Medtronic PLC PEG Ratio
Data as of August 04, 2026
PEG Ratio
1.90
PE Ratio (TTM)
22.76
EPS (TTM)
$3.73
Sector
Health Care
How It's Calculated
1.90 = 22.76 ÷ Growth Rate
What This Means
Medtronic PLC's PEG ratio of 1.90 is in the fairly valued range. The stock's PE ratio is roughly in line with its expected earnings growth rate.
About Medtronic PLC
Medtronic PLC (MDT) operates in the Health Care sector, specifically in Health Care. With a market capitalization of about $109.30B, it ranks as a large-cap stock — a major established company.
Shares recently traded near $86.68, within a 52-week range of $73.31 to $106.33 (-18.5% from the high, +18.2% from the low). Beta of 0.57 indicates relatively lower volatility versus the market.
Trailing profit margin is about 13.2%, signaling a solid profit margin for its industry.
Understanding This Metric
The PEG ratio adjusts the PE multiple for expected earnings growth, helping compare fast-growing and slow-growing names on a more equal footing. For Medtronic PLC, a PEG near 1 is often described as fairly valued relative to growth, though the growth estimate itself can change quickly with guidance revisions.
Sector Comparison
Among Health Care names on our S&P 100 coverage, Medtronic PLC's PEG ratio of 1.90 can be compared with peers such as UNH (1.74), ABT (1.93), CVS (0.93). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Health Care stocks.
Key Takeaways
- MDT is grouped in the Health Care sector for peer comparisons.
- Recent beta of 0.57 suggests lower-than-market price sensitivity.
- Trailing profit margin of 13.2% provides context for how much earnings support the headline multiple.
Related Tools & Guides
Explore calculators and guides connected to this metric, or view all metrics for MDT.
Learn the full workflow
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Frequently Asked Questions
What is MDT's PEG ratio?
PEG adjusts PE for expected earnings growth: PEG ≈ PE ÷ earnings growth rate. Medtronic PLC's PEG of 1.90 is a shorthand for growth-at-a-reasonable-price comparisons.
Does PEG suggest growth at a reasonable price?
PEG above 1.5 (1.90) may mean the market prices in high growth — or that growth estimates lag reality.
What are limitations of PEG for MDT?
PEG depends on a single growth estimate, ignores balance sheet risk, and can mislead when earnings are volatile. Use it with PE, margins, and Health Care peers — not as a standalone verdict.
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