Thermo Fisher Scientific Inc., also known as Thermo Fisher, is an American technology company based in Waltham, Massachusetts. It describes itself as "the world's largest supplier of scientific applications."
According to Thermo Fisher Scientific's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.3447. At the end of 2021 the company had a P/E ratio of 34.0.
Year | P/E ratio | Change |
---|---|---|
2021 | 34.0 | 17.54% |
2020 | 28.9 | -17.66% |
2019 | 35.2 | 14.69% |
2018 | 30.7 | -8.78% |
2017 | 33.6 | 22.19% |
2016 | 27.5 | -4.02% |
2015 | 28.7 | |
2013 | 31.5 | |
2011 | 12.9 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Agilent Technologies A | 29.9 | -4.58% | ๐บ๐ธ USA |
![]() Baxter BAX | -8.31 | -126.50% | ๐บ๐ธ USA |
![]() Becton Dickinson BDX | 45.5 | 45.23% | ๐บ๐ธ USA |
![]() General Electric GE | -227 | -825.10% | ๐บ๐ธ USA |
![]() Teleflex TFX | 31.9 | 1.83% | ๐บ๐ธ USA |
![]() Waters Corporation WAT | 26.2 | -16.30% | ๐บ๐ธ USA |
![]() Danaher DHR | 27.0 | -13.94% | ๐บ๐ธ USA |
![]() Intuitive Surgical ISRG | 65.6 | 109.31% | ๐บ๐ธ USA |
![]() PerkinElmer
PKI | 27.9 | -10.93% | ๐บ๐ธ USA |
![]() Bio-Rad Laboratories BIO | -3.87 | -112.35% | ๐บ๐ธ USA |
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.