Start with its own history
At 17.40×, PHG is 23.8% below its 7-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · PHGMedical - DevicesUpdated Nov 5, 2026
Koninklijke Philips N.V. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
17.40×
23.8% belowthe 7-observation annual average
Share price30.455
÷Earnings per share1.75
Price and EPS in quote currency. Calculation details
Investors are paying 17.40 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 22.85×
3-year average24.72×1 positive annual observations
5-year average16.82×2 positive annual observations
10-year average22.85×7 positive annual observations
Peer median · TTM22.11×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 24.72× | N/M |
| Dec 31, 2024 | N/M | N/M |
| Dec 31, 2023 | N/M | N/M |
| Dec 31, 2022 | N/M | N/M |
| Dec 31, 2021 | 8.92× | -73.4% |
| Dec 31, 2020 | 33.49× | +2.6% |
| Dec 31, 2019 | 32.63× | +29.1% |
| Dec 31, 2018 | 25.28× | +47.6% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 17.13× | -3.6% |
| Dec 31, 2016 | 17.78× | -46.8% |
| Dec 31, 2015 | 33.39× | -36.0% |
| Dec 31, 2014 | 52.17× | +159.0% |
| Dec 31, 2013 | 20.14× | N/M |
| Dec 31, 2012 | N/M | N/M |
| Dec 31, 2011 | N/M | N/M |
| Dec 31, 2010 | 14.44× | -68.4% |
| Dec 31, 2009 | 45.76× | N/M |
| Dec 31, 2008 | N/M | N/M |
| Dec 31, 2007 | 7.42× | +23.1% |
| Dec 31, 2006 | 6.03× | -45.6% |
| Dec 31, 2005 | 11.07× | +30.1% |
| Dec 31, 2004 | 8.51× | -79.3% |
| Dec 31, 2003 | 41.18× | N/M |
| Dec 31, 2002 | N/M | N/M |
| Dec 31, 2001 | N/M | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How PHG compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 PHG This stockKoninklijke Philips N.V. | 17.40× |
 GEHCGE HealthCare Technologies Inc. | 21.45× |
 RMDResMed Inc. | 21.50× |
 LIVNLivaNova PLC | 25.19× |
 MDTMedtronic Plc | 25.42× |
 SMMNYSiemens Healthineers AG | 22.73× |
 SNNSmith & Nephew plc | 20.94× |
 BSXBoston Scientific Corporation | 18.67× |
 IRMDIRadimed Corporation | 44.64× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does PHG’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 22.11×. 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 PHG 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("PHG", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 30.455 ÷ EPS 1.75 = 17.40×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 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.
PHG P/E ratio: common questions
The essentials behind the numbers.
Koninklijke Philips N.V.'s current P/E is 17.40× based on the quote data last updated Nov 5, 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.