Stryker Corporation
SYK
#143
Rank
$96.18 B
Marketcap
$254.17
Share price
0.70%
Change (1 day)
2.33%
Change (1 year)
Categories
Stryker Corporation is an American company that manufactures orthopedic and surgical implants and instruments as well as products for patient transportation.

P/E ratio for Stryker Corporation (SYK)

P/E ratio as of January 2023 (TTM): 39.1

According to Stryker Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.1031. At the end of 2021 the company had a P/E ratio of 50.6.

P/E ratio history for Stryker Corporation from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202150.6-11.91%
202057.452.25%
201937.7128.19%
201816.5-70.88%
201756.7108.77%
201627.211.66%
201524.3-58.99%
201459.3109.23%
201328.476.38%
201216.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.6-34.62%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
-9.77-124.98%๐Ÿ‡บ๐Ÿ‡ธ USA
109 179.54%๐Ÿ‡บ๐Ÿ‡ธ USA
33.4-14.60%๐Ÿ‡บ๐Ÿ‡ธ USA
29.0-25.90%๐Ÿ‡บ๐Ÿ‡ธ USA
28.2-27.91%๐Ÿ‡บ๐Ÿ‡ธ USA
25.1-35.84%๐Ÿ‡ฌ๐Ÿ‡ง UK
12.5-67.96%๐Ÿ‡บ๐Ÿ‡ธ USA
N/A-100.00%๐Ÿ‡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.