Medtronic Plc P/E Ratio

Medtronic Plc's p/e ratio stands at 23.6. That is below the Healthcare sector average of 70.94. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Medtronic Plc sits lower the Healthcare benchmark (70.94) with a P/E ratio of 23.6. That is roughly 66.7% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

Whether 23.6 is attractive depends on Medtronic Plc's earnings outlook, competitive position, and how peers are valued. Investors typically ask: is growth accelerating, are margins stable, and is the multiple expanding or compressing over time? The history and comparison charts below are built for those checks.

The history chart shows how Medtronic Plc's P/E ratio evolved across reporting periods, while the comparison chart places MDT next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.

Yes — within Healthcare, P/E ratio is commonly used to spot outliers. Medtronic Plc's reading of 23.6 (sector avg 70.94) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.