BAX Historical PE Ratio Notes

— Baxter International Inc. (BAX) is a leading global healthcare company specializing in products for critical care, kidney disease, & hospital therapies. The company manufactures equipment & consumables like dialysis machines, IV solutions, infusion pumps, & injectable pharmaceuticals—vital components for hospitals and clinics worldwide. For investors examining historical Price/Earnings (P/E) ratios for BAX, it's important to note that the company's core markets are relatively stable & less cyclical, providing predictable revenue streams even during economic downturns. However, Baxter has navigated periods of change, such as product recalls, regulatory issues, and major acquisitions or spinoffs, which can significantly influence both earnings and investor sentiment. This is often reflected in the P/E ratio: during times of uncertainty or declining earnings, the P/E may rise (if investors anticipate recovery), while periods of strong, reliable earnings growth can result in moderate or lower P/E ratios if expectations are met or exceeded. When reviewing historical charts & tables, pay close attention to events like acquisitions, divestitures, or new product approvals, as these often coincide with shifts in profitability & stock price, directly impacting the P/E ratio observed by the market.

On this page we presented the Baxter Intl Historical PE Ratio information for Baxter Intl' stock. The average BAX historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 16.8. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average BAX historical PE based on this TTM earnings result method is 17.9. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this BAX historical PE result, against the recent PE: when this page was posted on 3/6/2026, the most recent closing price for BAX had been 17.69, and the most recent quarterly earnings result, annualized, was 1.76. Meanwhile, the most recent TTM earnings summed to 2.34. From these numbers, we calculate the recent BAX PE on 3/6/2026 based on annualized quarterly EPS was 10.1. Based on BAX's history, that recent PE is low relative to the historical average, with the recent PE 39.9% lower than the historical average PE across our data set for Baxter Intl. Looking at the recent BAX PE on 3/6/2026 based on TTM EPS, we calculate the ratio at 7.6. Based on BAX's history, that recent PE is low relative to the historical average, with the recent PE 57.5% lower than the average PE across our Baxter Intl data set with TTM EPS used in the calculation at each period.

Another interesting BAX historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for BAX, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for BAX, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.44, 0.59, 0.62, and 0.69. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.59 and 0.62 — which gives us the median of 0.60. Basically the way to think about this 0.60 number is this: for the trailing four earnings reports, 0.60 marks the "middle ground" number where BAX has reported a value higher than 0.60 half the time, and has reported a value lower than 0.60 half the time. Annualizing that median value then gets us to 2.4/share, which we use as the denominator in our next PE calculation. With 17.69 as the numerator (as of 3/6/2026), the calculation is then 17.69 / 2.4 = 7.4 as the BAX PE ratio as of 3/6/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on BAX or any other given stock, valuation analysis for BAX can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Baxter Intl PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for BAX. Thanks for visiting, and the next time you need to research BAX Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.