AMGN
AMGEN
PEG ratio, current and historical analysis
- Stocks
- Healthcare
- NASDAQ: AMGN
- PEG Ratio
AMGN currently shows a PEG ratio reading of 0.86 as of Jul 31, 2026. Dividing the 26.6 PE ratio by the 31.0% earnings growth rate produces this figure. When benchmarked against the trailing 4-quarter average of 0.39, AMGN's PEG ratio reflects a 119% increase.
AMGN PEG ratio history
A ten years lookback reveals an average PEG ratio of 1.69 for AMGEN. Compared to historical data, AMGN's 0.86 PEG ratio represents a decrease of 49%. The ten years high came in the Dec 2019 quarter at 9.3, reflecting peak valuation relative to growth. The bottom was reached in the Dec 2018 quarter at 0.04, suggesting favorable value relative to growth during that period.
AMGEN PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.26 | 22.84 | 88.1% |
| 2024 | N/A | 34.2 | -39.3% |
| 2023 | 7.4 | 22.93 | 3.1% |
| 2022 | 1.21 | 21.56 | 17.8% |
| 2021 | N/A | 21.76 | -16.6% |
| 2020 | N/A | 18.54 | -4.3% |
| 2019 | 9.3 | 18.6 | 2% |
| 2018 | 0.04 | 15.33 | 368.6% |
| 2017 | N/A | 64.17 | -73.7% |
| 2016 | 1.11 | 14.17 | 12.8% |
| 2015 | 0.51 | 17.74 | 34.6% |
| 2014 | 33.47 | 23.43 | 0.7% |
| 2013 | 0.83 | 16.9 | 20.3% |
| 2012 | 0.41 | 15.37 | 37.8% |
| 2011 | N/A | 15.78 | -15.6% |
AMGEN PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.78 | 24.3 | 31% |
| Dec 2025 | 0.26 | 22.84 | 88.1% |
| Sep 2025 | 0.33 | 21.66 | 65.1% |
| Jun 2025 | 0.2 | 22.66 | 110.6% |
| Mar 2025 | 0.49 | 28.19 | 57% |
| Dec 2024 | N/A | 34.2 | -39.3% |
| Sep 2024 | N/A | 40.84 | -44.2% |
| Jun 2024 | N/A | 53.41 | -60.8% |
| Mar 2024 | N/A | 40.39 | -52.5% |
| Dec 2023 | 7.4 | 22.93 | 3.1% |
| Sep 2023 | 1.46 | 18.99 | 13% |
| Jun 2023 | 0.57 | 14.87 | 26.2% |
| Mar 2023 | 0.36 | 16.32 | 45.5% |
| Dec 2022 | 1.21 | 21.56 | 17.8% |
| Sep 2022 | 0.64 | 18 | 28.1% |
AMGN average PEG ratio chart
Measured against past performance, AMGN's PEG ratio comes in under the 3, 5 and 10-year averages.
PEG comparison
With a PEG of 0.86, AMGN ranks higher than the Healthcare sector and the industry average. In comparison with the Healthcare sector average of 0.56, AMGEN's PEG is 54% higher.
AMGN EPS growth
AMGN Price vs fair value
AMGN PEG vs peers
Among its peer stocks LLY and GILD, AMGN's PEG ratio runs higher.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| BMY Bristol-Myers Squibb Company | 0.18 | $136.19B |
| GILD Gilead Sciences Inc | 0.32 | $162.55B |
| LLY Lilly(Eli) & Company | 0.32 | $1.08T |
| AMGN AMGEN Inc | 0.86 | $208.99B |
| PFE Pfizer Inc | N/A | $144.22B |
| ABBV Abbvie Inc | N/A | $443.96B |
| BIIB Biogen Inc | N/A | $29.83B |
| JNJ Johnson & Johnson | N/A | $612.99B |
| ABT Abbott Laboratories | N/A | $188.7B |
| ILMN Illumina Inc | N/A | $30.41B |
Frequently asked questions
What is AMGEN's PEG ratio?
AMGN has a PEG ratio of 0.86, per Jul 31, 2026 data.
What is the 3-year average PEG ratio for AMGEN (AMGN)?
Historical data over a 3-year period puts AMGN's average PEG ratio at 1.56.
What is the 5-year average PEG ratio for AMGEN (AMGN)?
Historical data over a 5-year period puts AMGN's average PEG ratio at 1.23.
What is the highest PEG ratio for AMGN?
The Dec 2019 quarter marked the ten years high at 9.3 for AMGN's PEG ratio.
How does the current PEG ratio for AMGN compare to its historical average?
Compared to the 10-year average, AMGN's PEG ratio sits 49% lower.
How is AMGN's PEG ratio calculated (AMGEN PEG ratio formula)?
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jul 31, 2026, AMGEN carries a PE ratio of 26.6. Earnings grew at 31.0% over the TTM period ending Mar 2026. Applying the formula, this yields a PEG ratio of 0.86. PEG RATIO(0.86) = PE RATIO(26.6) / EPS GROWTH(31.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.