AMGN AMGEN PEG ratio, current and historical analysis

  1. Stocks
  2. Healthcare
  3. NASDAQ: AMGN
  4. PEG Ratio
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Relative Growth: Rel. Growth: 83
Relative Strength: Rel. Strength: 79
Relative Valuation: Rel. Valuation: 49
Relative Profitability: Rel. Profitability: 95

AMGN currently shows a PEG ratio reading of 0.85 as of Aug 21, 2026. Dividing the 27.09 PE ratio by the 31.7% earnings growth rate produces this figure. When benchmarked against the trailing 4-quarter average of 0.52, AMGN's PEG ratio reflects a 64% increase.

AMGN PEG ratio history

How has AMGN's PEG ratio performed in the past

A ten years lookback reveals an average PEG ratio of 1.65 for AMGEN. Compared to historical data, AMGN's 0.85 PEG ratio represents a decrease of 48%. 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.

Today
0.85
Average
1.65
Median
0.74
Minimum
0.04
Maximum
9.3

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
Jun 2026 0.7 22.33 31.7%
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%

AMGN average PEG ratio chart

What is the average PEG ratio of AMGN for the past years

Measured against past performance, AMGN's PEG ratio comes in under the 3, 5 and 10-year averages.

3-year avg
1.45
5-year avg
1.19
10-year avg
1.65
15-year avg
4.94

PEG comparison

With a PEG of 0.85, AMGN ranks higher than the Healthcare sector and the industry average. In comparison with the Healthcare sector average of 0.61, AMGEN's PEG is 39% higher.

AMGN EPS growth

Earnings per share growth rates over time chart

AMGN Price vs fair value

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

AMGN PEG vs peers

What is AMGN's PEG ratio compared to its peers

Relative to its peers, AMGN's PEG ratio is below ABBV's yet above LLY's and BMY's.

Frequently asked questions

What is AMGEN's PEG ratio?

AMGN has a PEG ratio of 0.85, per Aug 21, 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 1.45.

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 1.19.

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 48% 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 Aug 21, 2026, AMGEN carries a PE ratio of 27.09. Earnings grew at 31.7% over the TTM period ending Jun 2026. Applying the formula, this yields a PEG ratio of 0.85. PEG RATIO(0.85) = PE RATIO(27.09) / EPS GROWTH(31.7%)

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