P/E ratio for Fresenius Medical Care (FMS)

P/E ratio history for Fresenius Medical Care from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Quest Diagnostics DGX	24.3	-9.79%	🇺🇸 USA
LabCorp LH	31.9	18.25%	🇺🇸 USA
DaVita DVA	32.2	19.47%	🇺🇸 USA
IDEXX Laboratories IDXX	42.3	56.96%	🇺🇸 USA
Baxter BAX	6.52	-75.80%	🇺🇸 USA
Rockwell Medical RMTI	-2.59	-109.61%	🇺🇸 USA
Amgen AMGN	20.8	-22.93%	🇺🇸 USA
Teleflex TFX	22.2	-17.56%	🇺🇸 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.