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.
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.
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% |
Currently, SYK's PE ratio is below the 3, 5 and 10-year averages.
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 |
SYK stock has a price to earnings ratio of 38.3 as of Oct 2, 2023.
The average PE ratio for SYK stock over the past 3 years is 46.59.
The average PE ratio for SYK stock over the past 5 years is 39.37.
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 3.5% below 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 (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.