Baxter
BAX
#862
Rank
$21.44 B
Marketcap
$42.23
Share price
1.10%
Change (1 day)
3.76%
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 February 2024 (TTM): 8.25

According to Baxter's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.24805. At the end of 2022 the company had a P/E ratio of -10.6.

P/E ratio history for Baxter from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-10.6-131.47%
202133.5-9.74%
202037.1-12.93%
201942.793.81%
201822.0-55.05%
201749.0901.7%
20164.89-77.3%
201521.5148.79%
20148.65-15.24%
201310.219%
20128.5824.82%
20116.87-39.5%
201011.429.75%
20098.76-2.84%
20089.01-24.26%
200711.91.52%
200611.7-11.17%
200513.2-55.7%
200429.8169.46%
200311.1-7.47%
200211.9-53.46%
200125.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.6 282.89%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
36.0 336.95%๐Ÿ‡บ๐Ÿ‡ธ USA
44.2 435.91%๐Ÿ‡บ๐Ÿ‡ธ USA
80.2 872.14%๐Ÿ‡บ๐Ÿ‡ธ USA
51.0 518.77%๐Ÿ‡บ๐Ÿ‡ธ USA
105 1,167.39%๐Ÿ‡บ๐Ÿ‡ธ USA
-51.6-725.35%๐Ÿ‡บ๐Ÿ‡ธ USA
22.0 167.29%๐Ÿ‡บ๐Ÿ‡ธ USA
-16.9-304.79%๐Ÿ‡บ๐Ÿ‡ธ USA
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.