Baxter
BAX
#1807
Rank
NZ$19.97 B
Marketcap
NZ$38.68
Share price
-3.17%
Change (1 day)
-16.34%
Change (1 year)

Baxter International is a US company operating worldwide in the pharmaceutical and medical technology sectors. The company produces drugs for anesthesiology and intensive care medicine, vaccines and medical devices.

P/E ratio for Baxter (BAX)

P/E ratio as of July 2026 (TTM): -10.7

According to Baxter's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.6549. At the end of 2025 the company had a P/E ratio of -8.97.

P/E ratio history for Baxter from 2001 to 2026

PE ratio at the end of each year

Year P/E ratio Change
2025-8.97-59.93%
2024-22.4-417.69%
20237.05-171.98%
2022-9.79-132.02%
202130.6-8.47%
202033.4
201819.0-55.32%
201742.6
201518.3154.23%
20147.21-12.81%
20138.2722.36%
20126.7628.26%
20115.27

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Medtronic
MDT
23.1-316.36%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
Thermo Fisher Scientific
TMO
29.3-374.54%๐Ÿ‡บ๐Ÿ‡ธ USA
Becton Dickinson
BDX
28.8-369.91%๐Ÿ‡บ๐Ÿ‡ธ USA
Boston Scientific
BSX
18.3-271.30%๐Ÿ‡บ๐Ÿ‡ธ USA
Stryker Corporation
SYK
37.6-452.50%๐Ÿ‡บ๐Ÿ‡ธ USA
Cardinal Health
CAH
34.8-426.91%๐Ÿ‡บ๐Ÿ‡ธ USA
ICU Medical
ICUI
> 1000-74,643.17%๐Ÿ‡บ๐Ÿ‡ธ USA
Halozyme Therapeutics
HALO
29.6-377.97%๐Ÿ‡บ๐Ÿ‡ธ USA
Owens & Minor
OMI
-0.1609-98.49%๐Ÿ‡บ๐Ÿ‡ธ USA
CryoLife
CRY
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ 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.