P/E ratio for Intuitive Surgical (ISRG)
P/E ratio as of April 2024 (TTM): 86.9
According to Intuitive Surgical's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 86.8738. At the end of 2022 the company had a P/E ratio of 71.3.
P/E ratio history for Intuitive Surgical from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 71.3 | 42.81% |
| 2021 | 49.9 | -44.68% |
| 2020 | 90.3 | 82.69% |
| 2019 | 49.4 | 2.38% |
| 2018 | 48.3 | -21.77% |
| 2017 | 61.7 | 86.36% |
| 2016 | 33.1 | -3.83% |
| 2015 | 34.4 | -25.78% |
| 2014 | 46.4 | 105.61% |
| 2013 | 22.6 | -24.21% |
| 2012 | 29.8 | -18.72% |
| 2011 | 36.6 | 38.56% |
| 2010 | 26.4 | -47.03% |
| 2009 | 49.9 | 106.71% |
| 2008 | 24.1 | -71.45% |
| 2007 | 84.6 | 72.81% |
| 2006 | 48.9 | 11.4% |
| 2005 | 43.9 | -23.18% |
| 2004 | 57.2 | -227.12% |
| 2003 | -45.0 | 268.71% |
| 2002 | -12.2 | -43.45% |
| 2001 | -21.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 10.4 | -88.06% | 🇺🇸 USA |
 Medtronic MDT | 29.3 | -66.25% | 🇮🇪 Ireland |
 Baxter BAX | 7.85 | -90.97% | 🇺🇸 USA |
 Becton Dickinson BDX | 41.8 | -51.94% | 🇺🇸 USA |
 Boston Scientific BSX | 89.3 | 2.75% | 🇺🇸 USA |
 Hologic HOLX | 39.0 | -55.11% | 🇺🇸 USA |
 Stryker Corporation SYK | 49.3 | -43.29% | 🇺🇸 USA |
 Teleflex TFX | 24.0 | -72.32% | 🇺🇸 USA |
 Smith & Nephew
SNN | 21.8 | -74.91% | 🇬🇧 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.