ILMN currently has a PEG ratio reading of 1.15 as of Nov 11, 2026. This metric factors in a PE of 36.21 with an earnings growth rate of 31.5%.
A ten years lookback shows an average PEG ratio of 2.37 for Illumina. Compared to historical data, ILMN's 1.15 PEG ratio represents a decrease of 51%. Within the last ten years, the Apr 2022 quarter recorded the highest PEG value at 12.2. At 0.08, the Jun 2025 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.14 | 24.67 | 171.1% |
| 2024 | N/A | N/A | -4.8% |
| 2023 | N/A | N/A | 73.8% |
| 2023 | N/A | N/A | -652.3% |
| 2022 | 5.68 | 75.04 | 13.2% |
| 2021 | N/A | 82.59 | -34.2% |
| 2019 | 2.32 | 48.79 | 21% |
| 2018 | 3.92 | 52.97 | 13.5% |
| 2017 | 0.73 | 44.05 | 60.5% |
| 2017 | N/A | 41.44 | -3.1% |
| 2016 | 2.71 | 60.17 | 22.2% |
| 2014 | 0.45 | 72.11 | 161% |
| 2013 | N/A | 110.38 | -18.7% |
| 2012 | 0.59 | 44.51 | 75.7% |
| 2012 | N/A | 43.54 | -30.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 1.46 | 45.92 | 31.5% |
| Jun 2026 | N/A | 32.69 | -31.8% |
| Mar 2026 | 0.11 | 21.32 | 191.2% |
| Dec 2025 | 0.14 | 24.67 | 171.1% |
| Sep 2025 | 0.14 | 20.51 | 144.9% |
| Jun 2025 | 0.08 | 11.97 | 141.4% |
| Mar 2025 | N/A | N/A | 25.8% |
| Dec 2024 | N/A | N/A | -4.8% |
| Sep 2024 | N/A | N/A | -40.1% |
| Jun 2024 | N/A | N/A | 28% |
| Mar 2024 | N/A | N/A | 71.4% |
| Dec 2023 | N/A | N/A | 73.8% |
| Oct 2023 | N/A | N/A | 73.1% |
| Jul 2023 | N/A | N/A | -33,137.5% |
| Apr 2023 | N/A | N/A | -721.1% |
Measured against past performance, ILMN's PEG ratio is above its 3-year average, yet it comes in under the 5 and 10-year averages.
Illumina's PEG of 1.15 is above the Healthcare sector average but below the industry average. In comparison with its Healthcare sector average of 0.62, Illumina's PEG is 85% higher.
Among its peer stocks TMO and DHR, ILMN's PEG ratio comes in lower.
ILMN's Nov 11, 2026 PEG ratio comes in at 1.15.
Over the last 3 years, ILMN's PEG ratio has centered around 0.39.
Over the last 5 years, ILMN's PEG ratio has centered around 2.83.
In the last ten years, ILMN's peak PEG ratio of 12.2 was recorded in the Apr 2022 quarter.
ILMN currently has a PEG ratio 51% below its 10-year average.
PEG equals PE divided by EPS growth rate (YoY TTM). As of Nov 11, 2026, Illumina carries a P/E ratio of 36.21. Earnings grew at 31.5% over the TTM period ending Sep 2026. Applying the formula, this yields a price to earnings growth ratio of 1.15. PEG RATIO(1.15) = PE RATIO(36.21) / EPS GROWTH(31.5%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.