P/E ratio for Teleflex (TFX)

P/E ratio history for Teleflex 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
Boston Scientific BSX	111	422.20%	🇺🇸 USA
Merit Medical MMSI	55.3	160.88%	🇺🇸 USA
AngioDynamics ANGO	57.0	168.72%	🇺🇸 USA
Abiomed ABMD	64.8	205.66%	🇺🇸 USA
Becton Dickinson BDX	41.2	94.40%	🇺🇸 USA
General Electric GE	20.1	-4.96%	🇺🇸 USA
Johnson & Johnson JNJ	10.2	-51.68%	🇺🇸 USA
Integra LifeSciences IART	19.0	-10.30%	🇺🇸 USA
Cooper Companies COO	16.5	-22.40%	🇺🇸 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.