As of May 3, 2024, the Zimmer Biomet Holdings stock's PE ratio is 26.22. This results from the current EPS of $4.64 and stock price of $121.66. The PE ratio has decreased by 36% from the past four quarters average of 40.9.
The PE ratio of Zimmer Biomet Holdings has averaged 77.75 over the last ten years. The current P/E ratio of 26.22 is 66% lower than the historical average. In the past ten years, ZBH's PE ratio peaked in the Jun 2020 quarter at 596.8, when the stock price was $119.36 and the EPS was $0.2. The lowest point was in the Mar 2018 quarter, when it reached 13.06 with a price of $109.04 and an EPS of $8.35.
Maximum annual increase: 394.1% in 2015
Maximum annual decrease: -80.07% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 24.79 | -78.61% |
| 2022 | 115.91 | 76.1% |
| 2021 | 65.82 | N/A |
| 2020 | N/A | N/A |
| 2019 | 27.12 | N/A |
| 2018 | N/A | N/A |
| 2017 | 13.44 | -80.07% |
| 2016 | 67.45 | -48.72% |
| 2015 | 131.53 | 394.1% |
| 2014 | 26.62 | 31.39% |
Currently, ZBH's PE ratio is lower than the 3, 5 and 10-year averages.
ZBH's PE ratio stands lower than its peer stocks SYK and BSX. Zimmer Biomet Holdings is presently trading at a lower PE ratio (26.22) than its peer group average of 49.02.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ZBH Zimmer Biomet Holdings Inc | 26.22 | $25.03B |
| EW Edwards Lifesciences Corp | 36.59 | $51.32B |
| SYK Stryker Corp | 37.11 | $125.12B |
| BSX Boston Scientific Corp | 60.71 | $107.1B |
| COO Cooper Companies Inc | 61.66 | $18.02B |
ZBH stock has a price to earnings ratio of 26.22 as of May 3, 2024.
The average PE ratio for ZBH stock over the past 3 years is 64.66.
The average PE ratio for ZBH stock over the past 5 years is 94.55.
Over the last ten years, the quarterly PE ratio reached a historic high of 596.8 in the Jun 2020 quarter.
ZBH's price to earnings ratio is currently 66% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Zimmer Biomet Holdings's stock price is $121.66. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.64. Therefore, Zimmer Biomet Holdings's PE ratio for today is 26.22. PE RATIO(26.22) = STOCK PRICE($121.66) / TTM EPS($4.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.