VAREX IMAGING

VREX Healthcare Medical Devices

VAREX IMAGING’s revenue for fiscal 2025 (year ended September 2025) was $844.6 million, up 4.14% from fiscal 2024.

Revenue
+3.69%
EPS
+117.2%
Free cash flow
+757.1%
Total debt
−5.55%

Quarter to June 2026, against a year earlier

18.45 0.01 +0.05%
Market cap
$783.0M
P/E
34.8×
Fwd P/E
39.2×
Dividend yield
—
F-score
6/9
Altman Z
1.66
Beneish M
−3.13
Dividend safety
n/a

VAREX IMAGING (VREX) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, VAREX IMAGING (VREX) trades at a P/E ratio of 34.8×. Over the past ten years it has ranged from 0.0× (June 2026) to 221× (April 2020); the current reading is higher than 76% of that period. That is above the Medical Devices industry median of 25.6× and above the Healthcare sector median of 25.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 15.5× (43.54%)
FY2022 27.5× (56.19%)
FY2021 62.7× —
FY2020 0.0× —
FY2019 66.4× 73.60%
FY2018 38.2× 53.99%
FY2017 24.8× 89.13%
FY2016 13.1× 0.00%

Quarterly newest first

Period P/E ratio Change
Jun 2026 19.7× —
Mar 2026 0.0× —
Dec 2025 0.0× —
Sep 2025 0.0× —
39 more quarters

Against its own ten years

Low 0.0× High 221×
Ten-year median 22.6×
Current reading's percentile 66

P/E ratio against peers

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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