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/E ratio

As of 28 September 2026, Incyte Corporation (INCY) trades at a P/E ratio of 15.4×. Over the past ten years it has ranged from 0.0× (March 2021) to 5,423× (December 2015); the current reading is higher than 36% of that period. That is above the Biotechnology industry median of 7.7× and below the Healthcare sector median of 22.7×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 15.0× (93.28%)
FY2024 223× 808.93%
FY2023 24.5× (52.55%)
FY2022 51.7× 201.91%
FY2021 17.1× —
FY2020 0.0× —
FY2019 42.0× (65.67%)
FY2018 122× —
FY2017 0.0× —
FY2016 183× (96.63%)

Quarterly

Period P/E ratio Change
Jun 2026 13.9× 8.15%
Mar 2026 12.9× (13.85%)
Dec 2025 15.0× 7.99%
Sep 2025 13.9× (8.43%)
42 more quarters

Against its own ten years

Low 0.0× High 5,423×
Ten-year median 19.6×
Current reading's percentile 36

P/E ratio against peers

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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