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Amgen Inc. (AMGN)
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Amgen Inc. (AMGN) PB Ratio: 19.99

Is Amgen Inc.’s P/B ratio high or low?

Amgen Inc.'s P/B ratio of 19.99 is 37% below its 5-year average of 31.88, near the low end of its 5-year range (13.80–154.44).

6.29% below its 12-month average of 21.33.

AMGN PB Ratio Chart

AMGN PB Ratio
19.99-21.85% 1Y
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AMGN Average PB Ratio Chart

AMGN Current vs Average PB Ratio Chart

AMGN PB Ratio Metrics

PB RATIO

19.99

PB RATIO AVG TTM

21.33

PB RATIO AVG 3Y

23.63

PB RATIO AVG 5Y

31.88

PB RATIO AVG 10Y

20.35

PB RATIO AVG 15Y

14.83

PB RATIO AVG 20Y

11.89

CURRENT VS TTM AVG

-6.29%

CURRENT VS 3Y AVG

-15.39%

CURRENT VS 5Y AVG

-37.29%

CURRENT VS 10Y AVG

-1.78%

CURRENT VS 15Y AVG

+34.81%

CURRENT VS 20Y AVG

+68.08%

AMGN Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Amgen Inc. (AMGN)$188.37B19.9921.3323.6331.88
Thermo Fisher Scientific Inc. (TMO)$176.21B3.413.754.214.73
Gilead Sciences, Inc. (GILD)$156.35B6.487.476.025.35
Abbott Laboratories (ABT)$155.75B3.004.074.665.09
Pfizer Inc. (PFE)$149.61B1.671.631.712.35
Intuitive Surgical, Inc. (ISRG)$144.79B8.4810.3010.619.88
CVS Health Corporation (CVS)$126.70B1.621.291.171.37
Danaher Corporation (DHR)$126.39B2.472.823.163.48
Bristol-Myers Squibb Company (BMY)$116.13B5.795.815.354.99
Vertex Pharmaceuticals Incorporated (VRTX)$110.59B5.826.416.726.44

P/B vs. its own history

At 19.99, P/B is richer than usual, sitting higher than 82% of its 20-year history.

20-year low

1.76

median

4.44

20-year high

154.44

cheaperricher

Book Value Analysis

P/B Ratio

19.99

Market Price / Book Value per Share

Amgen Inc. PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Amgen Inc. PB Ratio FAQ

What is the P/B ratio for Amgen Inc. (AMGN)?
The P/B ratio for AMGN stock is 19.99.
Is Amgen Inc.'s P/B ratio high or low?
Amgen Inc.'s P/B ratio of 19.99 is 37% below its 5-year average of 31.88, near the low end of its 5-year range (13.80–154.44).
What is the TTM average P/B ratio for Amgen Inc. (AMGN)?
The TTM average P/B ratio for AMGN stock is 21.33.
What is the 3Y average P/B ratio for Amgen Inc. (AMGN)?
The 3Y average P/B ratio for AMGN stock is 23.63.
What is the 5Y average P/B ratio for Amgen Inc. (AMGN)?
The 5Y average P/B ratio for AMGN stock is 31.88.
What is the 10Y average P/B ratio for Amgen Inc. (AMGN)?
The 10Y average P/B ratio for AMGN stock is 20.35.
What is the 15Y average P/B ratio for Amgen Inc. (AMGN)?
The 15Y average P/B ratio for AMGN stock is 14.83.
What is the 20Y average P/B ratio for Amgen Inc. (AMGN)?
The 20Y average P/B ratio for AMGN stock is 11.89.

Amgen Inc. PB Ratio History

DATEPB RATIO
2026-06-1019.99
2026-06-0920.40
2026-06-0820.47
2026-06-0520.69
2026-06-0420.46
2026-06-0320.02
2026-06-0219.43
2026-06-0119.48
2026-05-2919.94
2026-05-2819.92
2026-05-2719.89
2026-05-2619.89
2026-05-2220.08
2026-05-2119.97
2026-05-2019.63
2026-05-1919.58
2026-05-1819.20
2026-05-1519.32
2026-05-1419.90
2026-05-1319.92
2026-05-1219.91
2026-05-1119.51
2026-05-0819.63
2026-05-0719.48
2026-05-0619.60
2026-05-0519.51
2026-05-0419.17
2026-05-0119.52
2026-04-3020.50
2026-04-2921.20
2026-04-2821.30
2026-04-2721.33
2026-04-2421.61
2026-04-2321.86
2026-04-2221.69
2026-04-2121.63
2026-04-2021.96
2026-04-1722.28
2026-04-1621.91
2026-04-1521.84
2026-04-1422.01
2026-04-1321.94
2026-04-1022.01
2026-04-0922.30
2026-04-0821.94
2026-04-0721.32
2026-04-0621.48
2026-04-0221.82
2026-04-0122.16
2026-03-3122.07
2026-03-3021.89
2026-03-2721.87
2026-03-2622.15
2026-03-2522.20
2026-03-2421.85
2026-03-2321.94
2026-03-2021.81
2026-03-1921.95
2026-03-1822.04
2026-03-1722.65
2026-03-1622.97
2026-03-1322.97
2026-03-1223.07
2026-03-1123.68
2026-03-1023.55
2026-03-0923.64
2026-03-0623.18
2026-03-0523.05
2026-03-0423.79
2026-03-0323.64
2026-03-0224.19
2026-02-2724.34
2026-02-2623.79
2026-02-2524.10
2026-02-2424.01
2026-02-2323.80
2026-02-2023.50
2026-02-1923.55
2026-02-1823.82
2026-02-1723.42
2026-02-1323.15
2026-02-1220.63
2026-02-1120.66
2026-02-1020.55
2026-02-0921.18
2026-02-0621.66
2026-02-0520.72
2026-02-0420.63
2026-02-0319.08
2026-02-0219.42
2026-01-3019.26
2026-01-2919.32
2026-01-2819.28
2026-01-2719.80
2026-01-2619.70
2026-01-2319.43
2026-01-2219.56
2026-01-2119.36
2026-01-2018.65
2026-01-1618.62
2026-01-1518.60
2026-01-1418.54
2026-01-1318.27
2026-01-1218.34
2026-01-0918.37
2026-01-0818.60
2026-01-0719.25
2026-01-0618.60
2026-01-0518.07
2026-01-0218.46
2025-12-3118.44
2025-12-3018.52
2025-12-2918.57
2025-12-2618.76
2025-12-2418.82
2025-12-2318.68
2025-12-2218.67
2025-12-1918.45
2025-12-1818.28
2025-12-1718.37
2025-12-1618.41
2025-12-1518.33
2025-12-1217.90
2025-12-1117.88
2025-12-1017.77
2025-12-0917.68
2025-12-0818.10
2025-12-0518.59
2025-12-0419.17
2025-12-0319.46
2025-12-0219.07
2025-12-0119.02
2025-11-2819.47
2025-11-2619.42
2025-11-2519.22
2025-11-2418.84
2025-11-2119.02
2025-11-2018.94
2025-11-1919.29
2025-11-1819.38
2025-11-1719.25
2025-11-1418.97
2025-11-1318.93
2025-11-1218.95
2025-11-1119.07
2025-11-1018.24
2025-11-0718.04
2025-11-0617.78
2025-11-0518.02
2025-11-0416.72
2025-11-0321.58
2025-10-3121.74
2025-10-3021.27
2025-10-2921.25
2025-10-2821.27
2025-10-2721.21
2025-10-2421.25
2025-10-2321.33
2025-10-2221.56
2025-10-2121.93
2025-10-2022.09
2025-10-1721.76
2025-10-1621.54
2025-10-1521.65
2025-10-1421.40
2025-10-1321.30
2025-10-1021.13
2025-10-0921.52
2025-10-0821.46
2025-10-0721.52
2025-10-0621.42
2025-10-0321.70
2025-10-0221.66
2025-10-0121.74
2025-09-3020.55
2025-09-2919.95
2025-09-2619.88
2025-09-2519.75
2025-09-2420.34
2025-09-2320.89
2025-09-2220.83
2025-09-1920.79
2025-09-1820.09
2025-09-1720.01
2025-09-1619.89
2025-09-1519.99
2025-09-1220.13
2025-09-1120.59
2025-09-1020.28
2025-09-0920.39
2025-09-0820.41
2025-09-0520.66
2025-09-0420.40
2025-09-0320.67
2025-09-0220.90
2025-08-2920.95
2025-08-2820.80
2025-08-2720.97
2025-08-2621.09
2025-08-2521.01
2025-08-2221.39
2025-08-2121.54
2025-08-2021.59
2025-08-1921.53
2025-08-1821.31
2025-08-1521.59
2025-08-1421.14
2025-08-1321.07
2025-08-1220.76
2025-08-1120.76
2025-08-0820.99
2025-08-0720.74
2025-08-0620.73
2025-08-0521.86
2025-08-0426.32
2025-08-0125.88
2025-07-3125.72
2025-07-3026.27
2025-07-2926.46
2025-07-2826.26
2025-07-2526.72
2025-07-2426.89
2025-07-2326.95
2025-07-2226.64
2025-07-2125.79
2025-07-1825.69
2025-07-1726.00
2025-07-1626.06
2025-07-1525.50
2025-07-1425.89
2025-07-1125.74
2025-07-1026.18
2025-07-0925.84
2025-07-0825.89
2025-07-0725.53
2025-07-0325.99
2025-07-0225.87
2025-07-0125.32
2025-06-3024.34
2025-06-2724.15
2025-06-2624.33
2025-06-2524.44
2025-06-2424.19
2025-06-2323.75
2025-06-2025.22
2025-06-1825.24
2025-06-1725.28
2025-06-1625.76
2025-06-1325.73
2025-06-1225.91
2025-06-1125.43
2025-06-1025.58
2025-06-0925.27
2025-06-0625.31
2025-06-0525.02
2025-06-0425.02
2025-06-0325.24
2025-06-0225.14
2025-05-3025.12
2025-05-2924.71

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About Amgen Inc.

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 infection linked to a low white blood cell count; Prolia, utilized in postmenopausal women to combat osteoporosis; and Xgeva, designed to prevent skeletal-related complications. Otezla offers relief for adult patients suffering from plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet's disease. Aranesp addresses anemia and low red blood cell counts, while KYPROLIS is employed to treat patients with relapsed or refractory multiple myeloma. Furthermore, Repatha plays a vital role in lowering the incidence of major cardiovascular events such as myocardial infarction, stroke, and coronary revascularization. Amgen's comprehensive product lineup also encompasses Nplate, Vectibix, MVASI, Parsabiv, EPOGEN, KANJINTI, BLINCYTO, Aimovig, EVENITY, AMGEVITATM, Sensipar/Mimpara, NEUPOGEN, IMLYGIC, Corlanor, and AVSOLA. The company distributes its therapies worldwide, primarily serving healthcare providers, including physicians and their clinics, dialysis centers, hospitals, and pharmacies. Distribution is facilitated through pharmaceutical wholesale distributors, complemented by direct-to-consumer channels. Amgen actively engages in strategic collaborations. It has partnered with entities such as Novartis Pharma AG, UCB, Bayer HealthCare LLC, BeiGene, Ltd., Eli Lilly and Company, Datos Health, and Verastem, Inc., to jointly assess VS-6766 when combined with lumakrastm (Sotorasib) in patients with KRAS G12C-mutant non-small cell lung cancer. Another key alliance involves Kyowa Kirin Co., Ltd., for the co-development and commercialization of KHK4083, a Phase 3-ready anti-OX40 fully human monoclonal antibody targeting atopic dermatitis and other autoimmune conditions. Additionally, Amgen maintains research and development partnerships with Neumora Therapeutics, Inc. and Plexium, Inc.

Thousand Oaks, CA
28,000 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Robert A. Bradway