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INVA Innoviva PE ratio, current and historical analysis

As of Jun 12, 2024, the Innoviva stock's PE ratio is 5.64. This takes into account the latest EPS of $2.82 and stock price of $15.9. The PE ratio has decreased by 27% from its last 4 quarters average of 7.8.

INVA PE ratio history

How has INVA's PE ratio performed in the past

The PE ratio of Innoviva has averaged 10.29 over the last eight years. The current price-to-earnings ratio of 5.64 is 45% less than the historical average. Analyzing the last eight years, INVA's PE ratio reached its highest point in the Jun 2016 quarter at 61.94, when the price was $10.53 and the EPS was $0.17. The lowest point was recorded in the Sep 2022 quarter, when it reached 2.68 with a price of $11.61 and an EPS of $4.33.

Average
10.29
Median
6.02
Minimum
2.68
Maximum
61.94

Innoviva PE ratio by year

Maximum annual increase: 105.39% in 2019

Maximum annual decrease: -60.79% in 2018

Year PE ratio Change
2023 5.83 34.95%
2022 4.32 -18.8%
2021 5.32 -5.17%
2020 5.61 -38.62%
2019 9.14 105.39%
2018 4.45 -60.79%
2017 11.35 -42.71%
2016 19.81 N/A
2015 N/A N/A
2014 N/A N/A

INVA average PE ratio chart

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

The current PE ratio of INVA is under its 3, 5 and 10-year averages.

3-year avg
6.12
5-year avg
5.85
10-year avg
10.29
15-year avg
10.29

INVA PE vs peers

What is INVA's PE ratio compared to its peers
Stock name PE ratio Market cap
INVA Innoviva Inc 5.67 $998.49M
OPK Opko Health Inc N/A $895.63M

Frequently asked questions

What is Innoviva's PE ratio?

As of Jun 12, 2024, INVA stock has a price to earnings ratio of 5.64.

What is the 3-year average PE ratio for Innoviva (INVA)?

The 3-year average PE ratio for INVA stock is 6.12.

What is the 5-year average PE ratio for Innoviva (INVA)?

The 5-year average PE ratio for INVA stock is 5.85.

What is the highest PE ratio for INVA?

Over the last eight years, the quarterly PE ratio reached its highest level at 61.94 in the Jun 2016 quarter.

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

INVA's price to earnings ratio is currently 45% below its 8-year historical average.

Why is Innoviva's PE ratio so low?

INVA's PE ratio of 5.64 is considered low because the company's stock price is trading at a lower multiple of earnings.

How is INVA's PE ratio calculated (Innoviva PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 12, 2024), Innoviva's share price is $15.9. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.82. Therefore, Innoviva's price to earnings ratio for today is 5.64. PE RATIO(5.64) = STOCK PRICE($15.9) / TTM EPS($2.82)

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