Amgen Inc.

Amgen Inc.verified

AMGN

Price:

$334.85

Market Cap:

$179.63B

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. It focuses on inflammation, oncology/hematology, bone health, cardiovascular disease, nephrology, and neuroscience areas. The company's products include Enbrel to treat plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Neulasta that reduces the chance of infection due a low white blood cell count in patients cancer; Prolia to treat postmenopausal women with osteoporosis; Xgeva for skeletal-related events prevention; Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet's disease; Aranesp to treat a lower-than-normal nu...[Read more]

Industry

Drug Manufacturers - General

IPO Date

1983-06-17

Stock Exchange

NASDAQ

Ticker

AMGN

The PE Ratio as of July 2024 (TTM) for Amgen Inc. (AMGN) is 47.90

According to Amgen Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 47.90. This represents a change of -178.81% compared to the average of -60.78 of the last 4 quarters.

Amgen Inc. (AMGN) Historical PE Ratio (quarterly & annually)

How has AMGN PE Ratio performed in the past?

The mean historical PE Ratio of Amgen Inc. over the last ten years is 23.83. The current 47.90 PE Ratio has changed 20.00% with respect to the historical average. Over the past ten years (40 quarters), AMGN's PE Ratio was at its highest in in the June 2021 quarter at 75.25. The PE Ratio was at its lowest in in the March 2024 quarter at -335.64.

Quarterly (TTM)
Annual

Average

23.83

Median

20.08

Minimum

14.16

Maximum

64.23

Amgen Inc. (AMGN) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Amgen Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 353.55%

Maximum Annual PE Ratio = 64.23

Minimum Annual Increase = -76.14%

Minimum Annual PE Ratio = 14.16

Quarterly (TTM)
Annual
YearPE RatioChange
202322.946.37%
202221.57-0.89%
202121.7617.32%
202018.55-0.27%
201918.6021.32%
201815.33-76.14%
201764.23353.55%
201614.16-20.13%
201517.73-24.35%
201423.4438.64%

Amgen Inc. (AMGN) Average PE Ratio

How has AMGN PE Ratio performed in the past?

The current PE Ratio of Amgen Inc. (AMGN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

22.09

5-year avg

20.68

10-year avg

23.83

Amgen Inc. (AMGN) PE Ratio vs. Peers

How is AMGN’s PE Ratio compared to its peers?

Amgen Inc.’s PE Ratio is less than Merck & Co., Inc. (137.59), less than AbbVie Inc. (61.28), less than Gilead Sciences, Inc. (198.41), greater than Johnson & Johnson (10.23), greater than Bristol-Myers Squibb Company (-15.70), greater than Pfizer Inc. (-588.06), less than Eli Lilly and Company (118.08), greater than Biogen Inc. (26.28),

CompanyPE RatioMarket cap
137.59$317.26B
61.28$326.97B
198.41$95.94B
10.23$386.61B
-15.70$102.27B
-588.06$174.36B
118.08$764.71B
26.28$30.75B

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