P/E ratio for Teleflex (TFX)

P/E ratio history for Teleflex 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
Boston Scientific BSX	105	373.79%	🇺🇸 USA
Merit Medical MMSI	58.6	163.50%	🇺🇸 USA
AngioDynamics ANGO	42.2	89.71%	🇺🇸 USA
Abiomed ABMD	64.8	191.61%	🇺🇸 USA
Becton Dickinson BDX	40.8	83.68%	🇺🇸 USA
General Electric GE	20.6	-7.30%	🇺🇸 USA
Johnson & Johnson JNJ	10.9	-50.73%	🇺🇸 USA
Integra LifeSciences IART	18.9	-14.90%	🇺🇸 USA
Cooper Companies COO	18.0	-19.20%	🇺🇸 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.