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ICU MedicalSTU:IC7 80 Forward PE Ratio is 20.63 as of Aug. 17, 2026. GuruFocus rates STU:IC7 with a GF Score™ of 80/100 and a GF Value™ of €105.79 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 390 Medical Devices & Instruments companies, ICU Medical ranks worse than 53.59% on this metric.
ICU Medical's Forward PE Ratio for today is 20.63.
ICU Medical (STU:IC7) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
ICU Medical Forward PE Ratio Related Terms
ICU Medical Forward PE Ratio Historical Data
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The historical data trend for ICU Medical's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ICU Medical Forward PE Ratio Chart
ICU Medical Annual Data
Trend
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
32.79
22.57
23.20
26.04
21.46
19.88
13.64
22.33
17.97
ICU Medical Quarterly Data
2017-09
2017-12
2018-03
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
30.40
32.79
36.23
28.49
22.57
25.19
26.88
19.46
23.20
26.04
27.86
22.47
26.04
29.94
30.03
22.22
21.46
20.66
18.38
18.94
19.88
22.99
24.69
15.77
13.64
20.70
24.69
26.60
22.33
20.90
18.86
14.40
17.97
15.59
18.34
STU:IC7 vs NVST, MMSI, MMED: Forward PE Ratio Comparison
For the Medical Instruments & Supplies subindustry, ICU Medical's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ICU Medical Forward PE Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, ICU Medical's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where ICU Medical's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
ICU Medical (STU:IC7) has a Forward PE Ratio of 20.63 as of Aug. 17, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on ICU Medical and its competitors. According to the industry distribution chart, ICU Medical ranks #209 out of 390 companies in the Medical Devices & Instruments industry, placing it in the top 53.6%.
Is ICU Medical's Forward PE Ratio too high?
ICU Medical's current Forward PE Ratio is 20.63. The Medical Devices & Instruments industry median Forward PE Ratio is 20.27. ICU Medical's value of 20.63 is 1.8% above this industry median. Based on the distribution chart, ICU Medical ranks #209 out of 390 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, ICU Medical has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ICU Medical's Forward PE Ratio compare to NVST and MMSI?
According to the Medical Devices & Instruments industry distribution chart, ICU Medical ranks #209 out of 390 companies for Forward PE Ratio. This places ICU Medical in the lower half of its industry. The industry median Forward PE Ratio is 20.27. ICU Medical's value of 20.63 is 1.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Medical Devices & Instruments company?
The median Forward PE Ratio among Medical Devices & Instruments companies is 20.27, based on 390 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ICU Medical's current Forward PE Ratio of 20.63 is 1.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on ICU Medical and its competitors. For the Medical Devices & Instruments industry, the median Forward PE Ratio is 20.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICU Medical's current Forward PE Ratio is 20.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICU Medical stock overvalued right now?
Based on GuruFocus' analysis, ICU Medical (STU:IC7) is currently considered Significantly Overvalued. The stock's GF Value™ is €105.79, compared to a current price of €158.00 — trading 49.4% above its estimated fair value. The current Forward PE Ratio is 20.63 and 1.8% above the Medical Devices & Instruments industry median of 20.27. ICU Medical's overall GF Score™ is 80/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For ICU Medical (STU:IC7), the current Forward PE Ratio is 20.63 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ICU Medical (STU:IC7) Overvalued in 2026?
Based on GuruFocus' analysis, ICU Medical stock appears to be overvalued.
The current stock price of €158.00 is trading 49.4% above its estimated GF Value™ of €105.79.
GuruFocus considers ICU Medical to be Significantly Overvalued.
Key valuation signals for STU:IC7:
Forward PE Ratio: 20.63
GF Value™: €105.79 vs. price of €158.00 (49.4% above fair value)
Industry Position: 1.8% above the Medical Devices & Instruments median (#209 of 390)
No single metric tells the full story. See the STU:IC7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICU Medical is a California-based pure-play infusion therapy company that provides consumables, systems, and services for virtually every component of the IV continuum of care. ICU has become one of the largest players in its industry following its acquisition of Hospira Infusion Systems from Pfizer in 2017 and Smiths Medical from Smiths Group in 2022. It holds top-tier positions across its three reporting segments: consumables (50% of consolidated revenue), infusion systems (30%), and vital care (20%). The combined entity remains primarily US-focused, generating over 60% of its sales domestically.
80GF Score
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