P/E ratio for Masimo (MASI)
P/E ratio as of April 2024 (TTM): 61.5
According to Masimo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 61.4727. At the end of 2022 the company had a P/E ratio of 55.2.
P/E ratio history for Masimo from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 55.2 | -21.56% |
| 2021 | 70.4 | 15.39% |
| 2020 | 61.0 | 42.01% |
| 2019 | 43.0 | 47.61% |
| 2018 | 29.1 | -11.13% |
| 2017 | 32.7 | 193.41% |
| 2016 | 11.2 | -56.18% |
| 2015 | 25.5 | 29.55% |
| 2014 | 19.7 | -30.73% |
| 2013 | 28.4 | 45.88% |
| 2012 | 19.5 | 11.37% |
| 2011 | 17.5 | -24.89% |
| 2010 | 23.3 | -28.9% |
| 2009 | 32.7 | -37.5% |
| 2008 | 52.3 | -7.73% |
| 2007 | 56.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Thermo Fisher Scientific TMO | 37.3 | -39.37% | 🇺🇸 USA |
 General Electric GE | 18.9 | -69.32% | 🇺🇸 USA |
 ResMed RMD | 29.8 | -51.56% | 🇺🇸 USA |
 Cardinal Health CAH | 103 | 67.20% | 🇺🇸 USA |
 Universal Forest Products
UFPI | 13.0 | -78.88% | 🇺🇸 USA |
 CONMED CNMD | 32.6 | -47.00% | 🇺🇸 USA |
 Owens & Minor
OMI | -18.7 | -130.42% | 🇺🇸 USA |
 Philips PHG | -29.0 | -147.25% | 🇳🇱 Netherlands |
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.