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.
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.
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% |
Currently, SYK's PE ratio is greater than its 5 and 10-year historical averages, but it is below the 3-year average.
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 |
SYK stock has a price to earnings ratio of 42.91 as of Mar 28, 2024.
The average PE ratio for SYK stock over the past 3 years is 44.25.
The average PE ratio for SYK stock over the past 5 years is 40.38.
Over the last ten years, the quarterly PE ratio reached a historic high of 69.36 in the Dec 2014 quarter.
SYK's price to earnings ratio is currently 8% above its 10-year historical average.
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.