Baxter
BAX
#2036
Rank
A$14.03 B
Marketcap
A$27.17
Share price
4.37%
Change (1 day)
-40.57%
Change (1 year)

Baxter International is a US company operating worldwide in the pharmaceutical and medical technology sectors. The company produces drugs for anesthesiology and intensive care medicine, vaccines and medical devices.

P/E ratio for Baxter (BAX)

P/E ratio as of June 2026 (TTM): -9.08

According to Baxter's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.08451. At the end of 2025 the company had a P/E ratio of -8.97.

P/E ratio history for Baxter from 2001 to 2026

PE ratio at the end of each year

Year P/E ratio Change
2025-8.97-59.93%
2024-22.4-417.69%
20237.05-171.98%
2022-9.79-132.02%
202130.6-8.47%
202033.4
201819.0-55.32%
201742.6
201518.3154.23%
20147.21-12.81%
20138.2722.36%
20126.7628.26%
20115.27

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Medtronic
MDT
22.8-351.22%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
Thermo Fisher Scientific
TMO
26.5-391.22%๐Ÿ‡บ๐Ÿ‡ธ USA
Becton Dickinson
BDX
27.4-401.52%๐Ÿ‡บ๐Ÿ‡ธ USA
Boston Scientific
BSX
20.4-324.05%๐Ÿ‡บ๐Ÿ‡ธ USA
Stryker Corporation
SYK
35.5-490.54%๐Ÿ‡บ๐Ÿ‡ธ USA
Cardinal Health
CAH
30.7-438.01%๐Ÿ‡บ๐Ÿ‡ธ USA
ICU Medical
ICUI
> 1000-74,363.77%๐Ÿ‡บ๐Ÿ‡ธ USA
Halozyme Therapeutics
HALO
27.4-401.98%๐Ÿ‡บ๐Ÿ‡ธ USA
Owens & Minor
OMI
-0.1609-98.23%๐Ÿ‡บ๐Ÿ‡ธ USA
CryoLife
CRY
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.