B
BSX Boston Scientific Corp 63.42 $100.48B

Frequently asked questions

What is Stryker's PE ratio?

SYK stock has a price to earnings ratio of 42.91 as of Mar 28, 2024.

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

The average PE ratio for SYK stock over the past 3 years is 44.25.

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

The average PE ratio for SYK stock over the past 5 years is 40.38.

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 8% above 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 (Mar 28, 2024), Stryker's stock price is $357.87. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $8.34. Therefore, Stryker's P/E ratio for today is 42.91. PE RATIO(42.91) = STOCK PRICE($357.87) / TTM EPS($8.34)

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