P/E ratio for Teleflex (TFX)
P/E ratio as of May 2024 (TTM): 23.4
According to Teleflex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.4326. 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 |
|---|---|---|
| 2022 | 32.2 | 1.69% |
| 2021 | 31.7 | -44.43% |
| 2020 | 57.0 | 51.28% |
| 2019 | 37.7 | -36% |
| 2018 | 58.9 | -20.02% |
| 2017 | 73.6 | 150.33% |
| 2016 | 29.4 | 31.54% |
| 2015 | 22.4 | -11.61% |
| 2014 | 25.3 | -1.11% |
| 2013 | 25.6 | -267.49% |
| 2012 | -15.3 | -298.81% |
| 2011 | 7.68 | -27.92% |
| 2010 | 10.7 | 50.86% |
| 2009 | 7.06 | -57.28% |
| 2008 | 16.5 | -1.86% |
| 2007 | 16.8 | -8.4% |
| 2006 | 18.4 | -3.19% |
| 2005 | 19.0 | -91.22% |
| 2004 | 216 | 1135.9% |
| 2003 | 17.5 | 27.38% |
| 2002 | 13.7 | -15.74% |
| 2001 | 16.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 10.6 | -54.94% | 🇺🇸 USA |
 Abiomed ABMD | 64.8 | 176.53% | 🇺🇸 USA |
 Becton Dickinson BDX | 42.7 | 82.35% | 🇺🇸 USA |
 Boston Scientific BSX | 89.5 | 282.15% | 🇺🇸 USA |
 General Electric GE | 19.7 | -15.76% | 🇺🇸 USA |
 Cooper Companies COO | 16.8 | -28.43% | 🇺🇸 USA |
 Merit Medical MMSI | 46.2 | 97.29% | 🇺🇸 USA |
 AngioDynamics ANGO | 38.4 | 63.77% | 🇺🇸 USA |
 Integra LifeSciences IART | 20.6 | -12.27% | 🇺🇸 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.