Is Medtronic plc overvalued?

Medtronic plc (MDT) looks fairly valued — trading about 6% below its fair value.

Fairly valued

Price

$90.76

Fair value

$96.31

Current P/E

24.3

Normal P/E

25.8

Market cap

$116.18B

Dividend yield

3.1%

Return on equity

9.8%

Sector

Healthcare

Fair value compares MDT's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 11 Aug 2026.

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