Start with its own history
At 10.43×, QDEL is 46.0% below its 5-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · QDELMedical - SpecialtiesUpdated Nov 2, 2026
QuidelOrtho Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
10.43×
46.0% belowthe 5-observation annual average
Share price13.97
÷Earnings per share1.34
Price and EPS in quote currency. Calculation details
Investors are paying 10.43 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 19.30×
3-year averageN/M0 positive annual observations
5-year average8.47×2 positive annual observations
10-year average19.30×5 positive annual observations
Peer median · TTM34.59×4 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 28, 2025 | N/M | N/M |
| Dec 29, 2024 | N/M | N/M |
| Dec 31, 2023 | N/M | N/M |
| Jan 1, 2023 | 8.87× | +10.0% |
| Dec 31, 2021 | 8.06× | -13.6% |
| Dec 31, 2020 | 9.34× | -77.8% |
| Dec 31, 2019 | 42.15× | +50.2% |
| Dec 31, 2018 | 28.06× | N/M |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | N/M | N/M |
| Dec 31, 2016 | N/M | N/M |
| Dec 31, 2015 | N/M | N/M |
| Dec 31, 2014 | N/M | N/M |
| Dec 31, 2013 | 140.41× | +12.8% |
| Dec 31, 2012 | 124.47× | +89.2% |
| Dec 31, 2011 | 65.78× | N/M |
| Dec 31, 2010 | N/M | N/M |
| Dec 31, 2009 | 12.53× | -43.4% |
| Dec 31, 2008 | 22.15× | -51.1% |
| Dec 31, 2007 | 45.28× | +119.4% |
| Dec 31, 2006 | 20.64× | N/M |
| Dec 31, 2005 | N/M | N/M |
| Dec 31, 2004 | N/M | N/M |
| Dec 31, 2003 | 16.07× | -81.4% |
| Dec 31, 2002 | 86.50× | -88.8% |
| Dec 31, 2001 | 769.00× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How QDEL compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 QDEL This stockQuidelOrtho Corporation | 10.43× |
 BIOBio-Rad Laboratories, Inc. | 44.69× |
 TRIBTrinity Biotech plc | N/M |
 OPKOPKO Health, Inc. | N/M |
 NNNNAnbio Biotechnology Class A Ordinary Shares | 18.41× |
 OSUROraSure Technologies, Inc. | N/M |
 DGXQuest Diagnostics Incorporated | 24.49× |
 RVTYRevvity, Inc. | 72.88× |
 CODXCo-Diagnostics, Inc. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does QDEL’s P/E tell you?
Compare like with like
The median of the 4 positive peer ratios above is 34.59×. 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 QDEL 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("QDEL", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 13.97 ÷ EPS 1.34 = 10.43×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 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.
QDEL P/E ratio: common questions
The essentials behind the numbers.
QuidelOrtho Corporation's current P/E is 10.43× based on the quote data last updated Nov 2, 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.