TMOThermo Fisher Scientific

$633.95

Is the price fair?

What TMO's price assumes

Thermo Fisher Scientific trades at 34.1× earnings against 35.3× for the median Diagnostics & Research name, cheaper than its own group.

34.1

Trailing P/E · Diagnostics & Research median 35.3 · cheaper than the typical name in its group

Price / sales
3.90

Price / sales · as of 2026-Q1

Free cash flow yield
4.2%

Free cash flow yield · Diagnostics & Research median 4.2%

Growth the price implies
+7.8%

Growth the price implies · The price pays for +7.8% free cash flow growth a year for a decade; the business has delivered +7.7% a year over the last three.

Details
Price / book2026-Q1
3.40
EV / EBIT2026-Q1
27.4
EV / sales2026-Q1
4.78
Healthcare median P/E362 names
31.5
Diagnostics & Research median P/E29 names
35.3
Free cash flow, trailing twelve months
$7.32B
Market capitalisation
$172.7B
3-year revenue growth
+2.1%
3-year free cash flow growth
+7.7%
What the market has paid for these earnings: 38 quarters of its own multiple × $18.59 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$534.57
Its own P/E history, median$600.12
Its own P/E history, upper quartile$630.79
52-week range$437.90 – $638.18
Today$633.95

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.