PE Ratio: 24.44

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 24.44 is in line with its 5-year average of 22.54, near the low end of its 5-year range (14.57–58.07).

As of Tuesday, September 8, 2026. 2.51% below its 12-month average of 25.07.

PE Ratio (24.44) = Close Price ($391.57) / Diluted TTM EPS ($16.02)

AMGN PE Ratio Metrics

P/E vs. its own history

At 24.4, P/E is above its 20-year median — higher than 81% of readings in its 20-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for Amgen Inc. (AMGN)?

The P/E ratio for AMGN stock is 24.44.

Is Amgen Inc.'s P/E ratio high or low?

The P/E ratio of 24.44 is in line with its 5-year average of 22.54, near the low end of its 5-year range (14.57–58.07).

What is the TTM average P/E ratio for Amgen Inc. (AMGN)?

The TTM average P/E ratio for AMGN stock is 25.07.

What is the 3Y average P/E ratio for Amgen Inc. (AMGN)?

The 3Y average P/E ratio for AMGN stock is 30.40.

What is the 5Y average P/E ratio for Amgen Inc. (AMGN)?

The 5Y average P/E ratio for AMGN stock is 22.54.

What is the 10Y average P/E ratio for Amgen Inc. (AMGN)?

The 10Y average P/E ratio for AMGN stock is 20.32.

What is the 15Y average P/E ratio for Amgen Inc. (AMGN)?

The 15Y average P/E ratio for AMGN stock is 19.33.

What is the 20Y average P/E ratio for Amgen Inc. (AMGN)?

The 20Y average P/E ratio for AMGN stock is 18.49.

Showing the most recent 260 of 5,030 data points. The chart above shows the full history.

Related Metrics