P/E ratio for Hologic (HOLX)

P/E ratio history for Hologic from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Thermo Fisher Scientific TMO	39.1	-5.34%	🇺🇸 USA
Becton Dickinson BDX	43.3	4.93%	🇺🇸 USA
Boston Scientific BSX	105	155.39%	🇺🇸 USA
Abbott Laboratories ABT	39.7	-3.88%	🇺🇸 USA
General Electric GE	22.5	-45.41%	🇺🇸 USA
Philips PHG	-44.5	-207.90%	🇳🇱 Netherlands
Quest Diagnostics DGX	22.0	-46.60%	🇺🇸 USA
Johnson & Johnson JNJ	11.7	-71.70%	🇺🇸 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.