Thermo Fisher Scientific, Inc. (TMO) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments as of year-end 2025 (reve...

Thermo Fisher Scientific, Inc. (TMO) currently trades at a P/E ratio of 33.96 (historical range: 22.71–38.62, median: 31.01), placing it at the 80th percentile — expensive relative to its history, P/S ratio of 5.15 (range: 3.45–5.65, 85th percentile — expensive relative to its history), EV/EBITDA of 146.26 (range: 26.44–148.60, 99th percentile).

Thermo Fisher Scientific, Inc. appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio33.9622.7131.0138.6280thexpensive relative to its history
P/S Ratio5.153.454.635.6585thexpensive relative to its history
EV/EBITDA146.2626.4451.28148.6099thexpensive relative to its history
FCF Yield0.000.000.010.0413thexpensive relative to its history
Current Price: $617.10
Market Cap: $228.2B
Sector: Healthcare