Basis: Current FMP quote-based enterprise value / four-quarter operating income. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBIT ratio high or low?
The EV/EBIT ratio of 60.20x is 44% above its estimated 5-year average of 41.92x, near the low end of its estimated 5-year range (12.61x–2691.74x).
As of 2026-10-06T20:32:01.867Z. 53.50% below its estimated 12-month average of 129.47x.
Calculation as of: 2026-10-06T20:32:01.867Z.
Quote observation: 2026-10-06T20:00:01.000Z. 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/EBIT RATIO
60.20x
EV/EBIT RATIO AVG TTM
129.47x
EV/EBIT RATIO AVG 3Y
102.29x
EV/EBIT RATIO AVG 5Y
41.92x
EV/EBIT RATIO AVG 10Y
30.61x
EV/EBIT RATIO AVG 15Y
41.42x
EV/EBIT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-53.50%
CURRENT VS 3Y AVG
-41.15%
CURRENT VS 5Y AVG
+43.59%
CURRENT VS 10Y AVG
+96.69%
CURRENT VS 15Y AVG
+45.35%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
22.77x
median of 196 covered companies
CURRENT VS SECTOR MEDIAN
+164.32%
vs the sector median at left
Ligand Pharmaceuticals Incorporated
Market Cap
$5.95B
EV/EBIT Ratio
60.20x
TTM Avg
129.47x
3Y Avg
102.29x
5Y Avg
41.92x
Market Cap
$5.87B
EV/EBIT Ratio
56.94x
TTM Avg
100.68x
3Y Avg
164.20x
5Y Avg
127.24x
Market Cap
$5.79B
EV/EBIT Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.52B
EV/EBIT Ratio
315.75x
TTM Avg
339.84x
3Y Avg
339.84x
5Y Avg
339.84x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ligand Pharmaceuticals Incorporated (LGND) | $5.95B | 60.20x | 129.47x | 102.29x | 41.92x |
| GRAIL Inc. (GRAL)vs › | $5.89B | N/A | N/A | N/A | N/A |
| Kiniksa Pharmaceuticals International, plc (KNSA)vs › | $5.87B | 56.94x | 100.68x | 164.20x | 127.24x |
| Iovance Biotherapeutics, Inc. (IOVA)vs › | $5.79B | N/A | N/A | N/A | N/A |
| Kodiak Sciences Inc. (KOD)vs › | $5.78B | N/A | N/A | N/A | N/A |
| Rhythm Pharmaceuticals, Inc. (RYTM)vs › | $6.23B | N/A | N/A | N/A | N/A |
| CG Oncology Inc. (CGON)vs › | $5.61B | N/A | N/A | N/A | N/A |
| RadNet, Inc. (RDNT)vs › | $5.53B | 76.87x | 86.80x | 66.21x | 59.67x |
| MiniMed Group, Inc. Common Stock (MMED)vs › | $5.52B | 315.75x | 339.84x | 339.84x | 339.84x |
| Amneal Pharmaceuticals, Inc. (AMRX)vs › | $6.48B | 22.68x | 21.09x | 21.52x | 21.53x |
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-10-05 | 67.61x |
| 2026-10-02 | 66.78x |
| 2026-10-01 | 66.74x |
| 2026-09-30 | 68.82x |
| 2026-09-29 | 68.38x |
| 2026-09-28 | 69.19x |
| 2026-09-25 | 66.47x |
| 2026-09-24 | 65.94x |
| 2026-09-23 | 65.80x |
| 2026-09-22 | 65.82x |
| 2026-09-21 | 63.99x |
| 2026-09-18 | 62.57x |
| 2026-09-17 | 62.83x |
| 2026-09-16 | 60.78x |
| 2026-09-15 | 61.16x |
| 2026-09-14 | 61.96x |
| 2026-09-11 | 62.78x |
| 2026-09-10 | 63.82x |
| 2026-09-09 | 63.56x |
| 2026-09-08 | 63.73x |
| 2026-09-04 | 63.03x |
| 2026-09-03 | 63.92x |
| 2026-09-02 | 63.31x |
| 2026-09-01 | 62.74x |
| 2026-08-31 | 62.70x |
| 2026-08-28 | 61.92x |
| 2026-08-27 | 62.79x |
| 2026-08-26 | 63.51x |
| 2026-08-25 | 62.19x |
| 2026-08-24 | 61.86x |
| 2026-08-21 | 63.18x |
| 2026-08-20 | 63.42x |
| 2026-08-19 | 64.13x |
| 2026-08-18 | 63.46x |
| 2026-08-17 | 64.36x |
| 2026-08-14 | 64.98x |
| 2026-08-13 | 63.72x |
| 2026-08-12 | 64.69x |
| 2026-08-11 | 63.71x |
| 2026-08-10 | 65.21x |
| 2026-08-07 | 61.18x |
| 2026-08-06 | 62.56x |
| 2026-08-05 | 63.04x |
| 2026-08-04 | 62.68x |
| 2026-08-03 | 60.96x |
| 2026-07-31 | 60.07x |
| 2026-07-30 | 61.80x |
| 2026-07-29 | 60.16x |
| 2026-07-28 | 61.79x |
| 2026-07-27 | 62.04x |
| 2026-07-24 | 62.63x |
| 2026-07-23 | 62.95x |
| 2026-07-22 | 63.37x |
| 2026-07-21 | 63.61x |
| 2026-07-20 | 61.34x |
| 2026-07-17 | 63.20x |
| 2026-07-16 | 61.83x |
| 2026-07-15 | 61.79x |
| 2026-07-14 | 62.72x |
| 2026-07-13 | 64.35x |
| 2026-07-10 | 65.73x |
| 2026-07-09 | 66.99x |
| 2026-07-08 | 65.46x |
| 2026-07-07 | 66.36x |
| 2026-07-06 | 66.56x |
| 2026-07-02 | 66.39x |
| 2026-07-01 | 64.90x |
| 2026-06-30 | 65.70x |
| 2026-06-29 | 65.30x |
| 2026-06-26 | 63.24x |
| 2026-06-25 | 61.72x |
| 2026-06-24 | 59.55x |
| 2026-06-23 | 58.47x |
| 2026-06-22 | 55.07x |
| 2026-06-18 | 57.57x |
| 2026-06-17 | 55.26x |
| 2026-06-16 | 53.70x |
| 2026-06-15 | 53.31x |
| 2026-06-12 | 53.76x |
| 2026-06-11 | 53.57x |
| 2026-06-10 | 52.32x |
| 2026-06-09 | 51.34x |
| 2026-06-08 | 50.25x |
| 2026-06-05 | 50.10x |
| 2026-06-04 | 49.88x |
| 2026-06-03 | 49.59x |
| 2026-06-02 | 49.26x |
| 2026-06-01 | 48.68x |
| 2026-05-29 | 49.11x |
| 2026-05-28 | 49.64x |
| 2026-05-27 | 49.88x |
| 2026-05-26 | 49.77x |
| 2026-05-22 | 48.59x |
| 2026-05-21 | 47.18x |
| 2026-05-20 | 46.30x |
| 2026-05-19 | 44.33x |
| 2026-05-18 | 44.36x |
| 2026-05-15 | 45.41x |
| 2026-05-14 | 46.54x |
| 2026-05-13 | 46.98x |
| 2026-05-12 | 47.14x |
| 2026-05-11 | 46.84x |
| 2026-05-08 | 105.02x |
| 2026-05-07 | 100.06x |
| 2026-05-06 | 110.01x |
| 2026-05-05 | 109.89x |
| 2026-05-04 | 108.13x |
| 2026-05-01 | 107.72x |
| 2026-04-30 | 108.62x |
| 2026-04-29 | 106.56x |
| 2026-04-28 | 109.90x |
| 2026-04-27 | 114.14x |
| 2026-04-24 | 109.43x |
| 2026-04-23 | 108.18x |
| 2026-04-22 | 107.46x |
| 2026-04-21 | 107.37x |
| 2026-04-20 | 109.66x |
| 2026-04-17 | 109.68x |
| 2026-04-16 | 105.84x |
| 2026-04-15 | 106.67x |
| 2026-04-14 | 109.91x |
| 2026-04-13 | 101.45x |
| 2026-04-10 | 97.63x |
| 2026-04-09 | 97.96x |
| 2026-04-08 | 99.05x |
| 2026-04-07 | 97.71x |
| 2026-04-06 | 97.05x |
| 2026-04-02 | 95.25x |
| 2026-04-01 | 95.26x |
| 2026-03-31 | 95.27x |
| 2026-03-30 | 92.13x |
| 2026-03-27 | 93.40x |
| 2026-03-26 | 97.09x |
| 2026-03-25 | 97.47x |
| 2026-03-24 | 96.17x |
| 2026-03-23 | 95.59x |
| 2026-03-20 | 97.58x |
| 2026-03-19 | 100.13x |
| 2026-03-18 | 99.69x |
| 2026-03-17 | 100.35x |
| 2026-03-16 | 98.92x |
| 2026-03-13 | 96.73x |
| 2026-03-12 | 100.57x |
| 2026-03-11 | 104.94x |
| 2026-03-10 | 100.93x |
| 2026-03-09 | 99.08x |
| 2026-03-06 | 96.28x |
| 2026-03-05 | 98.24x |
| 2026-03-04 | 99.44x |
| 2026-03-03 | 97.33x |
| 2026-03-02 | 96.57x |
| 2026-02-27 | 246.06x |
| 2026-02-26 | 243.60x |
| 2026-02-25 | 238.10x |
| 2026-02-24 | 235.35x |
| 2026-02-23 | 229.19x |
| 2026-02-20 | 229.57x |
| 2026-02-19 | 232.26x |
| 2026-02-18 | 236.43x |
| 2026-02-17 | 233.63x |
| 2026-02-13 | 229.40x |
| 2026-02-12 | 226.89x |
| 2026-02-11 | 231.85x |
| 2026-02-10 | 233.07x |
| 2026-02-09 | 232.96x |
| 2026-02-06 | 237.00x |
| 2026-02-05 | 238.44x |
| 2026-02-04 | 246.09x |
| 2026-02-03 | 246.67x |
| 2026-02-02 | 245.63x |
| 2026-01-30 | 238.92x |
| 2026-01-29 | 242.45x |
| 2026-01-28 | 236.75x |
| 2026-01-27 | 242.82x |
| 2026-01-26 | 245.96x |
| 2026-01-23 | 249.33x |
| 2026-01-22 | 252.41x |
| 2026-01-21 | 247.45x |
| 2026-01-20 | 244.05x |
| 2026-01-16 | 239.92x |
| 2026-01-15 | 243.50x |
| 2026-01-14 | 244.03x |
| 2026-01-13 | 235.09x |
| 2026-01-12 | 255.85x |
| 2026-01-09 | 255.66x |
| 2026-01-08 | 248.09x |
| 2026-01-07 | 247.96x |
| 2026-01-06 | 243.43x |
| 2026-01-05 | 238.83x |
| 2026-01-02 | 236.62x |
| 2025-12-31 | 235.43x |
| 2025-12-30 | 236.73x |
| 2025-12-29 | 242.44x |
| 2025-12-26 | 243.21x |
| 2025-12-24 | 244.72x |
| 2025-12-23 | 245.00x |
| 2025-12-22 | 245.66x |
| 2025-12-19 | 248.39x |
| 2025-12-18 | 246.18x |
| 2025-12-17 | 241.78x |
| 2025-12-16 | 239.53x |
| 2025-12-15 | 239.81x |
| 2025-12-12 | 235.98x |
| 2025-12-11 | 228.59x |
| 2025-12-10 | 229.63x |
| 2025-12-09 | 231.70x |
| 2025-12-08 | 230.36x |
| 2025-12-05 | 230.59x |
| 2025-12-04 | 234.77x |
| 2025-12-03 | 239.99x |
| 2025-12-02 | 242.37x |
| 2025-12-01 | 244.52x |
| 2025-11-28 | 251.67x |
| 2025-11-26 | 255.10x |
| 2025-11-25 | 252.06x |
| 2025-11-24 | 255.94x |
| 2025-11-21 | 247.12x |
| 2025-11-20 | 246.89x |
| 2025-11-19 | 254.97x |
| 2025-11-18 | 256.12x |
| 2025-11-17 | 249.56x |
| 2025-11-14 | 249.00x |
| 2025-11-13 | 249.47x |
| 2025-11-12 | 254.47x |
| 2025-11-11 | 258.02x |
| 2025-11-10 | 258.70x |
| 2024-08-07 | 2272.06x |
| 2024-08-06 | 2415.04x |
| 2024-08-05 | 2392.29x |
| 2024-08-02 | 2443.79x |
| 2024-08-01 | 2546.52x |
| 2024-07-31 | 2663.75x |
| 2024-07-30 | 2691.74x |
| 2024-07-29 | 2657.75x |
| 2024-07-26 | 2617.51x |
| 2024-07-25 | 2589.26x |
| 2024-07-24 | 2512.77x |
| 2024-07-23 | 2498.28x |
| 2024-07-22 | 2475.28x |
| 2024-07-19 | 2433.04x |
| 2024-07-18 | 2413.04x |
| 2024-07-17 | 2465.78x |
| 2024-07-16 | 2412.79x |
| 2024-07-15 | 2355.80x |
| 2024-07-12 | 2424.29x |
| 2024-07-11 | 2389.04x |
| 2024-07-10 | 2346.55x |
| 2024-07-09 | 2231.82x |
| 2024-07-08 | 2111.09x |
| 2024-07-05 | 2048.35x |
| 2024-07-03 | 2006.61x |
| 2024-07-02 | 2058.85x |
| 2024-07-01 | 2060.35x |
| 2024-06-28 | 2045.60x |
| 2024-06-27 | 1997.36x |
| 2024-06-26 | 1884.63x |
| 2024-06-25 | 1911.62x |
| 2024-06-24 | 1938.12x |
| 2024-06-21 | 1923.87x |
| 2024-06-20 | 1934.37x |
Showing the most recent 260 of 3,115 data points. The chart above shows the full history.
