Price to Earnings (P/E)
since 2005
Calculation
Align Technology Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income (loss)1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 27, 2023 | 64.55 | = | 304.64 | ÷ | 4.72 | 4.72 | = | 361,573 | ÷ | 76,610,319 | |
| Feb 25, 2022 | 52.31 | = | 512.56 | ÷ | 9.80 | 9.80 | = | 772,020 | ÷ | 78,795,494 | |
| Feb 26, 2021 | 25.27 | = | 567.11 | ÷ | 22.44 | 22.44 | = | 1,775,888 | ÷ | 79,132,723 | |
| Feb 28, 2020 | 38.84 | = | 218.35 | ÷ | 5.62 | 5.62 | = | 442,776 | ÷ | 78,753,161 | |
| Feb 28, 2019 | 51.76 | = | 258.97 | ÷ | 5.00 | 5.00 | = | 400,235 | ÷ | 79,989,347 | |
| Feb 28, 2018 | 90.91 | = | 262.52 | ÷ | 2.89 | 2.89 | = | 231,418 | ÷ | 80,135,229 | |
| Feb 28, 2017 | 43.49 | = | 102.76 | ÷ | 2.36 | 2.36 | = | 189,682 | ÷ | 80,276,127 | |
| Feb 25, 2016 | 35.64 | = | 64.46 | ÷ | 1.81 | 1.81 | = | 144,020 | ÷ | 79,625,640 | |
| Feb 26, 2015 | 31.23 | = | 56.43 | ÷ | 1.81 | 1.81 | = | 145,832 | ÷ | 80,720,243 | |
| Feb 28, 2014 | 66.32 | = | 52.33 | ÷ | 0.79 | 0.79 | = | 64,295 | ÷ | 81,480,919 | |
| Mar 1, 2013 | 43.37 | = | 31.13 | ÷ | 0.72 | 0.72 | = | 58,691 | ÷ | 81,758,299 | |
| Feb 29, 2012 | 30.47 | = | 25.61 | ÷ | 0.84 | 0.84 | = | 66,716 | ÷ | 79,368,864 | |
| Feb 24, 2011 | 20.23 | = | 19.54 | ÷ | 0.97 | 0.97 | = | 74,253 | ÷ | 76,878,090 | |
| Feb 26, 2010 | — | = | 18.10 | ÷ | -0.42 | -0.42 | = | -31,269 | ÷ | 75,277,984 | |
| Feb 27, 2009 | 5.66 | = | 6.85 | ÷ | 1.21 | 1.21 | = | 79,987 | ÷ | 66,055,143 | |
| Feb 26, 2008 | 25.20 | = | 13.02 | ÷ | 0.52 | 0.52 | = | 35,724 | ÷ | 69,155,844 | |
| Mar 12, 2007 | — | = | 16.79 | ÷ | -0.53 | -0.53 | = | -34,963 | ÷ | 65,837,621 | |
| Mar 1, 2006 | 375.26 | = | 8.46 | ÷ | 0.02 | 0.02 | = | 1,413 | ÷ | 62,675,855 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Align Technology Inc. Annual Report.
Comparison to Competitors
Align Technology Inc., P/E, long-term trends, comparison to competitors
| Align Technology Inc. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|---|
| Feb 27, 2023 | 64.55 | 26.76 | 13.13 | 27.53 | 9,358,713.46 | 22.52 | 64.99 | 23.38 | 22.46 |
| Feb 25, 2022 | 52.31 | 29.13 | 13.43 | 17.39 | 18.13 | 18.34 | 59.94 | 46.56 | 26.03 |
| Feb 26, 2021 | 25.27 | 48.49 | 8.71 | 12.88 | 15.87 | 14.48 | 87.47 | 26.30 | 20.54 |
| Feb 28, 2020 | 38.84 | 41.83 | 13.26 | 14.15 | 15.96 | 18.10 | 48.72 | 28.78 | 20.48 |
| Feb 28, 2019 | 51.76 | 56.47 | 25.14 | — | 21.45 | 24.77 | 53.03 | 37.80 | 21.09 |
| Feb 28, 2018 | 90.91 | 220.29 | 21.27 | 10.69 | 15.44 | 15.13 | 70.95 | 29.96 | 20.77 |
| Feb 28, 2017 | 43.49 | 55.16 | 20.31 | 14.91 | 17.48 | 49.76 | 37.16 | 33.17 | 21.73 |
| Feb 25, 2016 | 35.64 | 12.83 | 17.14 | 18.98 | 12.99 | 19.50 | 34.24 | 40.56 | 18.18 |
| Feb 26, 2015 | 31.23 | 31.30 | 14.95 | 24.64 | 15.29 | 20.27 | 44.77 | 20.75 | 18.50 |
| Feb 28, 2014 | 66.32 | 23.25 | 14.42 | 17.71 | 9.95 | 12.76 | 22.82 | 14.99 | 12.35 |
| Mar 1, 2013 | 43.37 | 9.24 | 10.30 | 16.23 | 7.09 | 9.15 | 35.05 | 10.57 | 10.58 |
| Feb 29, 2012 | 30.47 | 18.67 | 9.68 | 16.66 | 8.36 | 10.29 | 39.05 | 13.37 | 10.78 |
| Feb 24, 2011 | 20.23 | 15.68 | 8.47 | 13.20 | 8.74 | 9.42 | 33.85 | 12.65 | 10.01 |
| Feb 26, 2010 | — | 14.69 | 7.15 | 12.70 | 5.53 | 7.43 | 54.30 | 17.11 | 9.91 |
| Feb 27, 2009 | 5.66 | 17.11 | 15.21 | 11.72 | 8.26 | 10.58 | 21.99 | 26.02 | 11.66 |
| Feb 26, 2008 | 25.20 | 23.82 | 11.20 | 22.10 | 12.02 | 14.06 | 79.87 | 20.81 | 12.85 |
| Mar 12, 2007 | — | 48.17 | 12.03 | 19.24 | 16.05 | 20.82 | 58.08 | 21.31 | 17.58 |
| Mar 1, 2006 | 375.26 | 20.03 | 9.24 | 20.64 | 20.66 | 26.95 | 36.68 | 35.12 | 24.20 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Health Care Equipment & Services)
Align Technology Inc., P/E, long-term trends, comparison to sector (health care equipment & services)
| Align Technology Inc. | Health Care Equipment & Services | |
|---|---|---|
| Feb 27, 2023 | 64.55 | 1,062,663.22 |
| Feb 25, 2022 | 52.31 | 25.01 |
| Feb 26, 2021 | 25.27 | 21.10 |
| Feb 28, 2020 | 38.84 | 21.63 |
| Feb 28, 2019 | 51.76 | 31.74 |
| Feb 28, 2018 | 90.91 | 22.89 |
| Feb 28, 2017 | 43.49 | 24.62 |
| Feb 25, 2016 | 35.64 | 19.64 |
| Feb 26, 2015 | 31.23 | 21.33 |
| Feb 28, 2014 | 66.32 | 15.35 |
| Mar 1, 2013 | 43.37 | 11.32 |
| Feb 29, 2012 | 30.47 | 13.97 |
| Feb 24, 2011 | 20.23 | 12.25 |
| Feb 26, 2010 | — | 11.53 |
| Feb 27, 2009 | 5.66 | 14.78 |
| Feb 26, 2008 | 25.20 | 17.67 |
| Mar 12, 2007 | — | 21.53 |
| Mar 1, 2006 | 375.26 | 22.11 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Health Care)
Align Technology Inc., P/E, long-term trends, comparison to industry (health care)
| Align Technology Inc. | Health Care | |
|---|---|---|
| Feb 27, 2023 | 64.55 | 314,676.00 |
| Feb 25, 2022 | 52.31 | 19.87 |
| Feb 26, 2021 | 25.27 | 29.50 |
| Feb 28, 2020 | 38.84 | 21.10 |
| Feb 28, 2019 | 51.76 | 25.51 |
| Feb 28, 2018 | 90.91 | 29.68 |
| Feb 28, 2017 | 43.49 | 21.38 |
| Feb 25, 2016 | 35.64 | 19.10 |
| Feb 26, 2015 | 31.23 | 20.89 |
| Feb 28, 2014 | 66.32 | 18.14 |
| Mar 1, 2013 | 43.37 | 15.43 |
| Feb 29, 2012 | 30.47 | 15.48 |
| Feb 24, 2011 | 20.23 | 14.45 |
| Feb 26, 2010 | — | 11.43 |
| Feb 27, 2009 | 5.66 | 12.78 |
| Feb 26, 2008 | 25.20 | 18.99 |
| Mar 12, 2007 | — | 18.38 |
| Mar 1, 2006 | 375.26 | 21.11 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).