As of May 29, 2025, Thermo Fisher Scientific Inc (TMO) reports a Forward P/E of 17.85.
Forward P/E gauges the price investors pay for each dollar of anticipated earnings, offering insight into a stock's future valuation.
Comparing Thermo Fisher Scientific Inc's Forward P/E to Peers
To better understand Thermo Fisher Scientific Inc's position, it's useful to compare its Forward P/E against industry peers. Below are selected comparisons:
| Company | Forward P/E |
|---|---|
| Thermo Fisher Scientific Inc (TMO) | 17.85 |
| Repligen Corp (RGEN) | 70.23 |
| Mettler-Toledo International Inc (MTD) | 27.08 |
| Waters Corp (WAT) | 26.66 |
| Bio Rad Laboratories Inc (BIO) | 26.34 |
| Bio-Techne Corp (TECH) | 24.50 |
Compared to its competitors, Thermo Fisher Scientific Inc's Forward P/E is about average compared to peers, indicating growth expectations in line with industry peers.