Teleflex
TFX
#1834
Rank
$9.08 B
Marketcap
$195.55
Share price
-1.25%
Change (1 day)
-2.25%
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 November 2024 (TTM): 22.7

According to Teleflex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.7384. At the end of 2022 the company had a P/E ratio of 32.2.

P/E ratio history for Teleflex from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202232.21.69%
202131.7-44.43%
202057.051.28%
201937.7-36%
201858.9-20.02%
201773.6150.33%
201629.431.54%
201522.4-11.61%
201425.3-1.11%
201325.6-267.49%
2012-15.3-298.81%
20117.68-27.92%
201010.750.86%
20097.06-57.28%
200816.5-1.86%
200716.8-8.4%
200618.4-3.19%
200519.0-91.22%
20042161135.9%
200317.527.38%
200213.7-15.74%
200116.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
108 373.31%๐Ÿ‡บ๐Ÿ‡ธ USA
59.0 159.68%๐Ÿ‡บ๐Ÿ‡ธ USA
45.0 97.90%๐Ÿ‡บ๐Ÿ‡ธ USA
64.8 184.98%๐Ÿ‡บ๐Ÿ‡ธ USA
41.7 83.55%๐Ÿ‡บ๐Ÿ‡ธ USA
21.6-4.94%๐Ÿ‡บ๐Ÿ‡ธ USA
11.0-51.46%๐Ÿ‡บ๐Ÿ‡ธ USA
20.3-10.67%๐Ÿ‡บ๐Ÿ‡ธ USA
18.6-18.09%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.