Pro Medicus (ASX:PME) PE Ratio: 82.65 (As of Jun. 25, 2026) — 42% Below Median


ASX:PME Pro Medicus Ltd ASX:PME
98 GF Score
Price A$185.39
GF Value A$244.95
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Pro Medicus PE Ratio?

Pro Medicus ASX:PME +3.58% 98 PE Ratio is 82.65 as of Jun. 25, 2026, which is 42% below its 10-year median of 142.66. GuruFocus rates ASX:PME with a GF Score™ of 98/100 and a GF Value™ of A$244.95 (Modestly Undervalued). The stock has 1 warning sign investors should review.

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-06-25), Pro Medicus's share price is A$185.39. Pro Medicus's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$2.24. Therefore, Pro Medicus's PE Ratio for today is 82.65.

During the past 13 years, Pro Medicus's highest PE Ratio was 361.33. The lowest was 54.78. And the median was 142.66.

Pro Medicus's EPS (Diluted) for the six months ended in Dec. 2025 was A$1.64. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$2.24.

As of today (2026-06-25), Pro Medicus's share price is A$185.39. Pro Medicus's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was A$2.24. Therefore, Pro Medicus's PE Ratio without NRI ratio for today is 82.65.

During the past 13 years, Pro Medicus's highest PE Ratio without NRI was 361.33. The lowest was 54.78. And the median was 142.66.

Pro Medicus's EPS without NRI for the six months ended in Dec. 2025 was A$1.64. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was A$2.24.

During the past 12 months, Pro Medicus's average EPS without NRI Growth Rate was 138.90% per year. During the past 3 years, the average EPS without NRI Growth Rate was 37.30% per year. During the past 5 years, the average EPS without NRI Growth Rate was 38.10% per year. During the past 10 years, the average EPS without NRI Growth Rate was 39.50% per year.

During the past 13 years, Pro Medicus's highest 3-Year average EPS without NRI Growth Rate was 81.70% per year. The lowest was -60.10% per year. And the median was 33.30% per year.

Pro Medicus's EPS (Basic) for the six months ended in Dec. 2025 was A$1.64. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was A$2.25.

Back to Basics: PE Ratio


Pro Medicus  (ASX:PME) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items 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.


Pro Medicus PE Ratio Related Terms


Pro Medicus PE Ratio Historical Data

* Premium members only.

The historical data trend for Pro Medicus's 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.

Pro Medicus PE Ratio Chart

Pro Medicus Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 199.05 99.41 113.17 181.11 258.93

Pro Medicus Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss 181.11 At Loss 258.93 At Loss

ASX:PME vs VEEV, BTSG, TEM: PE Ratio Comparison

For the Health Information Services subindustry, Pro Medicus's PE Ratio, along with its competitors' market caps and 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.


Pro Medicus PE Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pro Medicus's PE Ratio distribution charts can be found below:

* The bar in red indicates where Pro Medicus's PE Ratio falls into.


ASX:PME
98GF Score
Pro Medicus Ltd ASX:PME
PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pro Medicus PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Pro Medicus's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=185.39/2.243
=82.65

Pro Medicus's Share Price of today is A$185.39.
For company reported semi-annually, Pro Medicus's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$2.24.


* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio →
What does a PE Ratio of 82.65 mean?
Pro Medicus (ASX:PME) has a PE Ratio of 82.65 as of Jun. 25, 2026. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Pro Medicus and its competitors. This is 42% below median its historical median of 142.66. Over the past decade, Pro Medicus' PE Ratio has ranged from 54.78 to 361.33.
Is Pro Medicus' PE Ratio too high?
Pro Medicus' current PE Ratio of 82.65 is 42% below median its 10-year median of 142.66. Over the past 10 years, this metric has ranged from a low of 54.78 to a high of 361.33. Overall, Pro Medicus has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pro Medicus' PE Ratio compare to VEEV and BTSG?
Pro Medicus' PE Ratio of 82.65 can be compared against companies in the Healthcare Providers & Services industry. Historically, Pro Medicus' own PE Ratio has ranged from 54.78 to 361.33 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio for a Healthcare Providers & Services company?
A good PE Ratio depends on the Healthcare Providers & Services industry context. However, PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio mean?
A high PE Ratio can signal that a stock is expensive relative to its fundamentals. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Pro Medicus and its competitors. Pro Medicus's current PE Ratio is 82.65, which is 42% below median its own 10-year median of 142.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pro Medicus stock overvalued right now?
Based on GuruFocus' analysis, Pro Medicus (ASX:PME) is currently considered Modestly Undervalued. The stock's GF Value™ is A$244.95, compared to a current price of A$185.39 — trading 24.3% below its estimated fair value. The current PE Ratio is 82.65, which is 42% below median its 10-year median of 142.66. Pro Medicus' overall GF Score™ is 98/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio calculated?
PE Ratio is calculated from a company's financial statements. For Pro Medicus (ASX:PME), the current PE Ratio is 82.65 as of Jun. 25, 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 Pro Medicus (ASX:PME) Overvalued in 2026?

Based on GuruFocus' analysis, Pro Medicus stock appears to be undervalued. The current stock price of A$185.39 is trading 24.3% below its estimated GF Value™ of A$244.95. GuruFocus considers Pro Medicus to be Modestly Undervalued.

Key valuation signals for ASX:PME:

  • PE Ratio: 82.65 (42% below median its 10-year median of 142.66)
  • GF Value™: A$244.95 vs. price of A$185.39 (24.3% below fair value)
  • GF Score™: 98/100 with 1 warning sign

No single metric tells the full story. See the ASX:PME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pro Medicus Business Description

Address 450 Swan Street, Richmond, VIC, AUS, 3121
Pro Medicus is a healthcare IT company specializing in radiology imaging software. Its main product, Visage 7, is a clinical desktop application that radiologists use to view, enhance, and manipulate images from any device and make a diagnosis. Its main customers are US private academic hospitals. In fiscal 2025, Pro Medicus earned 90% of revenue in North America, 8% from Australia, and the remaining 2% in Europe.
98GF Score

Get the complete analysis for ASX:PME

PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$185.39
Price
A$244.95
GF Value