P/E Ratio
Updated 55h ago
Sector Performance
41th percentileMDT
20.9x
Sector Median
24.7x
Sector Avg
36.0x
Deep Analysis
The current P/E ratio of 20.9x means that for every $1 of earnings the company generates, investors are paying $20.90 for the stock — a measure of how expensive the shares are relative to profits.
Among its sector peers, MDT sits below the median of 24.8x, ranking in the 41st percentile, indicating it is cheaper than most companies in the same industry. The year-over-year change is not available, but the quarter-over-quarter change shows a decline of 10.1%, meaning the P/E compressed notably from the prior quarter's 23.3x. With the P/E below the sector median and falling 10.1% in the most recent quarter, this combination suggests lower valuation risk but also signals a recent drop in investor confidence or earnings growth expectations. The neutral verdict is supported by this metric: the below-median valuation offers some margin of safety, while the downward trend introduces caution, balancing the overall view.
Frequently Asked Questions
What does the P/E Ratio tell investors about MDT?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
Who are MDT's closest peers by P/E Ratio?
The closest peers by P/E Ratio include: VICI (9.1x), OMF (9.0x), JACK (8.5x), GIS (8.4x), FIS (8.4x).
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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20.9x
Sector Median
24.7x
Sector Avg
36.0x
How MDT's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.