Start with its own history
At 19.62×, GMED is 56.8% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · GMEDMedical - DevicesUpdated Nov 4, 2026
Globus Medical, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
19.62×
56.8% belowthe 10-year annual average
Share price87.1
÷Earnings per share4.44
Price and EPS in quote currency. Calculation details
Investors are paying 19.62 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 45.45×
3-year average59.89×3 positive annual observations
5-year average53.55×5 positive annual observations
10-year average45.45×10 positive annual observations
Peer median · TTM27.75×3 peers with positive P/E
Historical P/E ratios
Annual period-end data · 14 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 21.94× | -79.8% |
| Dec 31, 2024 | 108.83× | +122.6% |
| Dec 31, 2023 | 48.89× | +24.4% |
| Dec 31, 2022 | 39.30× | -19.4% |
| Dec 31, 2021 | 48.78× | -22.2% |
| Dec 31, 2020 | 62.71× | +67.2% |
| Dec 31, 2019 | 37.50× | +38.6% |
| Dec 31, 2018 | 27.05× | -26.3% |
View all 14 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 36.70× | +61.2% |
| Dec 31, 2016 | 22.76× | -2.6% |
| Dec 31, 2015 | 23.38× | -3.6% |
| Dec 31, 2014 | 24.26× | -11.1% |
| Dec 31, 2013 | 27.27× | +113.2% |
| Dec 31, 2012 | 12.79× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How GMED compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 GMED This stockGlobus Medical, Inc. | 19.62× |
 SYKStryker Corporation | 35.94× |
 SNNSmith & Nephew plc | 21.10× |
 ZBHZimmer Biomet Holdings, Inc. | 27.75× |
 ATECAlphatec Holdings, Inc. | N/M |
 XTNTXtant Medical Holdings, Inc. | N/M |
 OFIXOrthofix Medical Inc. | N/M |
 KIDSOrthoPediatrics Corp. | N/M |
 SIBNSI-BONE, Inc. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does GMED’s P/E tell you?
Compare like with like
The median of the 3 positive peer ratios above is 27.75×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take GMED into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("GMED", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 87.1 ÷ EPS 4.44 = 19.62×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 4, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
GMED P/E ratio: common questions
The essentials behind the numbers.
Globus Medical, Inc.'s current P/E is 19.62× based on the quote data last updated Nov 4, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.