Globus Medical, Inc.

Globus Medical, Inc.verified

GMED

Price:

$71.89

Market Cap:

$9.71B

Globus Medical, Inc., a medical device company, develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally. It offers spine products, such as traditional fusion implants comprising pedicle screw and rod systems, plating systems, intervertebral spacers, and corpectomy devices for treating degenerative, deformity, tumors, and trauma conditions; treatment options for motion preservation technologies that consist of dynamic stabilization, total disc replacement, and interspinous distraction devices; interventional pain management solutions to treat vertebral compression fractures; and regenerative biologic products compri...[Read more]

Industry

Medical - Devices

IPO Date

2012-08-03

Stock Exchange

NYSE

Ticker

GMED

The PE Ratio as of July 2024 (TTM) for Globus Medical, Inc. (GMED) is 133.13

According to Globus Medical, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 133.13. This represents a change of -59.27% compared to the average of 326.89 of the last 4 quarters.

Globus Medical, Inc. (GMED) Historical PE Ratio (quarterly & annually)

How has GMED PE Ratio performed in the past?

The mean historical PE Ratio of Globus Medical, Inc. over the last ten years is 37.18. The current 133.13 PE Ratio has changed 35.70% with respect to the historical average. Over the past ten years (40 quarters), GMED's PE Ratio was at its highest in in the September 2023 quarter at 1.41K. The PE Ratio was at its lowest in in the March 2024 quarter at -252.62.

Quarterly (TTM)
Annual

Average

37.18

Median

37.23

Minimum

22.74

Maximum

62.86

Globus Medical, Inc. (GMED) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Globus Medical, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 67.12%

Maximum Annual PE Ratio = 62.86

Minimum Annual Increase = -26.52%

Minimum Annual PE Ratio = 22.74

Quarterly (TTM)
Annual
YearPE RatioChange
202349.0525.00%
202239.24-19.51%
202148.75-22.44%
202062.8667.12%
201937.6138.93%
201827.07-26.52%
201736.8562.02%
201622.74-2.99%
201523.44-3.19%
201424.22-11.12%

Globus Medical, Inc. (GMED) Average PE Ratio

How has GMED PE Ratio performed in the past?

The current PE Ratio of Globus Medical, Inc. (GMED) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

45.68

5-year avg

47.50

10-year avg

37.18

Globus Medical, Inc. (GMED) PE Ratio vs. Peers

How is GMED’s PE Ratio compared to its peers?

Globus Medical, Inc.’s PE Ratio is greater than Orthofix Medical Inc. (-4.93), greater than CONMED Corporation (26.54), greater than Alphatec Holdings, Inc. (-8.03), greater than LivaNova PLC (-91.20), greater than Integer Holdings Corporation (37.25), greater than iRhythm Technologies, Inc. (-21.09), greater than Heska Corporation (-91.49), greater than NuVasive, Inc. (68.48), greater than Glaukos Corporation (-42.17), greater than Bruker Corporation (24.16), greater than Nevro Corp. (-4.30), greater than Insulet Corporation (57.79), greater than Inspire Medical Systems, Inc. (-236.77), greater than NovoCure Limited (-12.14), greater than Inari Medical, Inc. (-132.03),

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