Medtronic
MDT
$88.39
Share price
0.12%
Change (1 day)
13.89%
Change (1 year)
Categories
Medtronic plc, headquartered in Dublin, is a listed company in the field of medical technology. The company is known for its pacemakers, implantable cardioverter defibrillators, heart valves, insulin pumps, aortic stent grafts, coronary stents and neurostimulators. Medtronic manufactures more than half of all pacemakers implanted worldwide.
Medtronic (MDT) - P/B ratio
P/B ratio as of July 2025 : 2.28
According to Medtronic's latest financial reports the company has a price-to-book ratio of 3.41126.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Medtronic - P/B ratio (from 2001 to 2025)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2025-12-31 | N/A | -100% |
| 2024-12-31 | 2.13 | 0.2% |
| 2023-12-31 | 2.12 | 6.79% |
| 2022-12-31 | 1.99 | -25.53% |
| 2021-12-31 | 2.67 | -14.9% |
| 2020-12-31 | 3.13 | 4.52% |
| 2019-12-31 | 3.00 | 22.01% |
| 2018-12-31 | 2.46 | 15.96% |
| 2017-12-31 | 2.12 | 8.97% |
| 2016-12-31 | 1.94 | -6.02% |
| 2015-12-31 | 2.07 | -43.4% |
| 2014-12-31 | 3.66 | 19.61% |
| 2013-12-31 | 3.06 | 26.55% |
| 2012-12-31 | 2.42 | 0.16% |
| 2011-12-31 | 2.41 | -10.21% |
| 2010-12-31 | 2.69 | -24.77% |
| 2009-12-31 | 3.57 | 28.28% |
| 2008-12-31 | 2.78 | -43.81% |
| 2007-12-31 | 4.95 | -17.36% |
| 2006-12-31 | 5.99 | -4.17% |
| 2005-12-31 | 6.25 | 3.4% |
| 2004-12-31 | 6.05 | -14.77% |
| 2003-12-31 | 7.10 | -8.4% |
| 2002-12-31 | 7.75 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | P/B ratio differencediff. | Country |
|---|---|---|---|
 Boston Scientific BSX | 6.88 | 201.23% | 🇺🇸 USA |
 Stryker Corporation SYK | 7.22 | 216.20% | 🇺🇸 USA |
 Edwards Lifesciences EW | 4.42 | 93.63% | 🇺🇸 USA |
 Johnson & Johnson JNJ | 4.81 | 110.54% | 🇺🇸 USA |
 Abbott Laboratories ABT | 4.77 | 108.86% | 🇺🇸 USA |
 CONMED CNMD | 1.72 | -24.67% | 🇺🇸 USA |
 Baxter BAX | 2.26 | -1.17% | 🇺🇸 USA |
 Owens & Minor
OMI | 1.24 | -45.86% | 🇺🇸 USA |
 Integra LifeSciences IART | 0.6878 | -69.87% | 🇺🇸 USA |