Doximity, Inc. (DOCS) vs Ligand Pharmaceuticals Incorporated (LGND)
A side-by-side comparison of Doximity, Inc. and Ligand Pharmaceuticals Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
DOCS
Doximity, Inc.
$28.71HealthcareDelayed quote: Oct 6, 2026, 11:30 AM EDT
LGND
Ligand Pharmaceuticals Incorporated
$298.92HealthcareDelayed quote: Oct 6, 2026, 11:25 AM EDT
Total return — DOCS vs LGND
growth of $100 · dividends reinvested · last 5yDOCS -46.1% (-11.6%/yr)LGND +288.4% (+31.2%/yr)LGND compounded faster over this window
Log scale — wide-divergence pair
DOCS LGND
DOCS vs LGND: by the numbers
- •LGND is the larger company ($5.99B vs $5.37B market cap).
- •LGND trades at the lower trailing earnings multiple (31.97 vs 33.77 P/E), one valuation lens rather than an overall verdict.
- •LGND converts more revenue to profit (67.88% vs 25.48% net margin).
- •DOCS grew revenue faster over the past five years (21.94% vs 2.92% CAGR).
Metrics side by side
Valuation
| Metric | DOCS | LGND |
|---|---|---|
| P/E ratio | 33.77 | 31.97 |
| Forward P/E | 21.31 | 32.12 |
| PEG ratio | 0.65 | N/A |
| P/S ratio | 8.19 | 20.62 |
| P/B ratio | 5.86 | 6.19 |
| EV / EBITDA | 24.12 | 45.31 |
| FCF yield | 5.57% | 2.19% |
Profitability
| Metric | DOCS | LGND |
|---|---|---|
| Gross margin | 88.07% | 98.58% |
| Operating margin | 29.60% | 17.61% |
| Net margin | 25.48% | 67.88% |
| ROE | 18.24% | 20.38% |
| ROIC | 15.35% | 3.91% |
Growth (annualized)
| Metric | DOCS | LGND |
|---|---|---|
| Revenue CAGR (5Y) | 21.94% | 2.92% |
| EPS CAGR (5Y) | 54.32% | N/A |
| FCF CAGR (5Y) | 23.75% | -0.49% |
| Total return CAGR (5Y) | -18.23% | 30.72% |
Frequently asked
- Which has the lower trailing P/E, DOCS or LGND?
- LGND has the lower trailing P/E: DOCS trades at 33.77 and LGND at 31.97. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DOCS or LGND?
- Over the past five years, DOCS grew revenue faster — DOCS at a 21.94% CAGR versus LGND at 2.92%.
- Is DOCS or LGND more profitable?
- LGND runs the higher net margin — DOCS at 25.48% versus LGND at 67.88%.
- How have DOCS and LGND total returns compared?
- Over the past 5 years, DOCS delivered -18.23% and LGND delivered 30.72% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Doximity P/E ratioLigand Pharmaceuticals P/E ratioDoximity ROELigand Pharmaceuticals ROEDoximity operating marginLigand Pharmaceuticals operating marginDoximity revenue growthLigand Pharmaceuticals revenue growthDoximity free cash flowLigand Pharmaceuticals free cash flow
Doximity & Ligand Pharmaceuticals appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.