ALKS Alkermes PE ratio, current and historical analysis

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Relative Growth: Rel. Growth: 33
Relative Strength: Rel. Strength: 87
Relative Valuation: Rel. Valuation: 16
Relative Profitability: Rel. Profitability: 53

As at Aug 13, 2026, the ALKS stock has a PE ratio of 123.63. This is based on the current EPS of $0.4 and the stock price of $49.45 per share. An increase of 144% has been recorded in the P/E ratio compared to the average of 50.6 of the last 4 quarters.

ALKS PE ratio history

How has ALKS's PE ratio performed in the past

The mean historical PE ratio of Alkermes over the last four years is 28.34. The current 123.63 PE ratio is 336% above the historical average. In the past four years, ALKS's PE ratio was at its highest in the Jun 2026 quarter at 130.99, with a price of $52.4 and an EPS of $0.4. The Mar 2024 quarter recorded the bottom point at 10.33, with a price of $27.07 and an EPS of $2.62.

Today
123.63
Average
28.34
Median
14.49
Minimum
10.33
Maximum
130.99

Alkermes PE ratio by year

Maximum annual increase: 46.95% in 2025

Maximum annual decrease: -0.08% in 2024

Year PE ratio PE change Price EPS
2025 19.03 46.95% $27.98 $1.47
2024 12.95 -0.08% $28.76 $2.22
2023 12.96 N/A $27.74 $2.14
2022 N/A N/A $26.13 -$0.97
2021 N/A N/A $23.26 -$0.3
2020 N/A N/A $19.95 -$0.7
2019 N/A N/A $20.4 -$1.25
2018 N/A N/A $29.51 -$0.9
2017 N/A N/A $54.73 -$1.03
2016 N/A N/A $55.58 -$1.38
2015 N/A N/A $79.38 -$1.52
2014 N/A N/A $58.56 -$0.21
2013 124.74 N/A $23.7 $0.19
2012 N/A N/A $18.55 -$0.99
2011 N/A N/A $12.95 -$0.48

Alkermes PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Jun 2026 130.99 244.53% $52.4 $0.4
Mar 2026 38.02 99.79% $35.36 $0.93
Dec 2025 19.03 31.33% $27.98 $1.47
Sep 2025 14.49 8.38% $30 $2.07
Jun 2025 13.37 -12.96% $28.61 $2.14
Mar 2025 15.36 18.61% $33.02 $2.15
Dec 2024 12.95 -7.04% $28.76 $2.22
Sep 2024 13.93 0% $27.99 $2.01
Jun 2024 13.93 34.85% $24.1 $1.73
Mar 2024 10.33 -20.29% $27.07 $2.62
Dec 2023 12.96 -40.3% $27.74 $2.14
Sep 2023 21.71 -57.69% $28.01 $1.29
Jun 2023 51.31 N/A $31.3 $0.61
Mar 2023 N/A N/A $28.19 -$1
Dec 2022 N/A N/A $26.13 -$0.97

ALKS Price vs fair value

How does ALKS's price compare to its estimated fair value based on its growth

ALKS average PE ratio chart

What is the average PE ratio of ALKS for the past years

ALKS's current P/E ratio is above the 3, 5 and 10-year historical averages.

3-year avg
26.42
5-year avg
28.34
10-year avg
28.34
15-year avg
89.42

PE comparison

With a P/E of 123.63, ALKS stands above the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 24.28, Alkermes's P/E is 409% higher.

ALKS PE vs peers

What is ALKS's PE ratio compared to its peers

Frequently asked questions

What is Alkermes's PE ratio?

The price to earnings ratio for ALKS stock as of Aug 13, 2026, stands at 123.63.

What is the 3-year average PE ratio for Alkermes (ALKS)?

As an average over the last 3 years, ALKS stock has a PE ratio of 26.42.

What is the 5-year average PE ratio for Alkermes (ALKS)?

As an average over the last 5 years, ALKS stock has a PE ratio of 28.34.

What is the highest PE ratio for ALKS?

The highest quarterly PE ratio in the last four years has been 130.99 and it was in the Jun 2026 quarter.

How does the current PE ratio for ALKS compare to its historical average?

ALKS's current price to earnings ratio is 336% above its 4-year historical average.

Why is Alkermes's PE ratio so high?

ALKS's PE ratio of 123.63 is considered high because the company's stock price is trading at a higher multiple of earnings.

How is ALKS's PE ratio calculated (Alkermes PE ratio formula)?

The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Aug 13, 2026), Alkermes's stock price is $49.45. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $0.4. Therefore, Alkermes's P/E ratio for today is 123.63. PE RATIO(123.63) = STOCK PRICE($49.45) / TTM EPS($0.4)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.