Medtronic
MDT
$79.25
Share price
-1.41%
Change (1 day)
-11.64%
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 April 2024 : 2.05
According to Medtronic's latest financial reports the company has a price-to-book ratio of 2.05.
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 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 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 | differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 5.20 | 153.54% | 🇺🇸 USA |
 Abbott Laboratories ABT | 4.78 | 132.72% | 🇺🇸 USA |
 Baxter BAX | 2.42 | 17.89% | 🇺🇸 USA |
 Boston Scientific BSX | 5.51 | 168.62% | 🇺🇸 USA |
 Edwards Lifesciences EW | 7.94 | 286.70% | 🇺🇸 USA |
 Stryker Corporation SYK | 6.90 | 236.11% | 🇺🇸 USA |
 CONMED CNMD | 2.58 | 25.89% | 🇺🇸 USA |
 Integra LifeSciences IART | 1.41 | -31.49% | 🇺🇸 USA |
 Owens & Minor
OMI | 2.05 | -0.10% | 🇺🇸 USA |