What is MDT's five-year median P/E?

The median, or middle weekly reading, is 26.4× over the last five years. Available history contains 591 weekly observations from Jun 29, 2015 to Oct 19, 2026.

Does a low historical rank mean a stock is a buy?

No. The rank describes a stock’s own history. Changes in growth, financial risk and the business can change the multiple investors pay. P/E uses earnings and P/S uses revenue from the previous twelve months.

Medtronic (MDT) P/E ratio history

Below its usual range

As of Oct 22, 2026

MDT's P/E of 22.9x is lower than 88% of its available weekly readings from the last five years.

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P/E at year-end

Last weekly reading of each completed year. Rank runs from lowest (0%) to highest (100%) within the five years available on that date.

MDT year-end valuation history
Reading date	P/E	5-year rank
Dec 29, 2025	25.9×	27%
Dec 30, 2024	24.8×	13%
Dec 25, 2023	26.8×	33%
Dec 26, 2022	24.1×	15%
Dec 27, 2021	29.8×	40%
Dec 28, 2020	44.7×	90%
Dec 30, 2019	32.9×	55%
Dec 31, 2018	53.4×	98%
Dec 25, 2017	22.1×	0%
Dec 26, 2016	23.7×	1%

Peers on the same measure

Stock	P/E	5-year rank
BAXBaxter International	Unavailable	Unranked
BSXBoston Scientific	18.0×	2%
DXCMDexcom	31.9×	7%
EWEdwards Lifesciences	50.8×	95%

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Health Care Stocks with Low P/E Ratios and Steady Revenue Growth Stocks Below Their 5-Year Median P/E Stocks Near Their Lowest P/E Ratios in 5 Years

Research on MDT

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About this history

What is MDT's current P/E?: MDT's P/E of 22.9x is lower than 88% of its available weekly readings from the last five years.
What is MDT's five-year median P/E?: The median, or middle weekly reading, is 26.4× over the last five years. Available history contains 591 weekly observations from Jun 29, 2015 to Oct 19, 2026.
Does a low historical rank mean a stock is a buy?: No. The rank describes a stock’s own history. Changes in growth, financial risk and the business can change the multiple investors pay. P/E uses earnings and P/S uses revenue from the previous twelve months.