P/E ratio for Stryker Corporation (SYK)

P/E ratio history for Stryker Corporation 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
Smith & Nephew SNN	21.9	-61.52%	🇬🇧 UK
Medtronic MDT	32.3	-43.28%	🇮🇪 Ireland
Boston Scientific BSX	108	89.84%	🇺🇸 USA
Edwards Lifesciences EW	28.3	-50.36%	🇺🇸 USA
Baxter BAX	6.37	-88.82%	🇺🇸 USA
Integra LifeSciences IART	19.1	-66.49%	🇺🇸 USA
Hill-Rom HRC	N/A	N/A	🇺🇸 USA
Owens & Minor OMI	-9.52	-116.69%	🇺🇸 USA
Waters Corporation WAT	33.9	-40.63%	🇺🇸 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.