As of Dec 20, 2024, the Thermo Fisher Scientific stock's P/E ratio is 32.77. This takes into account the latest EPS of $15.99 and stock price of $524.05. The PE ratio has decreased by 9% from its last 4 quarters average of 36.0.
The PE ratio of Thermo Fisher Scientific has averaged 31.48 over the last ten years. The current price-to-earnings ratio of 32.77 is 4.1% more than the historical average. Analyzing the last ten years, TMO's PE ratio reached its highest point in the Sep 2024 quarter at 38.43, when the price was $614.42 and the EPS was $15.99. The lowest point was recorded in the Apr 2021 quarter, when it reached 22.78 with a price of $456.3 and an EPS of $20.03.
Maximum annual increase: 22.17% in 2017
Maximum annual decrease: -17.66% in 2020
Year | PE ratio | Change |
---|---|---|
2023 | 34.2 | 10.25% |
2022 | 31.02 | -8.79% |
2021 | 34.01 | 17.48% |
2020 | 28.95 | -17.66% |
2019 | 35.16 | 14.86% |
2018 | 30.61 | -9.09% |
2017 | 33.67 | 22.17% |
2016 | 27.56 | -3.64% |
2015 | 28.6 | 8.66% |
2014 | 26.32 | -16.55% |
Currently, TMO's PE ratio is above its 5 and 10-year averages, but it is under its 3-year average.
When compared to its peers ISRG and DHR, TMO's PE ratio is lower, but it is higher than GE's and A's. Thermo Fisher Scientific's PE ratio is trading below the peer average of 39.94.
Stock name | PE ratio | Market cap |
---|---|---|
BRKR Bruker Corp | 27.4 | $8.64B |
A Agilent Technologies Inc | 27.79 | $38.65B |
GE General Electric Co | 29.33 | $182.23B |
TMO Thermo Fisher Scientific Inc | 32.77 | $200.45B |
WAT Waters Corp | 35.03 | $21.86B |
TFX Teleflex Inc | 35.21 | $8.27B |
BDX Becton Dickinson & Co | 38.72 | $65.83B |
DHR Danaher Corp | 43.2 | $165.08B |
ISRG Intuitive Surgical Inc | 82.85 | $186.79B |
BAX Baxter International Inc | 140.48 | $15.06B |
BIO Bio-Rad Laboratories Inc | N/A | $9.17B |
The price to earnings ratio for TMO stock as of Dec 20, 2024, stands at 32.77.
As an average over the last 3 years, TMO stock has a PE ratio of 33.55.
As an average over the last 5 years, TMO stock has a PE ratio of 32.07.
The highest quarterly PE ratio in the last ten years has been 38.43 and it was in the Sep 2024 quarter.
TMO's price to earnings ratio is currently 4.1% above its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), Thermo Fisher Scientific's share price is $524.05. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $15.99. Therefore, Thermo Fisher Scientific's price to earnings ratio for today is 32.77. PE RATIO(32.77) = STOCK PRICE($524.05) / TTM EPS($15.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.