Boston Scientific Corporation (BSX) Valuation — DCF, Graham & Comparables

Boston Scientific Corporation (BSX) — Price $41.98 (closing price, October 30, 2026) — Healthcare — Medical - Devices — NYSE

Latest reported results:

Valuation dashboard for Boston Scientific Corporation (BSX) with P/E 17.79, P/B 2.44, EV/EBITDA 13.5 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Healthcare companies.

Boston Scientific Corporation (BSX) operates as a global leader in medical technology, specializing in the design, manufacturing, and commercialization of innovative medical devices tailored for a diverse array of interventional medical specialties across the globe. Its business is strategically organized into three principal segments: MedSurg, Rhythm and Neuro, and Cardiovascular.

What would it be worth at its usual multiples?

Versus its usual multiples: cheap · Current P/E 17.8× · Multiples range: $72.43 · $72.43.

At its sector median (30.7×) $72 (+73 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

Boston Scientific Corporation reported revenue of $20.07B in the most recent fiscal year, growing at a 5-year CAGR of 15.2%.

Trailing-twelve-month margins: gross margin 70.4%, operating margin 21.0%, net margin 16.6%.

At $41.98 (closing price, October 30, 2026), BSX trades at a P/E of 17.79 and an ROE of 14.18%. Market capitalisation stands at $60.8B, placing it among large-cap names.

Balance sheet quality for BSX: debt-to-equity ratio of 0.51, current ratio of 1.24 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio17.79
Price / Book2.44
EV / EBITDA13.5
Dividend Yield0.00%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
BSXBoston Scientific Corporation$60.8B17.792.4414.2%
MMSIMerit Medical Systems, Inc.$5.2B32.422.969.7%
LIVNLivaNova PLC$4.3B23.293.2815.4%
ATRCAtriCure, Inc.$3.1B288.645.752.1%
MDTMedtronic Plc$123.5B23.782.4610.6%
EWEdwards Lifesciences Corporation$53.0B52.884.999.7%
PENPenumbra, Inc.$12.6B80.347.9410.4%
TFXTeleflex Incorporated$5.9B2.10-31.8%

Price

Price$41.98 (closing price, October 30, 2026)
Market Cap$60.8B
ExchangeNYSE
CountryUS

Profitability

Return on Equity14.18%
Return on Invested Capital10.46%
Return on Assets7.72%
Gross Margin70.37%
Operating Margin21.05%
Net Margin16.56%

Related companies: MMSI · LIVN · ATRC · MDT · EW · PEN · TFX

Explore sector: Healthcare · Medical - Devices

More sections of BSX: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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