P/E ratio for Intuitive Surgical (ISRG)

P/E ratio history for Intuitive Surgical 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
Medtronic MDT	33.0	-69.90%	🇮🇪 Ireland
Stryker Corporation SYK	52.8	-51.83%	🇺🇸 USA
Becton Dickinson BDX	43.3	-60.51%	🇺🇸 USA
Boston Scientific BSX	105	-3.89%	🇺🇸 USA
Teleflex TFX	27.2	-75.17%	🇺🇸 USA
Hologic HOLX	41.3	-62.37%	🇺🇸 USA
Baxter BAX	7.16	-93.47%	🇺🇸 USA
Johnson & Johnson JNJ	11.7	-89.35%	🇺🇸 USA
Smith & Nephew SNN	26.2	-76.15%	🇬🇧 UK

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.