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ALKS Alkermes PE ratio, current and historical analysis

As at Jun 14, 2024, the ALKS stock has a PE ratio of 9.35. This is based on the current EPS of $2.62 and the stock price of $24.5 per share. A decrease of 61% has been recorded in the P/E ratio compared to the average of 24.1 of the last 4 quarters.

ALKS PE ratio history

How has ALKS's PE ratio performed in the past

Alkermes PE ratio by year

Year PE ratio Change
2023 12.96 N/A
2022 N/A N/A
2021 N/A N/A
2020 N/A N/A
2019 N/A N/A
2018 N/A N/A
2017 N/A N/A
2016 N/A N/A
2015 N/A N/A
2014 N/A N/A

ALKS average PE ratio chart

What is the average PE ratio of ALKS for the past years
3-year avg
5-year avg
10-year avg
15-year avg

ALKS PE vs peers

What is ALKS's PE ratio compared to its peers

ALKS's PE ratio is lower than its peer stocks JNJ and AZN.

Stock name PE ratio Market cap
ALKS Alkermes plc 9.35 $4.15B
JNJ Johnson & Johnson 9.54 $350.27B
NVS Novartis AG 14.27 $215.71B
AZN Astrazeneca plc 38.82 $246.75B
BMY Bristol Myers Squibb Co N/A $83.52B
PFE Pfizer Inc N/A $156B
TEVA Teva Pharmaceutical Industries Ltd N/A $19.44B

Frequently asked questions

What is Alkermes's PE ratio?

The price to earnings ratio for ALKS stock as of Jun 14, 2024, stands at 9.35.

Why is Alkermes's PE ratio so low?

A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future 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 (Jun 14, 2024), Alkermes's stock price is $24.5. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.62. Therefore, Alkermes's P/E ratio for today is 9.35. PE RATIO(9.35) = STOCK PRICE($24.5) / TTM EPS($2.62)

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