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

Ionis Pharmaceuticals, Inc.

IONSNASDAQHealthcare● Active
$73.51
$-0.98(-1.31%)
Market Cap$12.1B
P/E Ratio
52W High$86.74
52W Low$34.78
Overview

Ionis Pharmaceuticals, Inc. (IONS) PE Ratio — Current & Historical Data

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

ions · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Ionis Pharmaceuticals, Inc. (IONS) measures how much investors pay for each dollar of the company's trailing earnings. IONS's current PE ratio of N/A is calculated by dividing its stock price of $73.50 by its TTM earnings per share of -$1.98.

N/A
P/E Ratio (TTM)N/A — Company is not profitable (TTM)

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

Forward P/E
N/A
FY2027 est. EPS $-1.17
Based on 11 analysts
EPS (TTM)
-$1.98
TTM · diluted EPS
PEG Ratio
7.02
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Ionis Pharmaceuticals, Inc. SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 21.2x
EPS (Annual)

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

Historical PE Range

Past 3 fiscal years · Front-end computed
Average
21.2x
3-yr mean
Median
26.1x
3-yr midpoint
Minimum
7.0x
Lowest year
Maximum
30.4x
Highest year
7.0x
Min
Q1 · 25%26.1x
Median
Q3 · 75%30.4x
Max
Historically Low

At N/A, IONS's current P/E is lower than in 0% of its annual fiscal year readings over the past 3 years — historically low.

0th percentileHigher than 0 of 3 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

Biotechnology · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Ionis Pharmaceuticals, Inc.
Ionis Pharmaceuticals, Inc.You
IONS
$12.1BN/A-$1.98
Ascendis Pharma A/S
Ascendis Pharma A/S
ASND
$12.9BN/A-$3.61
BridgeBio Pharma, Inc.
BridgeBio Pharma, Inc.
BBIO
$13.1BN/A-$3.70
BioMarin Pharmaceutical Inc.
BioMarin Pharmaceutical Inc.
BMRN
$10.9B32.67x+36.7%$1.82
Exelixis, Inc.
Exelixis, Inc.
EXEL
$13.2B15.12x-36.7%$2.88
Guardant Health, Inc.
Guardant Health, Inc.
GH
$17.0BN/A-$3.32
Madrigal Pharmaceuticals, Inc.
Madrigal Pharmaceuticals, Inc.
MDGL
$11.1BN/A-$12.85
Industry Average
2 peers with valid PE
23.90xbaseline

* 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
$-2.38
2024-12-31
FY2024
$-3.04
2023-12-31
FY2023
$-2.56
2022-12-31
FY2022
$-1.90
2021-12-31
FY2021
$-0.20
2020-12-31
FY2020
$-3.18
2019-12-31
FY2019
30.41x$1.99+16.4%
2018-12-31
FY2018
26.13x$2.07-99.9%
2017-12-31
FY2017
$0.00
2016-12-31
FY2016
$-0.50

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

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Ionis Pharmaceuticals, Inc. (IONS) measures how much investors pay for each dollar of the company's trailing earnings. IONS's current PE ratio of N/A is calculated by dividing its stock price of $73.50 by its TTM earnings per share of -$1.98.

PE Ratio = Stock Price ÷ EPS (TTM)
= $73.50 ÷ -$1.98 = N/A
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

IONS pe ratio · 6 questions

IONS's current PE ratio is N/A as of 2026-06-08, based on a stock price of $73.50 and TTM EPS of -$1.98. Data sourced from Financial Modeling Prep via IONS's SEC 10-K and 10-Q filings.

IONS PE ratioWhat is IONS PE ratioCurrent PE ratio of IONSIONS PE ratio today

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