Amgen Inc.

Amgen Inc. - PE Ratioverified

AMGN

Price:

$337.6

Market Cap:

$182.21B

Amgen Inc., established in 1980 and headquartered in Thousand Oaks, California, is a global biotechnology leader focused on discovering, developing, manufacturing, and delivering groundbreaking human medicines. The company's scientific endeavors span several critical therapeutic categories, including inflammatory conditions, oncology and hematology, bone health, cardiovascular diseases, nephrology, and neuroscience. Its extensive portfolio features a range of significant pharmaceutical products. Notable examples include Enbrel, prescribed for conditions like plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Neulasta, which helps cancer patients by reducing the risk of infectio...[Read more]

Industry

Drug Manufacturers - General

IPO Date

1983-06-17

Stock Exchange

NASDAQ

Ticker

AMGN

The PE Ratio as of June 2026 (TTM) for Amgen Inc. (AMGN) is 23.48

According to Amgen Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 23.48. This represents a change of -3.44% compared to the average of 24.32 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 25.41. The current 23.48 PE Ratio has changed 9.14% 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 75.23. The PE Ratio was at its lowest in in the March 2024 quarter at -336.95.

Quarterly (TTM)
Annual

Average

25.41

Median

21.66

Minimum

14.17

Maximum

64.17

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 = 352.93%

Maximum Annual PE Ratio = 64.17

Minimum Annual Increase = -76.11%

Minimum Annual PE Ratio = 14.17

Quarterly (TTM)
Annual
YearPE RatioChange
202522.84-33.22%
202434.2049.16%
202322.936.35%
202221.56-0.89%
202121.7617.34%
202018.54-0.32%
201918.6021.35%
201815.33-76.11%
201764.17352.93%
201614.17-20.14%

Amgen Inc. (AMGN) Average PE Ratio

How has AMGN PE Ratio performed in the past?

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

3-year avg

26.66

5-year avg

24.66

10-year avg

25.41

Amgen Inc. (AMGN) PE Ratio vs. Peers

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

Amgen Inc.’s PE Ratio is greater than Gilead Sciences, Inc. (16.68), greater than Pfizer Inc. (19.25), greater than Sanofi (11.75), less than Merck & Co., Inc. (31.99), less than Danaher Corporation (34.14), greater than Bristol-Myers Squibb Company (15.17), greater than Novo Nordisk A/S (10.68), greater than Boston Scientific Corporation (18.87), greater than GSK plc (13.28), greater than Novartis AG (21.02),

CompanyPE RatioMarket cap
16.68$153.66B
19.25$143.74B
11.75$101.89B
31.99$281.24B
34.14$125.40B
15.17$110.27B
10.68$191.93B
18.87$67.32B
13.28$101.54B
21.02$280.64B

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