Diagnostic Equipment Stocks Scatter Chart

32 companies Industry in Healthcare P/E vs Revenue Growth (1y) (TTM)
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P/E vs Revenue Growth (1y) (TTM)

Company Outlier, pinned to the edge Highlighted Trend

Each dot is one of the 32 Diagnostic Equipment stocks, sized by market cap. The median Revenue Growth (1y) (TTM) is 6.9% and the median P/E 34.13. Pinned to the edge: 0 outliers on X and 3 on Y.

Rank correlation 0.02 Trend R² 0.01 X middle half 4.5% to 14.4% Y middle half 23.50 to 46.01
8High Revenue Growth (1y) (TTM), high P/E
8Low Revenue Growth (1y) (TTM), high P/E
8Low Revenue Growth (1y) (TTM), low P/E
8High Revenue Growth (1y) (TTM), low P/E

Quadrants split at the medians. Hover a dot for its true values; click to open the company. Outliers are more than 3× the interquartile range beyond the quartiles.

Companies

32 plotted
# Industry
1 TMOThermo Fisher Scientific 7.2% 36.20 $252.21B Life Sciences Tools
2 ABTAbbott Laboratories 8.1% 33.29 $180.61B Medical Devices
3 DHRDanaher 4.6% 40.82 $163.46B Life Sciences Tools
4 ISRGIntuitive Surgical 20.5% 52.88 $156.38B Medical Devices
5 MDTMedtronic 9.8% 23.05 $120.60B Medical Devices
6 CAHCardinal Health 14.2% 34.62 $59.34B Drug Distribution
7 BDXBecton Dickinson 17.4% 56.97 $53.61B Medical Supplies
8 AAgilent Technologies 8.6% 34.41 $49.56B Life Sciences Tools
9 IDXXIdexx Laboratories 12.8% 39.44 $44.95B Animal Health
10 ILMNIllumina 4.9% 49.50 $40.83B Life Sciences Tools
11 GEHCGE HealthCare Technologies 6.5% 16.36 $32.47B Diagnostic Equipment
12 PHGKoninklijke Philips 6.1% 13.65 $25.16B Diagnostic Equipment
13 FTVFortive 5.6% 34.31 $18.34B Industrial Machinery
14 RVTYRevvity 4.1% 75.27 $17.88B Life Sciences Tools
15 COOCooper Companies 4.7% 20.64 $11.77B Medical Devices
16 TECHBio-Techne -0.4% 62.33 $11.33B Life Sciences Tools
17 QGENQiagen 3.0% 26.73 $10.94B Life Sciences Tools
18 BIOBio-Rad Laboratories 1.4% 44.84 $9.97B Life Sciences Tools
19 LNTHLantheus Holdings 2.3% 23.65 $6.51B Diagnostic Equipment
20 STVNStevanato Group S.p.A 14.8% 33.95 $5.33B Medical Supplies
21 VCYTVeracyte 17.3% 33.50 $3.84B Diagnostic Labs
22 MIRMirion Technologies 15.7% 148.29OUT $3.63B Nuclear Equipment
23 CDNACareDx 34.4% 31.81 $3.53B Diagnostic Labs
24 OSISOsi Systems 4.3% 21.18 $3.28B Defense
25 SXIStandex International 12.8% 28.23 $2.95B Industrial Machinery
26 VREXVarex Imaging 5.3% 35.09 $775.48M Diagnostic Equipment
27 MLABMesa Laboratories 3.0% 153.74OUT $737.96M Life Sciences Tools
28 RELLRichardson Electronics 13.9% 31.79 $271.25M Electrical Equipment
29 VASOVaso 3.4% 20.43 $51.04M Medical Devices
30 PRPOPrecipio 23.0% 113.81OUT $34.37M Diagnostic Labs
31 USAQQHSLab 26.3% 7.41 $3.39M Healthcare IT
32 ESMCEscalon Medical 5.7% 0.67 $1.26M Medical Devices

Frequently Asked Questions

Which Diagnostic Equipment stocks look cheap relative to their growth?

Among Diagnostic Equipment stocks, the largest companies growing revenue faster than the median (6.9%) while trading below the median P/E (34.13) are Abbott Laboratories (ABT), Medtronic (MDT), Stevanato Group S.p.A (STVN), Veracyte (VCYT) and CareDx (CDNA). A low multiple next to fast growth can be an opportunity or a sign the market doubts the growth will last.

Which Diagnostic Equipment stocks are expensive for their growth?

The largest companies with a P/E above the median and revenue growth below it are Danaher (DHR), Illumina (ILMN), Fortive (FTV), Revvity (RVTY) and Bio-Techne (TECH).

What is the median P/E of Diagnostic Equipment stocks?

The median P/E across the 32 Diagnostic Equipment stocks plotted is 34.13, with the middle half between 23.50 and 46.01.

What is the median Revenue Growth (1y) (TTM) of Diagnostic Equipment stocks?

The median is 6.9%, with the middle half between 4.5% and 14.4%.

Is there a relationship between Revenue Growth (1y) (TTM) and P/E for Diagnostic Equipment stocks?

The rank correlation (Spearman) is 0.02, a no meaningful positive relationship: knowing one tells you little about the other.

How does this chart handle outliers?

A company whose value lies more than three interquartile ranges beyond the first or third quartile is treated as an outlier. By default it stays on the chart, pinned to the edge as an open marker, and its true value is shown in the tooltip and the table. In this view 0 companies are outliers on Revenue Growth (1y) (TTM) and 3 on P/E. You can switch to percentile clamping, exclude outliers, or plot raw values on a log scale.

Metrics from Business Quant's screener: trailing-twelve-month figures from SEC filings and multiples on the latest close. A company appears once even when it lists more than one share class. A company with a secondary business line in this industry is included unless you choose primary industry only. Nothing on this page is investment advice.