Align Technology, Inc.
ALGN
Rank in Stocks
#1991
Align Technology, Inc. is a medical technology enterprise that develops,... Align Technology, Inc. is a medical technology enterprise that develops, produces, and markets its leading products: Invisalign transparent dental aligners and iTero digital intraoral scanners, along with related services. These offerings serve a wide range of dental professionals, including orthodontists, general dentists, and those specializing in restorative and cosmetic dentistry. The company's operations are divided into two main business units: "Clear Aligner" and "Scanners and Services." The Clear Aligner segment offers a variety of solutions. Its comprehensive products include the full Invisalign treatment for teenage patients, designed to address complex orthodontic needs such as mandibular advancement, patient compliance tracking, and managing tooth eruption. It also features specialized Invisalign First Phase I and Phase 2 packages for younger children, typically aged seven to ten, who have mixed dentition (a combination of primary and permanent teeth). Beyond these, the segment provides non-comprehensive aligner options like Invisalign moderate, lite, express, and Invisalign Go. Additional non-case products include retention devices, fees for Invisalign training, and sales of ancillary items such as cleaning materials and adjustment tools used by dental practitioners during treatment. The Scanners and Services segment centers around the iTero scanner, a unified hardware platform offering various software applications for both restorative and orthodontic procedures. It supplies specialized restorative software to general dentists, prosthodontists, periodontists, and oral surgeons, as well as distinct software for orthodontists to manage digital patient records, perform diagnoses, and facilitate the fabrication of printed models and retainers. This segment also provides computer-aided design and manufacturing (CAD/CAM) services, along with supplementary products like disposable covers for the scanner wand and iTero models and dies. Furthermore, it includes third-party scanners and digital scan solutions, the Invisalign Outcome Simulator (a chair-side and cloud-based application for the iTero scanner), the Invisalign Progress Assessment tool, and TimeLapse technology, which enables clinicians to compare a patient's historical 3D scans against current data. Align Technology distributes its products worldwide, with a strong presence in the United States, Switzerland, and China. Founded in 1997, the company is headquartered in Tempe, Arizona.
Share Price
$149.74
Market Cap
$10.64B
Change (1 day)
0.50%
Change (1 year)
10.98%
Country
US
Trade Align Technology, Inc. (ALGN)
Category
Healthcare
P/E ratio for Align Technology, Inc. (ALGN)
P/E ratio as of October 2026 TTM: 25.08
According to Align Technology, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.08. At the end of 2024 the company had a P/E ratio of 37.05.
P/E ratio history for Align Technology, Inc. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 25.08 | -9.14% |
| 2025 | 27.60 | -25.50% |
| 2024 | 37.05 | -21.25% |
| 2023 | 47.05 | 3.17% |
| 2022 | 45.61 | -32.11% |
| 2021 | 67.18 | 183.46% |
| 2020 | 23.70 | -52.65% |
| 2019 | 50.05 | 19.47% |
| 2018 | 41.89 | -45.51% |
| 2017 | 76.89 | 89.99% |
| 2016 | 40.47 | 10.64% |
| 2015 | 36.58 | 18.14% |
| 2014 | 30.96 | -56.75% |
| 2013 | 71.59 | 88.02% |
| 2012 | 38.07 | 37.29% |
| 2011 | 27.73 | 38.99% |
| 2010 | 19.95 | -150.67% |
| 2009 | -39.38 | -638.75% |
| 2008 | 7.31 | -76.70% |
| 2007 | 31.37 | -224.12% |
| 2006 | -25.27 | -108.95% |
| 2005 | 282.26 | 283.94% |
| 2004 | 73.52 | -255.13% |
| 2003 | -47.39 | 2,511.46% |
| 2002 | -1.81 | -5.45% |
| 2001 | -1.92 | 81.95% |
| 2000 | -1.05 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 33.11 | 32.03% |
US
|
|
| 21.39 | -14.71% |
IE
|
|
| 28.94 | 15.43% |
US
|
|
| 17.34 | -30.86% |
US
|
|
| - | - |
DE
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.