Teleflex
TFX
#1283
Rank
$11.64 B
Marketcap
$248.14
Share price
0.46%
Change (1 day)
-28.06%
Change (1 year)
Categories
Teleflex Incorporated, is an American company providing specialty medical devices for a range of procedures in critical care and surgery.

P/E ratio for Teleflex (TFX)

P/E ratio as of March 2023 (TTM): 31.9

According to Teleflex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.8877. At the end of 2021 the company had a P/E ratio of 31.7.

P/E ratio history for Teleflex from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202131.7-44.43%
202057.051.28%
201937.7-36%
201858.9-20.02%
201773.6150.33%
201629.431.54%
201522.4
201325.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.4-29.74%๐Ÿ‡บ๐Ÿ‡ธ USA
64.8 103.21%๐Ÿ‡บ๐Ÿ‡ธ USA
45.3 42.19%๐Ÿ‡บ๐Ÿ‡ธ USA
108 237.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-227-812.41%๐Ÿ‡บ๐Ÿ‡ธ USA
45.6 42.87%๐Ÿ‡บ๐Ÿ‡ธ USA
55.2 73.22%๐Ÿ‡บ๐Ÿ‡ธ USA
-15.1-147.35%๐Ÿ‡บ๐Ÿ‡ธ USA
25.6-19.74%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.