SYK Stryker PE ratio, current and historical analysis
As of Nov 21, 2024, the Stryker stock's PE ratio is 41.37. This results from the current EPS of $9.43 and stock price of $390.14. The P/E ratio has an increase of 9% from the past four quarters average of 38.0.
SYK PE ratio history
The PE ratio of Stryker has averaged 39.47 over the last ten years. The current PE ratio of 41.37 is 4.8% 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.
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
Currently, SYK's PE ratio is greater than its 3 and 10-year historical averages, but it is below the 5-year average.
SYK PE vs peers
SYK's PE ratio is lower than its peer stocks BSX and BAX, but it is greater than JNJ's and MDT's. Stryker is presently trading at a higher PE ratio (41.37) than its peer group average of 31.86.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EW Edwards Lifesciences Corp | 10.14 | $41.51B |
| CNMD CONMED Corp | 16.75 | $2.22B |
| JNJ Johnson & Johnson | 25.79 | $374.39B |
| MDT Medtronic plc | 28.44 | $108.68B |
| WAT Waters Corp | 35.06 | $21.88B |
| SYK Stryker Corp | 41.37 | $148.73B |
| BSX Boston Scientific Corp | 75 | $134.86B |
| GMED Globus Medical Inc | 136.95 | $11.56B |
| BAX Baxter International Inc | 157.1 | $16.84B |
| IART Integra Lifesciences Holdings Corp | N/A | $1.77B |
Frequently asked questions
What is Stryker's PE ratio?
SYK stock has a price to earnings ratio of 41.37 as of Nov 21, 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 40.27.
What is the 5-year average PE ratio for Stryker (SYK)?
The average PE ratio for SYK stock over the past 5 years is 42.88.
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 4.8% 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 (Nov 21, 2024), Stryker's stock price is $390.14. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $9.43. Therefore, Stryker's P/E ratio for today is 41.37. PE RATIO(41.37) = STOCK PRICE($390.14) / TTM EPS($9.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.