Companies: 10,795·Total market cap: $144.5T
Amgen Inc.

Amgen Inc.

AMGNNASDAQHealthcare● Active
$345.30
$-4.28(-1.22%)
Market Cap$186.4B
P/E Ratio
52W High$391.29
52W Low$267.83

Amgen Inc. (AMGN) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

amgn · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Amgen Inc. (AMGN) measures how much investors pay for each dollar of the company's trailing earnings. AMGN's current PE ratio of 24.16x is calculated by dividing its stock price of $345.30 by its TTM earnings per share of $14.44. −2.3% discount vs 5Y avg 24.7x

24.16x
P/E Ratio (TTM)2.3%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
14.72x
FY2027 est. EPS $23.45
Based on 20 analysts
EPS (TTM)
$14.44
TTM · diluted EPS
PEG Ratio
0.78
Below 1.0 · Growth adjusted
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Amgen Inc. SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 24.7x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 20 fiscal years · Front-end computed
Average
21.3x
20-yr mean
Median
18.1x
20-yr midpoint
Minimum
11.4x
Lowest year
Maximum
64.2x
Highest year
24.2x ← Now
11.4x
Min
Q1 · 25%18.1x
Median
Q3 · 75%64.2x
Max
Historically Elevated

At 24.16x, AMGN's current P/E is higher than in 85% of its annual fiscal year readings over the past 20 years — historically elevated.

85th percentileHigher than 17 of 20 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Drug Manufacturers - General · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Amgen Inc.
Amgen Inc.You
AMGN
$186.4B24.16x-2.1%$14.44
Bristol-Myers Squibb Company
Bristol-Myers Squibb Company
BMY
$114.5B15.61x-36.8%$3.46
Boston Scientific Corporation
Boston Scientific Corporation
BSX
$72.4B48.91x+98.1%$1.95
Danaher Corporation
Danaher Corporation
DHR
$130.7B44.80x+81.5%$5.11
Gilead Sciences, Inc.
Gilead Sciences, Inc.
GILD
$158.2B17.94x-27.3%$6.84
GSK plc
GSK plc
GSK
$102.0B6.45x-73.9%$5.64
Merck & Co., Inc.
Merck & Co., Inc.
MRK
$296.2B14.43x-41.6%$7.30
Industry Average
6 peers with valid PE
24.69xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
22.84x$14.33-33.8%
2024-12-31
FY2024
34.48x$7.56+50.3%
2023-12-31
FY2023
22.94x$12.56+6.4%
2022-12-31
FY2022
21.57x$12.18-0.9%
2021-12-31
FY2021
21.76x$10.34+17.3%
2020-12-31
FY2020
18.55x$12.40-0.3%
2019-12-31
FY2019
18.60x$12.96+21.3%
2018-12-31
FY2018
15.33x$12.70-76.1%
2017-12-31
FY2017
64.23x$2.71+353.5%
2016-12-31
FY2016
14.16x$10.32-20.1%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Amgen Inc. (AMGN) measures how much investors pay for each dollar of the company's trailing earnings. AMGN's current PE ratio of 24.16x is calculated by dividing its stock price of $345.30 by its TTM earnings per share of $14.44.

PE Ratio = Stock Price ÷ EPS (TTM)
= $345.30 ÷ $14.44 = 24.16x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

AMGN pe ratio · 6 questions

AMGN's current PE ratio is 24.16x as of 2026-06-08, based on a stock price of $345.30 and TTM EPS of $14.44. Data sourced from Financial Modeling Prep via AMGN's SEC 10-K and 10-Q filings.

AMGN PE ratioWhat is AMGN PE ratioCurrent PE ratio of AMGNAMGN PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Amgen Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08