Start with its own history
At 21.43×, UTMD is 5.9% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · UTMDMedical - Instruments & SuppliesUpdated Nov 4, 2026
Utah Medical Products, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
21.43×
5.9% belowthe 10-year annual average
Share price72.42
÷Earnings per share3.38
Price and EPS in quote currency. Calculation details
Investors are paying 21.43 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 22.76×
3-year average16.68×3 positive annual observations
5-year average19.38×5 positive annual observations
10-year average22.76×10 positive annual observations
Peer median · TTM21.22×2 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 16.08× | +3.6% |
| Dec 31, 2024 | 15.52× | -15.8% |
| Dec 31, 2023 | 18.43× | -17.0% |
| Dec 31, 2022 | 22.19× | -10.1% |
| Dec 31, 2021 | 24.69× | -13.6% |
| Dec 31, 2020 | 28.58× | +4.9% |
| Dec 31, 2019 | 27.25× | +63.0% |
| Dec 31, 2018 | 16.72× | -53.0% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 35.55× | +57.3% |
| Dec 31, 2016 | 22.59× | +21.2% |
| Dec 31, 2015 | 18.64× | -6.2% |
| Dec 31, 2014 | 19.88× | +5.1% |
| Dec 31, 2013 | 18.93× | +43.9% |
| Dec 31, 2012 | 13.16× | -0.6% |
| Dec 31, 2011 | 13.24× | -18.3% |
| Dec 31, 2010 | 16.19× | -4.5% |
| Dec 31, 2009 | 16.95× | +44.4% |
| Dec 31, 2008 | 11.74× | -20.6% |
| Dec 31, 2007 | 14.79× | -7.2% |
| Dec 31, 2006 | 15.93× | -4.8% |
| Dec 31, 2005 | 16.73× | +72.7% |
| Dec 31, 2004 | 9.69× | +70.1% |
| Dec 31, 2003 | 5.69× | -56.5% |
| Dec 31, 2002 | 13.08× | +13.4% |
| Dec 31, 2001 | 11.53× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How UTMD compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 UTMD This stockUtah Medical Products, Inc. | 21.43× |
 NYXHNyxoah S.A. | N/M |
 OSUROraSure Technologies, Inc. | N/M |
 KRMDKORU Medical Systems, Inc. | N/M |
 INFUInfuSystem Holdings, Inc. | 31.29× |
 STIMNeuronetics, Inc. | N/M |
 CATXPerspective Therapeutics, Inc. | N/M |
 PLXProtalix BioTherapeutics, Inc. | 11.16× |
 PROFProfound Medical Corp. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does UTMD’s P/E tell you?
Compare like with like
The median of the 2 positive peer ratios above is 21.22×. 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 UTMD 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("UTMD", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 72.42 ÷ EPS 3.38 = 21.43×. 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.
UTMD P/E ratio: common questions
The essentials behind the numbers.
Utah Medical Products, Inc.'s current P/E is 21.43× 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.