Incyte Corporation INCY

123.20 (1.62) (1.30%) as of 29 Sep
Market cap
$26.1B
P/E
15.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Incyte Corporation (INCY) P/B ratio

As of 28 September 2026, Incyte Corporation (INCY) trades at a P/B ratio of 3.9×. Over the past ten years it has ranged from 0.0× (June 2015) to 426× (September 2015); the current reading is higher than 27% of that period. That is above the Biotechnology industry median of 2.6× and above the Healthcare sector median of 2.6×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 3.7× (10.08%)
FY2024 4.1× 47.13%
FY2023 2.8× (30.21%)
FY2022 4.0× (5.83%)
FY2021 4.3× (40.92%)
FY2020 7.3× 0.58%
FY2019 7.2× 2.99%
FY2018 7.0× (44.60%)
FY2017 12.7× (72.38%)
FY2016 45.8× (59.73%)

Quarterly

Period P/B ratio Change
Jun 2026 3.6× 7.30%
Mar 2026 3.3× (10.57%)
Dec 2025 3.7× 4.57%
Sep 2025 3.6× 12.64%
42 more quarters

Against its own ten years

Low 0.0× High 426×
Ten-year median 6.3×
Current reading's percentile 27

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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