Medtronic Price Earnings Ratio from 2010 to 2024

MDT Stock  USD 86.54  0.27  0.31%   
Medtronic PLC Price Earnings Ratio yearly trend continues to be comparatively stable with very little volatility. Price Earnings Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Medtronic PLC Price Earnings Ratio quarterly data regression had r-value of  0.20 and coefficient of variation of  17.16. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
28.80054353
Current Value
48.82814975
Quarterly Volatility
5.28381487
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Medtronic PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Medtronic PLC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 B, Interest Expense of 755 M or Total Revenue of 34 B, as well as many indicators such as Price To Sales Ratio of 5.85, Dividend Yield of 0.0177 or PTB Ratio of 3.42. Medtronic financial statements analysis is a perfect complement when working with Medtronic PLC Valuation or Volatility modules.
  
Check out the analysis of Medtronic PLC Correlation against competitors.
For more information on how to buy Medtronic Stock please use our How to Invest in Medtronic PLC guide.

Latest Medtronic PLC's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Medtronic PLC over the last few years. It is Medtronic PLC's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Medtronic PLC's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Pretty Stable
   Price Earnings Ratio   
       Timeline  

Medtronic Price Earnings Ratio Regression Statistics

Arithmetic Mean30.80
Geometric Mean30.47
Coefficient Of Variation17.16
Mean Deviation3.06
Median28.80
Standard Deviation5.28
Sample Variance27.92
Range21.0287
R-Value0.20
Mean Square Error28.88
R-Squared0.04
Significance0.48
Slope0.23
Total Sum of Squares390.86

Medtronic Price Earnings Ratio History

2024 48.83
2020 28.8
2015 27.8

About Medtronic PLC Financial Statements

Medtronic PLC shareholders use historical fundamental indicators, such as Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Medtronic PLC investors may analyze each financial statement separately, they are all interrelated. The changes in Medtronic PLC's assets and liabilities, for example, are also reflected in the revenues and expenses on on Medtronic PLC's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Earnings Ratio 28.80  48.83 

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Additional Tools for Medtronic Stock Analysis

When running Medtronic PLC's price analysis, check to measure Medtronic PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Medtronic PLC is operating at the current time. Most of Medtronic PLC's value examination focuses on studying past and present price action to predict the probability of Medtronic PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medtronic PLC's price. Additionally, you may evaluate how the addition of Medtronic PLC to your portfolios can decrease your overall portfolio volatility.