INCY Incyte PE ratio, current and historical analysis
As of Nov 21, 2024, the Incyte stock's PE ratio is 414.06. This results from the current EPS of $0.17 and stock price of $70.39. The P/E ratio has an increase of 181% from the past four quarters average of 147.2.
INCY PE ratio history
The PE ratio of Incyte has averaged 240.37 over the last ten years. The current PE ratio of 414.06 is 72% above the historical average. In the past ten 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.
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
Currently, INCY's PE ratio is greater than its 3, 5 and 10-year historical averages.
INCY PE vs peers
INCY's PE ratio is higher than its peer stocks LLY and NVS. Incyte's current PE ratio of 414.06 is comparable to the average of its peer group, which is 41.34.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NVS Novartis AG | 12.03 | $207.63B |
| PFE Pfizer Inc | 33.07 | $142.41B |
| AMGN Amgen Inc | 36.74 | $155.83B |
| LGND Ligand Pharmaceuticals Inc | 44.15 | $2.2B |
| LLY ELI LILLY & Co | 80.72 | $711.91B |
| INCY Incyte Corp | 414.06 | $13.56B |
| ARDX Ardelyx Inc | N/A | $1.21B |
| GERN Geron Corp | N/A | $2.43B |
Frequently asked questions
What is Incyte's PE ratio?
INCY stock has a price to earnings ratio of 414.06 as of Nov 21, 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 69.17.
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 62.0.
What is the highest PE ratio for INCY?
Over the last ten 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 72% above its 10-year historical average.
Why is Incyte's PE ratio so high?
INCY's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
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 (Nov 21, 2024), Incyte's stock price is $70.39. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.17. Therefore, Incyte's P/E ratio for today is 414.06. PE RATIO(414.06) = STOCK PRICE($70.39) / TTM EPS($0.17)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.