Amgen Inc. AMGN

414.61 8.57 2.11% as of 25 Sep
Market cap
$219.1B
P/E
25.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Amgen Inc. (AMGN) P/E ratio

As of 25 September 2026, Amgen Inc. (AMGN) trades at a P/E ratio of 25.6×. Over the past ten years it has ranged from 13.2× (May 2019) to 75.3× (January 2018); the current reading is higher than 80% of that period. That is in line with the Drug Manufacturers General industry median of 24.7× and above the Healthcare sector median of 22.7×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 22.8× (33.22%)
FY2024 34.2× 44.46%
FY2023 23.7× 10.22%
FY2022 21.5× (1.07%)
FY2021 21.7× 17.02%
FY2020 18.6× (0.31%)
FY2019 18.6× 21.35%
FY2018 15.3× (77.21%)
FY2017 67.3× 360.78%
FY2016 14.6× (17.58%)

Quarterly

Period P/E ratio Change
Jun 2026 22.3× (8.12%)
Mar 2026 24.3× 6.38%
Dec 2025 22.8× 5.46%
Sep 2025 21.7× (4.44%)
42 more quarters

Against its own ten years

Low 13.2× High 75.3×
Ten-year median 20.6×
Current reading's percentile 80

P/E ratio against peers

Company P/E ratio
GILD Gilead Sciences, Inc. compare n/m
NVO Novo Nordisk A/S compare 9.5×
BMY Bristol Myers Squibb Company compare 13.8×
NVS Novartis AG compare 21.8×
AZN AstraZeneca PLC compare 24.7×
AMGN Amgen Inc. 25.6×
PFE Pfizer Inc. compare 37.7×
ABBV AbbVie Inc. compare 74.7×
MRK Merck & Co., Inc. compare 119×
Drug Manufacturers General industry median 24.7×
Healthcare sector median 22.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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