Basis: Current FMP quote-based enterprise value / matching reported total assets. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Assets ratio high or low?
The EV/Assets ratio of 2.77x is 40% above its estimated 5-year average of 1.98x, around the middle of its estimated 5-year range (0.87x–4.41x).
As of 2026-10-06T14:47:37.306Z. 14.55% below its estimated 12-month average of 3.24x.
Calculation as of: 2026-10-06T14:47:37.306Z.
Quote observation: 2026-10-06T14:45:12.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e1d61cb526df749638d8a03bd9b53720723668f0aa6d8453294d9eed2d0ae833
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-05.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/ASSETS RATIO
2.77x
EV/ASSETS RATIO AVG TTM
3.24x
EV/ASSETS RATIO AVG 3Y
2.45x
EV/ASSETS RATIO AVG 5Y
1.98x
EV/ASSETS RATIO AVG 10Y
1.90x
EV/ASSETS RATIO AVG 15Y
2.21x
EV/ASSETS RATIO AVG 20Y
1.95x
CURRENT VS TTM AVG
-14.55%
CURRENT VS 3Y AVG
+13.27%
CURRENT VS 5Y AVG
+40.24%
CURRENT VS 10Y AVG
+45.47%
CURRENT VS 15Y AVG
+25.32%
CURRENT VS 20Y AVG
+42.03%
SECTOR MEDIAN · HEALTHCARE
1.50x
median of 566 covered companies
CURRENT VS SECTOR MEDIAN
+84.05%
vs the sector median at left
Ligand Pharmaceuticals Incorporated
Market Cap
$5.94B
EV/Assets Ratio
2.77x
TTM Avg
3.24x
3Y Avg
2.45x
5Y Avg
1.98x
Market Cap
$5.82B
EV/Assets Ratio
6.28x
TTM Avg
1.81x
3Y Avg
1.98x
5Y Avg
2.15x
Market Cap
$5.63B
EV/Assets Ratio
6.10x
TTM Avg
5.18x
3Y Avg
3.57x
5Y Avg
3.10x
Market Cap
$5.54B
EV/Assets Ratio
1.14x
TTM Avg
1.09x
3Y Avg
1.09x
5Y Avg
1.09x
Market Cap
$6.42B
EV/Assets Ratio
2.41x
TTM Avg
1.98x
3Y Avg
1.56x
5Y Avg
1.27x
Market Cap
$6.53B
EV/Assets Ratio
2.72x
TTM Avg
2.45x
3Y Avg
2.82x
5Y Avg
3.30x
| NAME | MARKET CAP | EV/ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ligand Pharmaceuticals Incorporated (LGND) | $5.94B | 2.77x | 3.24x | 2.45x | 1.98x |
| GRAIL Inc. (GRAL)vs › | $6.00B | 2.12x | 1.07x | 0.78x | 0.78x |
| Iovance Biotherapeutics, Inc. (IOVA)vs › | $5.82B | 6.28x | 1.81x | 1.98x | 2.15x |
| CG Oncology Inc. (CGON)vs › | $5.72B | 5.26x | 5.36x | 5.13x | 5.13x |
| Kiniksa Pharmaceuticals International, plc (KNSA)vs › | $5.63B | 6.10x | 5.18x | 3.57x | 3.10x |
| MiniMed Group, Inc. Common Stock (MMED)vs › | $5.54B | 1.14x | 1.09x | 1.09x | 1.09x |
| Amneal Pharmaceuticals, Inc. (AMRX)vs › | $6.42B | 2.41x | 1.98x | 1.56x | 1.27x |
| Doximity, Inc. (DOCS)vs › | $5.36B | 4.70x | 5.40x | 6.89x | 7.31x |
| Lantheus Holdings, Inc. (LNTH)vs › | $6.53B | 2.72x | 2.45x | 2.82x | 3.30x |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.60B | 2.08x | 3.59x | 7.22x | 5.71x |
EV/Assets compares enterprise value to total assets. It is useful for asset-heavy businesses and for comparing how much the market pays for each dollar of assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/ASSETS RATIO |
|---|---|
| 2026-10-05 | 3.12x |
| 2026-10-02 | 3.08x |
| 2026-10-01 | 3.08x |
| 2026-09-30 | 3.18x |
| 2026-09-29 | 3.16x |
| 2026-09-28 | 3.19x |
| 2026-09-25 | 3.07x |
| 2026-09-24 | 3.04x |
| 2026-09-23 | 3.04x |
| 2026-09-22 | 3.04x |
| 2026-09-21 | 2.95x |
| 2026-09-18 | 2.89x |
| 2026-09-17 | 2.90x |
| 2026-09-16 | 2.81x |
| 2026-09-15 | 2.82x |
| 2026-09-14 | 2.86x |
| 2026-09-11 | 2.90x |
| 2026-09-10 | 2.95x |
| 2026-09-09 | 2.93x |
| 2026-09-08 | 2.94x |
| 2026-09-04 | 2.91x |
| 2026-09-03 | 2.95x |
| 2026-09-02 | 2.92x |
| 2026-09-01 | 2.90x |
| 2026-08-31 | 2.90x |
| 2026-08-28 | 2.86x |
| 2026-08-27 | 2.90x |
| 2026-08-26 | 2.93x |
| 2026-08-25 | 2.87x |
| 2026-08-24 | 2.86x |
| 2026-08-21 | 2.92x |
| 2026-08-20 | 2.93x |
| 2026-08-19 | 2.96x |
| 2026-08-18 | 2.93x |
| 2026-08-17 | 2.97x |
| 2026-08-14 | 3.00x |
| 2026-08-13 | 2.94x |
| 2026-08-12 | 2.99x |
| 2026-08-11 | 2.94x |
| 2026-08-10 | 3.01x |
| 2026-08-07 | 4.02x |
| 2026-08-06 | 4.11x |
| 2026-08-05 | 4.15x |
| 2026-08-04 | 4.12x |
| 2026-08-03 | 4.01x |
| 2026-07-31 | 3.95x |
| 2026-07-30 | 4.07x |
| 2026-07-29 | 3.96x |
| 2026-07-28 | 4.06x |
| 2026-07-27 | 4.08x |
| 2026-07-24 | 4.12x |
| 2026-07-23 | 4.14x |
| 2026-07-22 | 4.17x |
| 2026-07-21 | 4.18x |
| 2026-07-20 | 4.04x |
| 2026-07-17 | 4.16x |
| 2026-07-16 | 4.07x |
| 2026-07-15 | 4.06x |
| 2026-07-14 | 4.13x |
| 2026-07-13 | 4.23x |
| 2026-07-10 | 4.32x |
| 2026-07-09 | 4.41x |
| 2026-07-08 | 4.31x |
| 2026-07-07 | 4.37x |
| 2026-07-06 | 4.38x |
| 2026-07-02 | 4.37x |
| 2026-07-01 | 4.27x |
| 2026-06-30 | 4.32x |
| 2026-06-29 | 4.30x |
| 2026-06-26 | 4.16x |
| 2026-06-25 | 4.06x |
| 2026-06-24 | 3.92x |
| 2026-06-23 | 3.85x |
| 2026-06-22 | 3.62x |
| 2026-06-18 | 3.79x |
| 2026-06-17 | 3.63x |
| 2026-06-16 | 3.53x |
| 2026-06-15 | 3.51x |
| 2026-06-12 | 3.54x |
| 2026-06-11 | 3.52x |
| 2026-06-10 | 3.44x |
| 2026-06-09 | 3.38x |
| 2026-06-08 | 3.31x |
| 2026-06-05 | 3.30x |
| 2026-06-04 | 3.28x |
| 2026-06-03 | 3.26x |
| 2026-06-02 | 3.24x |
| 2026-06-01 | 3.20x |
| 2026-05-29 | 3.23x |
| 2026-05-28 | 3.27x |
| 2026-05-27 | 3.28x |
| 2026-05-26 | 3.27x |
| 2026-05-22 | 3.20x |
| 2026-05-21 | 3.10x |
| 2026-05-20 | 3.05x |
| 2026-05-19 | 2.92x |
| 2026-05-18 | 2.92x |
| 2026-05-15 | 2.99x |
| 2026-05-14 | 3.06x |
| 2026-05-13 | 3.09x |
| 2026-05-12 | 3.10x |
| 2026-05-11 | 3.08x |
| 2026-05-08 | 3.18x |
| 2026-05-07 | 3.03x |
| 2026-05-06 | 3.33x |
| 2026-05-05 | 3.32x |
| 2026-05-04 | 3.27x |
| 2026-05-01 | 3.26x |
| 2026-04-30 | 3.28x |
| 2026-04-29 | 3.22x |
| 2026-04-28 | 3.32x |
| 2026-04-27 | 3.45x |
| 2026-04-24 | 3.31x |
| 2026-04-23 | 3.27x |
| 2026-04-22 | 3.25x |
| 2026-04-21 | 3.25x |
| 2026-04-20 | 3.32x |
| 2026-04-17 | 3.32x |
| 2026-04-16 | 3.20x |
| 2026-04-15 | 3.23x |
| 2026-04-14 | 3.32x |
| 2026-04-13 | 3.07x |
| 2026-04-10 | 2.95x |
| 2026-04-09 | 2.96x |
| 2026-04-08 | 3.00x |
| 2026-04-07 | 2.96x |
| 2026-04-06 | 2.94x |
| 2026-04-02 | 2.88x |
| 2026-04-01 | 2.88x |
| 2026-03-31 | 2.88x |
| 2026-03-30 | 2.79x |
| 2026-03-27 | 2.82x |
| 2026-03-26 | 2.94x |
| 2026-03-25 | 2.95x |
| 2026-03-24 | 2.91x |
| 2026-03-23 | 2.89x |
| 2026-03-20 | 2.95x |
| 2026-03-19 | 3.03x |
| 2026-03-18 | 3.02x |
| 2026-03-17 | 3.03x |
| 2026-03-16 | 2.99x |
| 2026-03-13 | 2.93x |
| 2026-03-12 | 3.04x |
| 2026-03-11 | 3.17x |
| 2026-03-10 | 3.05x |
| 2026-03-09 | 3.00x |
| 2026-03-06 | 2.91x |
| 2026-03-05 | 2.97x |
| 2026-03-04 | 3.01x |
| 2026-03-03 | 2.94x |
| 2026-03-02 | 2.92x |
| 2026-02-27 | 2.92x |
| 2026-02-26 | 2.89x |
| 2026-02-25 | 2.83x |
| 2026-02-24 | 2.79x |
| 2026-02-23 | 2.72x |
| 2026-02-20 | 2.72x |
| 2026-02-19 | 2.76x |
| 2026-02-18 | 2.81x |
| 2026-02-17 | 2.77x |
| 2026-02-13 | 2.72x |
| 2026-02-12 | 2.69x |
| 2026-02-11 | 2.75x |
| 2026-02-10 | 2.77x |
| 2026-02-09 | 2.76x |
| 2026-02-06 | 2.81x |
| 2026-02-05 | 2.83x |
| 2026-02-04 | 2.92x |
| 2026-02-03 | 2.93x |
| 2026-02-02 | 2.91x |
| 2026-01-30 | 2.83x |
| 2026-01-29 | 2.88x |
| 2026-01-28 | 2.81x |
| 2026-01-27 | 2.88x |
| 2026-01-26 | 2.92x |
| 2026-01-23 | 2.96x |
| 2026-01-22 | 2.99x |
| 2026-01-21 | 2.94x |
| 2026-01-20 | 2.90x |
| 2026-01-16 | 2.85x |
| 2026-01-15 | 2.89x |
| 2026-01-14 | 2.90x |
| 2026-01-13 | 2.79x |
| 2026-01-12 | 3.04x |
| 2026-01-09 | 3.03x |
| 2026-01-08 | 2.94x |
| 2026-01-07 | 2.94x |
| 2026-01-06 | 2.89x |
| 2026-01-05 | 2.83x |
| 2026-01-02 | 2.81x |
| 2025-12-31 | 2.79x |
| 2025-12-30 | 2.81x |
| 2025-12-29 | 2.88x |
| 2025-12-26 | 2.89x |
| 2025-12-24 | 2.90x |
| 2025-12-23 | 2.91x |
| 2025-12-22 | 2.91x |
| 2025-12-19 | 2.95x |
| 2025-12-18 | 2.92x |
| 2025-12-17 | 2.87x |
| 2025-12-16 | 2.84x |
| 2025-12-15 | 2.85x |
| 2025-12-12 | 2.80x |
| 2025-12-11 | 2.71x |
| 2025-12-10 | 2.72x |
| 2025-12-09 | 2.75x |
| 2025-12-08 | 2.73x |
| 2025-12-05 | 2.74x |
| 2025-12-04 | 2.79x |
| 2025-12-03 | 2.85x |
| 2025-12-02 | 2.88x |
| 2025-12-01 | 2.90x |
| 2025-11-28 | 2.99x |
| 2025-11-26 | 3.03x |
| 2025-11-25 | 2.99x |
| 2025-11-24 | 3.04x |
| 2025-11-21 | 2.93x |
| 2025-11-20 | 2.93x |
| 2025-11-19 | 3.03x |
| 2025-11-18 | 3.04x |
| 2025-11-17 | 2.96x |
| 2025-11-14 | 2.95x |
| 2025-11-13 | 2.96x |
| 2025-11-12 | 3.02x |
| 2025-11-11 | 3.06x |
| 2025-11-10 | 3.07x |
| 2025-11-07 | 4.19x |
| 2025-11-06 | 4.31x |
| 2025-11-05 | 3.93x |
| 2025-11-04 | 3.91x |
| 2025-11-03 | 3.95x |
| 2025-10-31 | 3.95x |
| 2025-10-30 | 3.86x |
| 2025-10-29 | 3.81x |
| 2025-10-28 | 3.90x |
| 2025-10-27 | 3.93x |
| 2025-10-24 | 3.86x |
| 2025-10-23 | 3.83x |
| 2025-10-22 | 3.83x |
| 2025-10-21 | 3.86x |
| 2025-10-20 | 3.86x |
| 2025-10-17 | 3.75x |
| 2025-10-16 | 3.73x |
| 2025-10-15 | 3.79x |
| 2025-10-14 | 3.74x |
| 2025-10-13 | 3.71x |
| 2025-10-10 | 3.67x |
| 2025-10-09 | 3.76x |
| 2025-10-08 | 3.81x |
| 2025-10-07 | 3.78x |
| 2025-10-06 | 3.77x |
| 2025-10-03 | 3.74x |
| 2025-10-02 | 3.72x |
| 2025-10-01 | 3.70x |
| 2025-09-30 | 3.66x |
| 2025-09-29 | 3.57x |
| 2025-09-26 | 3.50x |
| 2025-09-25 | 3.44x |
| 2025-09-24 | 3.48x |
| 2025-09-23 | 3.52x |
Showing the most recent 260 of 5,020 data points. The chart above shows the full history.
