Price to Earnings (P/E)
since 2005
Calculation
Boston Scientific Corp., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income (loss) available to common stockholders1 (in millions) | ÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 23, 2023 | 105.44 | = | 47.18 | ÷ | 0.45 | 0.45 | = | 642 | ÷ | 1,434,780,104 | |
| Feb 23, 2022 | 63.31 | = | 43.71 | ÷ | 0.69 | 0.69 | = | 985 | ÷ | 1,426,724,712 | |
| Feb 23, 2021 | — | = | 38.75 | ÷ | -0.08 | -0.08 | = | -115 | ÷ | 1,417,165,707 | |
| Feb 25, 2020 | 11.86 | = | 39.91 | ÷ | 3.37 | 3.37 | = | 4,700 | ÷ | 1,396,195,349 | |
| Feb 19, 2019 | 33.06 | = | 39.86 | ÷ | 1.21 | 1.21 | = | 1,671 | ÷ | 1,385,961,926 | |
| Feb 20, 2018 | 354.70 | = | 26.83 | ÷ | 0.08 | 0.08 | = | 104 | ÷ | 1,374,910,797 | |
| Feb 23, 2017 | 96.19 | = | 24.48 | ÷ | 0.25 | 0.25 | = | 347 | ÷ | 1,363,488,640 | |
| Feb 24, 2016 | — | = | 17.33 | ÷ | -0.18 | -0.18 | = | -239 | ÷ | 1,348,346,253 | |
| Feb 25, 2015 | — | = | 16.92 | ÷ | -0.09 | -0.09 | = | -119 | ÷ | 1,330,512,367 | |
| Feb 26, 2014 | — | = | 13.34 | ÷ | -0.09 | -0.09 | = | -121 | ÷ | 1,324,192,809 | |
| Feb 22, 2013 | — | = | 7.37 | ÷ | -3.00 | -3.00 | = | -4,068 | ÷ | 1,357,426,289 | |
| Feb 17, 2012 | 20.04 | = | 6.09 | ÷ | 0.30 | 0.30 | = | 441 | ÷ | 1,451,346,240 | |
| Feb 17, 2011 | — | = | 7.40 | ÷ | -0.70 | -0.70 | = | -1,065 | ÷ | 1,523,368,979 | |
| Feb 26, 2010 | — | = | 7.74 | ÷ | -0.68 | -0.68 | = | -1,025 | ÷ | 1,511,368,790 | |
| Feb 27, 2009 | — | = | 7.02 | ÷ | -1.36 | -1.36 | = | -2,036 | ÷ | 1,502,237,400 | |
| Feb 28, 2008 | — | = | 12.72 | ÷ | -0.33 | -0.33 | = | -495 | ÷ | 1,492,320,521 | |
| Mar 1, 2007 | — | = | 16.21 | ÷ | -2.42 | -2.42 | = | -3,577 | ÷ | 1,480,340,219 | |
| Mar 1, 2006 | 31.40 | = | 24.00 | ÷ | 0.76 | 0.76 | = | 628 | ÷ | 821,567,300 |
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 Boston Scientific Corp. Annual Report.
Comparison to Competitors
Boston Scientific Corp., P/E, long-term trends, comparison to competitors
| Boston Scientific Corp. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|---|
| Feb 23, 2023 | 105.44 | 26.76 | 13.13 | 27.53 | 9,358,713.46 | 22.52 | 64.99 | 23.38 | 22.46 |
| Feb 23, 2022 | 63.31 | 29.13 | 13.43 | 17.39 | 18.13 | 18.34 | 59.94 | 46.56 | 26.03 |
| Feb 23, 2021 | — | 48.49 | 8.71 | 12.88 | 15.87 | 14.48 | 87.47 | 26.30 | 20.54 |
| Feb 25, 2020 | 11.86 | 41.83 | 13.26 | 14.15 | 15.96 | 18.10 | 48.72 | 28.78 | 20.48 |
| Feb 19, 2019 | 33.06 | 56.47 | 25.14 | — | 21.45 | 24.77 | 53.03 | 37.80 | 21.09 |
| Feb 20, 2018 | 354.70 | 220.29 | 21.27 | 10.69 | 15.44 | 15.13 | 70.95 | 29.96 | 20.77 |
| Feb 23, 2017 | 96.19 | 55.16 | 20.31 | 14.91 | 17.48 | 49.76 | 37.16 | 33.17 | 21.73 |
| Feb 24, 2016 | — | 12.83 | 17.14 | 18.98 | 12.99 | 19.50 | 34.24 | 40.56 | 18.18 |
| Feb 25, 2015 | — | 31.30 | 14.95 | 24.64 | 15.29 | 20.27 | 44.77 | 20.75 | 18.50 |
| Feb 26, 2014 | — | 23.25 | 14.42 | 17.71 | 9.95 | 12.76 | 22.82 | 14.99 | 12.35 |
| Feb 22, 2013 | — | 9.24 | 10.30 | 16.23 | 7.09 | 9.15 | 35.05 | 10.57 | 10.58 |
| Feb 17, 2012 | 20.04 | 18.67 | 9.68 | 16.66 | 8.36 | 10.29 | 39.05 | 13.37 | 10.78 |
| Feb 17, 2011 | — | 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 | — | 17.11 | 15.21 | 11.72 | 8.26 | 10.58 | 21.99 | 26.02 | 11.66 |
| Feb 28, 2008 | — | 23.82 | 11.20 | 22.10 | 12.02 | 14.06 | 79.87 | 20.81 | 12.85 |
| Mar 1, 2007 | — | 48.17 | 12.03 | 19.24 | 16.05 | 20.82 | 58.08 | 21.31 | 17.58 |
| Mar 1, 2006 | 31.40 | 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)
Boston Scientific Corp., P/E, long-term trends, comparison to sector (health care equipment & services)
| Boston Scientific Corp. | Health Care Equipment & Services | |
|---|---|---|
| Feb 23, 2023 | 105.44 | 1,062,663.22 |
| Feb 23, 2022 | 63.31 | 25.01 |
| Feb 23, 2021 | — | 21.10 |
| Feb 25, 2020 | 11.86 | 21.63 |
| Feb 19, 2019 | 33.06 | 31.74 |
| Feb 20, 2018 | 354.70 | 22.89 |
| Feb 23, 2017 | 96.19 | 24.62 |
| Feb 24, 2016 | — | 19.64 |
| Feb 25, 2015 | — | 21.33 |
| Feb 26, 2014 | — | 15.35 |
| Feb 22, 2013 | — | 11.32 |
| Feb 17, 2012 | 20.04 | 13.97 |
| Feb 17, 2011 | — | 12.25 |
| Feb 26, 2010 | — | 11.53 |
| Feb 27, 2009 | — | 14.78 |
| Feb 28, 2008 | — | 17.67 |
| Mar 1, 2007 | — | 21.53 |
| Mar 1, 2006 | 31.40 | 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)
Boston Scientific Corp., P/E, long-term trends, comparison to industry (health care)
| Boston Scientific Corp. | Health Care | |
|---|---|---|
| Feb 23, 2023 | 105.44 | 330,078.16 |
| Feb 23, 2022 | 63.31 | 20.96 |
| Feb 23, 2021 | — | 28.69 |
| Feb 25, 2020 | 11.86 | 20.94 |
| Feb 19, 2019 | 33.06 | 25.33 |
| Feb 20, 2018 | 354.70 | 29.68 |
| Feb 23, 2017 | 96.19 | 21.38 |
| Feb 24, 2016 | — | 19.10 |
| Feb 25, 2015 | — | 20.89 |
| Feb 26, 2014 | — | 18.14 |
| Feb 22, 2013 | — | 15.43 |
| Feb 17, 2012 | 20.04 | 15.48 |
| Feb 17, 2011 | — | 14.45 |
| Feb 26, 2010 | — | 11.43 |
| Feb 27, 2009 | — | 12.78 |
| Feb 28, 2008 | — | 18.99 |
| Mar 1, 2007 | — | 18.38 |
| Mar 1, 2006 | 31.40 | 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).