Powerpack

Unlock full stockrow access for only $9.90/month and boost yourself as an investor.

  • Full quarterly history

    Every quarter and TTM period we hold, not just the last 12.

  • Analyst estimates

    Three years of forward estimates and dividend forecasts.

  • Unlimited screener

    All results, unlimited saved screens, email when a screen changes.

  • Unlimited Excel

    Full workbooks and screener exports.

  • Unlimited follows

See Powerpack
Screener Weekly Summary Pricing

Medtronic PLC MDT

Healthcare  —  Medical Devices
88.64 0.13 0.15% as of 25 Sep
Market cap
$112.2B
P/E
21.7×
S&P 500 Member Dividend Champion (10y) Cash Flow Champion (3y) Revenue Champion (3y)
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Medtronic PLC (MDT) P/B ratio

As of 25 September 2026, Medtronic PLC (MDT) trades at a P/B ratio of 2.2×. Over the past ten years it has ranged from 1.5× (July 2015) to 3.9× (January 2015); the current reading is higher than 37% of that period. That is below the Medical Devices industry median of 2.5× and below the Healthcare sector median of 2.5×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2026 2.1× (8.21%)
FY2025 2.3× 6.87%
FY2024 2.1× (9.47%)
FY2023 2.3× (11.12%)
FY2022 2.6× (23.04%)
FY2021 3.4× 32.62%
FY2020 2.6× 8.05%
FY2019 2.4× 11.33%
FY2018 2.1× (6.76%)
FY2017 2.3× 6.79%

Quarterly

Period P/B ratio Change
Jul 2026 2.1× 3.68%
Apr 2026 2.1× (22.59%)
Jan 2026 2.7× 12.51%
Oct 2025 2.4× (0.95%)
43 more quarters

Against its own ten years

Low 1.5× High 3.9×
Ten-year median 2.3×
Current reading's percentile 37

P/B ratio against peers

Company P/B ratio
PHG Koninklijke Philips N.V. compare 1.8×
MDT Medtronic PLC 2.2×
BSX Boston Scientific Corporation compare 2.6×
GEHC GE HealthCare Technologies Inc. compare 2.7×
STE STERIS plc compare 2.8×
ABT Abbott Laboratories compare 3.4×
SYK Stryker Corporation compare 4.4×
EW Edwards Lifesciences Corporation compare 4.6×
DXCM DexCom, Inc. compare 12.6×
Medical Devices industry median 2.5×
Healthcare sector median 2.5×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on MDT