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How Does Dentsply International Compare to Peers after 3Q15?

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Dentsply and its peers

In this article, we’ll compare Dentsply against its peers.

  • The PE (price-to-earnings) ratios for Dentsply International (XRAY), Sirona Dental Systems (SIRO), Align Technology (ALGN), Cantel Medical (CMN), and Integra Lifesciences Holdings (IART) are 31.70x, 33.05x, 40.18x, 51.93x, and 48.54x, respectively.

  • The PBV (price-to-book value) ratios for Dentsply, Sirona, Align, Cantel, and Integra Lifesciences are 3.58x, 4.67x, 6.63x, 6.11x, and 2.73x, respectively.

So Dentsply’s peers have outperformed Dentsply based on PE and PBV.

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ETFs that invest in Dentsply International

The Guggenheim S&P Equal Weight Health Care ETF (RYH) invests 1.9% of its holdings in Dentsply. The ETF tracks an equal-weighted index of US healthcare companies taken from the S&P 500 Index.

The SPDR S&P Health Care Equipment ETF (XHE) invests 1.54% of its holdings in Dentsply. The ETF tracks an equal-weighted index of US healthcare equipment and supplies companies.

The PowerShares S&P 500 Low Volatility Portfolio (SPLV) invests 0.94% of its holdings in Dentsply. The ETF tracks a volatility-weighted index of the 100 least volatile stocks in the S&P 500.

Compared Dentsply and its ETFs

Now let’s compare Dentsply and the ETFs that invest in it.

  • The year-to-date price movement for Dentsply, RYH, XHE, and SPLV are 11.73%, 2.58%, 1.72%, and 3.02%, respectively.
  • The PE (price-to-earnings) ratios for Dentsply, RYH, and SPLV are 31.70x, 28.32x, and 19.48x, respectively.
  • The PBV (price-to-book value) ratios for Dentsply, RYH, XHE, and SPLV are 3.58x, 3.50x, 3.55x, and 2.71x, respectively.

So Dentsply International has outperformed its ETFs based on price movement, PE, and PBV.

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