TMO
TMO P/E Ratio
P/E Ratio as of Oct 29, 2026: 37.41
Average36.08
Median35.98
Minimum35.07
Maximum37.47
37.41
0.85 (2.32%)past month
The P/E ratio for TMO is 37.41 as of Oct 29, 2026. This represents a increase of 21.50% compared to its 12-month average P/E ratio of 30.79. A higher P/E ratio suggests that investors expect strong future earnings growth, while a lower P/E ratio may indicate a potentially undervalued stock or slowing growth.
Thermo Fisher Scientific P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
Thermo Fisher Scientific’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing Thermo Fisher Scientific to industry peers.
Thermo Fisher Scientific P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
Thermo Fisher Scientific’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing Thermo Fisher Scientific to industry peers.
TMO P/E Ratio Insights
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TMO P/E Ratio Historic Data
| Date | Stock price | P/E ratio |
|---|---|---|
| Oct 1, 2026 | $652.51 | 35.10 |
| Sep 1, 2026 | $600.50 | 32.30 |
| Aug 3, 2026 | $574.03 | 30.88 |
| Jul 1, 2026 | $513.33 | 28.22 |
| Jun 1, 2026 | $494.04 | 27.16 |
| May 1, 2026 | $469.21 | 25.79 |
| Apr 1, 2026 | $494.54 | 27.88 |
| Mar 2, 2026 | $508.58 | 28.67 |
| Feb 2, 2026 | $581.77 | 32.80 |
| Jan 2, 2026 | $592.51 | 34.23 |
TMO End of Year P/E Ratio
| Date | P/E ratio | Change |
|---|---|---|
| 2026 | 37.41 | +11.74% |
| 2025 | 33.48 | +2.64% |
| 2024 | 32.62 | -6.21% |
| 2023 | 34.78 | +12.30% |
| 2022 | 30.97 | -9.68% |
| 2021 | 34.29 | — |
FAQs About Thermo Fisher Scientific (TMO) P/E ratio
The latest P/E ratio of TMO is 37.41, as of Oct 29, 2026. This is calculated based on its current stock price and earnings per share (EPS).
Thermo Fisher Scientific’s last 12-month average P/E ratio is 30.79, compared to its current P/E ratio of 37.41. This reflects a increase of 21.50%.
Thermo Fisher Scientific’s current P/E ratio of 37.41 is higher than its last 12-month average P/E of 30.79. A higher P/E can indicate strong future growth expectations, while a lower P/E might suggest undervaluation.
Thermo Fisher Scientific’s average P/E ratio over the last 3 years is 32.05. Comparing this to the current P/E helps assess recent valuation trends and whether the stock is trading above or below its mid-term historical range.
Thermo Fisher Scientific’s average P/E ratio over the last 5 years is 31.96. A deviation from this historical average may indicate shifts in growth expectations, profitability, or broader market conditions affecting valuation.
TMO P/E Ratio Insights
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