As of Jul 25, 2024, the Stryker stock's PE ratio is 37.0. This results from the current EPS of $8.85 and stock price of $327.44. The P/E ratio has a decrease of 7% from the past four quarters average of 39.8.
The PE ratio of Stryker has averaged 39.75 over the last ten years. The current PE ratio of 37.0 is 7% 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 |
|---|---|---|
| 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 below the 3, 5 and 10-year averages.
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 (37.0) than its peer group average of 31.43.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BAX Baxter International Inc | 6.79 | $18.1B |
| JNJ Johnson & Johnson | 10.55 | $386.7B |
| CNMD CONMED Corp | 26.39 | $2.19B |
| EW Edwards Lifesciences Corp | 26.77 | $37.55B |
| MDT Medtronic plc | 28.41 | $100.91B |
| WAT Waters Corp | 31.14 | $18.86B |
| SYK Stryker Corp | 37.48 | $126.35B |
| IART Integra Lifesciences Holdings Corp | 61.67 | $2.48B |
| BSX Boston Scientific Corp | 62.43 | $110.15B |
| GMED Globus Medical Inc | 121.85 | $9.71B |
SYK stock has a price to earnings ratio of 37 as of Jul 25, 2024.
The average PE ratio for SYK stock over the past 3 years is 41.78.
The average PE ratio for SYK stock over the past 5 years is 42.39.
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 7% 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 (Jul 25, 2024), Stryker's stock price is $327.44. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.85. Therefore, Stryker's P/E ratio for today is 37. PE RATIO(37) = STOCK PRICE($327.44) / TTM EPS($8.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.