Back to INCY overview

INCY Incyte PE ratio, current and historical analysis

As of Jun 20, 2024, the Incyte stock's PE ratio is 18.73. This results from the current EPS of $3.33 and stock price of $62.36. The P/E ratio has decreased by 31% from the past four quarters average of 27.3.

INCY PE ratio history

How has INCY's PE ratio performed in the past

The PE ratio of Incyte has averaged 237.56 over the last nine years. The current PE ratio of 18.73 is 92% below the historical average. In the past nine years, INCY's PE ratio was at its highest in the Dec 2015 quarter at 2,711.25, when the stock price was $108.45 and the EPS was $0.04. The lowest value was in the Sep 2022 quarter, when it reached 16.83 with a price of $66.64 and an EPS of $3.96.

Average
237.56
Median
45.74
Minimum
16.83
Maximum
2,711.25

Incyte PE ratio by year

Maximum annual increase: 207.56% in 2022

Maximum annual decrease: -93.28% in 2016

Year PE ratio Change
2023 23.52 -55.2%
2022 52.5 207.56%
2021 17.07 N/A
2020 N/A N/A
2019 41.98 -65.67%
2018 122.29 N/A
2017 N/A N/A
2016 182.31 -93.28%
2015 2,711.25 N/A
2014 N/A N/A

INCY average PE ratio chart

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

Currently, INCY's PE ratio is lower than the 3, 5 and 10-year averages.

3-year avg
30.38
5-year avg
33.86
10-year avg
237.56
15-year avg
237.56

INCY PE vs peers

What is INCY's PE ratio compared to its peers

INCY's PE ratio is lower than its peer stocks LLY and AMGN, but it is greater than NVS's and LGND's.

Stock name PE ratio Market cap
NVS Novartis AG 14.2 $214.69B
LGND Ligand Pharmaceuticals Inc 14.57 $1.43B
INCY Incyte Corp 18.99 $14.2B
AMGN Amgen Inc 43.76 $165.25B
LLY ELI LILLY & Co 129.6 $840.04B
PFE Pfizer Inc N/A $157.19B
ARDX Ardelyx Inc N/A $1.44B
GERN Geron Corp N/A $2.76B

Frequently asked questions

What is Incyte's PE ratio?

INCY stock has a price to earnings ratio of 18.73 as of Jun 20, 2024.

What is the 3-year average PE ratio for Incyte (INCY)?

As an average over the last 3 years, INCY stock has a PE ratio of 30.38.

What is the 5-year average PE ratio for Incyte (INCY)?

As an average over the last 5 years, INCY stock has a PE ratio of 33.86.

What is the highest PE ratio for INCY?

Over the last nine years, the quarterly PE ratio reached a historic high of 2,711.25 in the Dec 2015 quarter.

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

INCY's price to earnings ratio is currently 92% below its 9-year historical average.

How is INCY's PE ratio calculated (Incyte PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 20, 2024), Incyte's stock price is $62.36. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.33. Therefore, Incyte's P/E ratio for today is 18.73. PE RATIO(18.73) = STOCK PRICE($62.36) / TTM EPS($3.33)

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