PE Ratio: 31.75

Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. 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 31.75 is 12% below its 5-year average of 36.21, near the low end of its 5-year range (14.85–131.18).

As of 2026-10-06T14:57:39.301Z. 42.12% below its 12-month average of 54.86.

PE Ratio (31.75) = Close Price ($296.83) / Diluted TTM EPS ($9.35)

LGND PE Ratio Metrics

P/E vs. its own history

At 31.8, P/E is near its 19-year median — higher than 38% of readings in its 19-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 Ligand Pharmaceuticals Incorporated (LGND)?

The P/E ratio for LGND stock is 31.75.

Is Ligand Pharmaceuticals Incorporated's P/E ratio high or low?

The P/E ratio of 31.75 is 12% below its 5-year average of 36.21, near the low end of its 5-year range (14.85–131.18).

What is the TTM average P/E ratio for Ligand Pharmaceuticals Incorporated (LGND)?

The TTM average P/E ratio for LGND stock is 54.86.

What is the 3Y average P/E ratio for Ligand Pharmaceuticals Incorporated (LGND)?

The 3Y average P/E ratio for LGND stock is 51.97.

What is the 5Y average P/E ratio for Ligand Pharmaceuticals Incorporated (LGND)?

The 5Y average P/E ratio for LGND stock is 36.21.

What is the 10Y average P/E ratio for Ligand Pharmaceuticals Incorporated (LGND)?

The 10Y average P/E ratio for LGND stock is 36.11.

What is the 15Y average P/E ratio for Ligand Pharmaceuticals Incorporated (LGND)?

The 15Y average P/E ratio for LGND stock is 51.65.

What is the 20Y average P/E ratio for Ligand Pharmaceuticals Incorporated (LGND)?

The 20Y average P/E ratio for LGND stock is 50.22.

Showing the most recent 260 of 3,591 data points. The chart above shows the full history.

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