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SYK Stryker PE ratio, current and historical analysis

As of Apr 16, 2024, the Stryker stock's PE ratio is 40.49. This results from the current EPS of $8.34 and stock price of $337.66. 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 39.9 over the last ten years. The current PE ratio of 40.49 is comparable to 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
39.24
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 10-year historical average, but it is below the 3 and 5-year averages.

3-year avg
42.37
5-year avg
41.4
10-year avg
39.9
15-year avg
32.89

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 (40.49) than its peer group average of 32.87.

Stock name PE ratio Market cap
BAX Baxter International Inc 7.54 $20.09B
JNJ Johnson & Johnson 10.41 $347.95B
MDT Medtronic plc 25.16 $105.23B
WAT Waters Corp 28.86 $18.57B
CNMD CONMED Corp 36.89 $2.38B
IART Integra Lifesciences Holdings Corp 37.44 $2.49B
EW Edwards Lifesciences Corp 38.98 $54.12B
SYK Stryker Corp 40.49 $128.4B
GMED Globus Medical Inc 47.51 $7.01B
BSX Boston Scientific Corp 63.07 $99.94B

Frequently asked questions

What is Stryker's PE ratio?

SYK stock has a price to earnings ratio of 40.49 as of Apr 16, 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 42.37.

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

The average PE ratio for SYK stock over the past 5 years is 41.4.

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 1.5% 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 (Apr 16, 2024), Stryker's stock price is $337.66. 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 40.49. PE RATIO(40.49) = STOCK PRICE($337.66) / TTM EPS($8.34)

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