Basis: FMP quote market capitalization / four-quarter operating cash flow less absolute capital expenditures. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/FCF ratio high or low?
The Price/FCF ratio of 45.28 is 33% above its estimated 5-year average of 34.08, near the low end of its estimated 5-year range (7.35–137.56).
As of 2026-10-06T14:57:39.301Z. 46.28% below its estimated 12-month average of 84.29.
Calculation as of: 2026-10-06T14:57:39.301Z.
Quote observation: 2026-10-06T14:55:25.000Z. 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.
PRICE/FCF RATIO
45.28
PRICE/FCF RATIO AVG TTM
84.29
PRICE/FCF RATIO AVG 3Y
54.39
PRICE/FCF RATIO AVG 5Y
34.08
PRICE/FCF RATIO AVG 10Y
31.40
PRICE/FCF RATIO AVG 15Y
37.78
PRICE/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-46.28%
CURRENT VS 3Y AVG
-16.76%
CURRENT VS 5Y AVG
+32.86%
CURRENT VS 10Y AVG
+44.19%
CURRENT VS 15Y AVG
+19.84%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
20.98
median of 172 covered companies
CURRENT VS SECTOR MEDIAN
+115.77%
vs the sector median at left
Ligand Pharmaceuticals Incorporated
Market Cap
$5.95B
Price/FCF Ratio
45.28
TTM Avg
84.29
3Y Avg
54.39
5Y Avg
34.08
Market Cap
$5.84B
Price/FCF Ratio
N/A
TTM Avg
1.10
3Y Avg
1.10
5Y Avg
1.10
Market Cap
$5.70B
Price/FCF Ratio
31.13
TTM Avg
31.84
3Y Avg
57.87
5Y Avg
58.75
Market Cap
$5.54B
Price/FCF Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.45B
Price/FCF Ratio
77.66
TTM Avg
27.87
3Y Avg
16.49
5Y Avg
12.82
Market Cap
$6.53B
Price/FCF Ratio
16.83
TTM Avg
14.30
3Y Avg
15.40
5Y Avg
29.38
| NAME | MARKET CAP | PRICE/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ligand Pharmaceuticals Incorporated (LGND) | $5.95B | 45.28 | 84.29 | 54.39 | 34.08 |
| GRAIL Inc. (GRAL)vs › | $6.05B | N/A | N/A | N/A | N/A |
| Iovance Biotherapeutics, Inc. (IOVA)vs › | $5.84B | N/A | 1.10 | 1.10 | 1.10 |
| CG Oncology Inc. (CGON)vs › | $5.76B | N/A | N/A | N/A | N/A |
| Kiniksa Pharmaceuticals International, plc (KNSA)vs › | $5.70B | 31.13 | 31.84 | 57.87 | 58.75 |
| MiniMed Group, Inc. Common Stock (MMED)vs › | $5.54B | N/A | N/A | N/A | N/A |
| Amneal Pharmaceuticals, Inc. (AMRX)vs › | $6.45B | 77.66 | 27.87 | 16.49 | 12.82 |
| Doximity, Inc. (DOCS)vs › | $5.39B | 18.01 | 21.47 | 35.28 | 47.18 |
| Lantheus Holdings, Inc. (LNTH)vs › | $6.53B | 16.83 | 14.30 | 15.40 | 29.38 |
| Immunovant, Inc. (IMVT)vs › | $6.66B | N/A | N/A | N/A | N/A |
P/FCF Ratio
45.3
FCF Yield
2.21%
P/FCF measures market price relative to free cash flow per share. Free cash flow is operating cash flow after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/FCF RATIO |
|---|---|
| 2026-10-05 | 50.99 |
| 2026-10-02 | 50.36 |
| 2026-10-01 | 50.32 |
| 2026-09-30 | 51.93 |
| 2026-09-29 | 51.59 |
| 2026-09-28 | 52.21 |
| 2026-09-25 | 50.12 |
| 2026-09-24 | 49.71 |
| 2026-09-23 | 49.61 |
| 2026-09-22 | 49.62 |
| 2026-09-21 | 48.22 |
| 2026-09-18 | 47.12 |
| 2026-09-17 | 47.33 |
| 2026-09-16 | 45.75 |
| 2026-09-15 | 46.04 |
| 2026-09-14 | 46.65 |
| 2026-09-11 | 47.29 |
| 2026-09-10 | 48.08 |
| 2026-09-09 | 47.88 |
| 2026-09-08 | 48.01 |
| 2026-09-04 | 47.48 |
| 2026-09-03 | 48.16 |
| 2026-09-02 | 47.70 |
| 2026-09-01 | 47.25 |
| 2026-08-31 | 47.23 |
| 2026-08-28 | 46.63 |
| 2026-08-27 | 47.30 |
| 2026-08-26 | 47.85 |
| 2026-08-25 | 46.83 |
| 2026-08-24 | 46.57 |
| 2026-08-21 | 47.59 |
| 2026-08-20 | 47.77 |
| 2026-08-19 | 48.33 |
| 2026-08-18 | 47.81 |
| 2026-08-17 | 48.50 |
| 2026-08-14 | 48.97 |
| 2026-08-13 | 48.01 |
| 2026-08-12 | 48.75 |
| 2026-08-11 | 48.00 |
| 2026-08-10 | 49.15 |
| 2026-08-07 | 47.40 |
| 2026-08-06 | 48.54 |
| 2026-08-05 | 48.93 |
| 2026-08-04 | 48.64 |
| 2026-08-03 | 47.23 |
| 2026-07-31 | 46.50 |
| 2026-07-30 | 47.91 |
| 2026-07-29 | 46.57 |
| 2026-07-28 | 47.91 |
| 2026-07-27 | 48.11 |
| 2026-07-24 | 48.60 |
| 2026-07-23 | 48.86 |
| 2026-07-22 | 49.20 |
| 2026-07-21 | 49.40 |
| 2026-07-20 | 47.54 |
| 2026-07-17 | 49.06 |
| 2026-07-16 | 47.94 |
| 2026-07-15 | 47.91 |
| 2026-07-14 | 48.67 |
| 2026-07-13 | 50.01 |
| 2026-07-10 | 51.14 |
| 2026-07-09 | 52.17 |
| 2026-07-08 | 50.92 |
| 2026-07-07 | 51.65 |
| 2026-07-06 | 51.81 |
| 2026-07-02 | 51.67 |
| 2026-07-01 | 50.45 |
| 2026-06-30 | 51.11 |
| 2026-06-29 | 50.78 |
| 2026-06-26 | 49.09 |
| 2026-06-25 | 47.85 |
| 2026-06-24 | 46.07 |
| 2026-06-23 | 45.19 |
| 2026-06-22 | 42.40 |
| 2026-06-18 | 44.45 |
| 2026-06-17 | 42.55 |
| 2026-06-16 | 41.28 |
| 2026-06-15 | 40.95 |
| 2026-06-12 | 41.32 |
| 2026-06-11 | 41.17 |
| 2026-06-10 | 40.14 |
| 2026-06-09 | 39.34 |
| 2026-06-08 | 38.45 |
| 2026-06-05 | 38.32 |
| 2026-06-04 | 38.15 |
| 2026-06-03 | 37.90 |
| 2026-06-02 | 37.64 |
| 2026-06-01 | 37.16 |
| 2026-05-29 | 37.51 |
| 2026-05-28 | 37.95 |
| 2026-05-27 | 38.15 |
| 2026-05-26 | 38.05 |
| 2026-05-22 | 37.08 |
| 2026-05-21 | 35.93 |
| 2026-05-20 | 35.21 |
| 2026-05-19 | 33.60 |
| 2026-05-18 | 33.62 |
| 2026-05-15 | 34.48 |
| 2026-05-14 | 35.41 |
| 2026-05-13 | 35.77 |
| 2026-05-12 | 35.90 |
| 2026-05-11 | 35.65 |
| 2026-05-08 | 95.98 |
| 2026-05-07 | 91.17 |
| 2026-05-06 | 100.81 |
| 2026-05-05 | 100.70 |
| 2026-05-04 | 98.99 |
| 2026-05-01 | 98.59 |
| 2026-04-30 | 99.46 |
| 2026-04-29 | 97.47 |
| 2026-04-28 | 100.71 |
| 2026-04-27 | 104.81 |
| 2026-04-24 | 100.25 |
| 2026-04-23 | 99.04 |
| 2026-04-22 | 98.34 |
| 2026-04-21 | 98.26 |
| 2026-04-20 | 100.47 |
| 2026-04-17 | 100.49 |
| 2026-04-16 | 96.77 |
| 2026-04-15 | 97.57 |
| 2026-04-14 | 100.72 |
| 2026-04-13 | 92.52 |
| 2026-04-10 | 88.83 |
| 2026-04-09 | 89.14 |
| 2026-04-08 | 90.20 |
| 2026-04-07 | 88.91 |
| 2026-04-06 | 88.26 |
| 2026-04-02 | 86.52 |
| 2026-04-01 | 86.53 |
| 2026-03-31 | 86.55 |
| 2026-03-30 | 83.51 |
| 2026-03-27 | 84.74 |
| 2026-03-26 | 88.30 |
| 2026-03-25 | 88.67 |
| 2026-03-24 | 87.42 |
| 2026-03-23 | 86.85 |
| 2026-03-20 | 88.78 |
| 2026-03-19 | 91.24 |
| 2026-03-18 | 90.82 |
| 2026-03-17 | 91.46 |
| 2026-03-16 | 90.08 |
| 2026-03-13 | 87.96 |
| 2026-03-12 | 91.67 |
| 2026-03-11 | 95.90 |
| 2026-03-10 | 92.02 |
| 2026-03-09 | 90.23 |
| 2026-03-06 | 87.52 |
| 2026-03-05 | 89.41 |
| 2026-03-04 | 90.58 |
| 2026-03-03 | 88.53 |
| 2026-03-02 | 87.80 |
| 2026-02-27 | 130.35 |
| 2026-02-26 | 128.94 |
| 2026-02-25 | 125.80 |
| 2026-02-24 | 124.23 |
| 2026-02-23 | 120.71 |
| 2026-02-20 | 120.93 |
| 2026-02-19 | 122.46 |
| 2026-02-18 | 124.84 |
| 2026-02-17 | 123.25 |
| 2026-02-13 | 120.83 |
| 2026-02-12 | 119.40 |
| 2026-02-11 | 122.23 |
| 2026-02-10 | 122.92 |
| 2026-02-09 | 122.87 |
| 2026-02-06 | 125.17 |
| 2026-02-05 | 125.99 |
| 2026-02-04 | 130.36 |
| 2026-02-03 | 130.69 |
| 2026-02-02 | 130.10 |
| 2026-01-30 | 126.26 |
| 2026-01-29 | 128.28 |
| 2026-01-28 | 125.03 |
| 2026-01-27 | 128.49 |
| 2026-01-26 | 130.29 |
| 2026-01-23 | 132.21 |
| 2026-01-22 | 133.97 |
| 2026-01-21 | 131.13 |
| 2026-01-20 | 129.20 |
| 2026-01-16 | 126.84 |
| 2026-01-15 | 128.88 |
| 2026-01-14 | 129.18 |
| 2026-01-13 | 124.08 |
| 2026-01-12 | 135.93 |
| 2026-01-09 | 135.83 |
| 2026-01-08 | 131.50 |
| 2026-01-07 | 131.43 |
| 2026-01-06 | 128.84 |
| 2026-01-05 | 126.22 |
| 2026-01-02 | 124.96 |
| 2025-12-31 | 124.27 |
| 2025-12-30 | 125.01 |
| 2025-12-29 | 128.28 |
| 2025-12-26 | 128.72 |
| 2025-12-24 | 129.58 |
| 2025-12-23 | 129.74 |
| 2025-12-22 | 130.12 |
| 2025-12-19 | 131.67 |
| 2025-12-18 | 130.41 |
| 2025-12-17 | 127.90 |
| 2025-12-16 | 126.61 |
| 2025-12-15 | 126.78 |
| 2025-12-12 | 124.59 |
| 2025-12-11 | 120.37 |
| 2025-12-10 | 120.96 |
| 2025-12-09 | 122.14 |
| 2025-12-08 | 121.38 |
| 2025-12-05 | 121.51 |
| 2025-12-04 | 123.90 |
| 2025-12-03 | 126.88 |
| 2025-12-02 | 128.24 |
| 2025-12-01 | 129.46 |
| 2025-11-28 | 133.55 |
| 2025-11-26 | 135.51 |
| 2025-11-25 | 133.77 |
| 2025-11-24 | 135.98 |
| 2025-11-21 | 130.95 |
| 2025-11-20 | 130.82 |
| 2025-11-19 | 135.43 |
| 2025-11-18 | 136.09 |
| 2025-11-17 | 132.34 |
| 2025-11-14 | 132.02 |
| 2025-11-13 | 132.29 |
| 2025-11-12 | 135.14 |
| 2025-11-11 | 137.17 |
| 2025-11-10 | 137.56 |
| 2025-11-07 | 101.12 |
| 2025-11-06 | 103.98 |
| 2025-11-05 | 95.07 |
| 2025-11-04 | 94.61 |
| 2025-11-03 | 95.50 |
| 2025-10-31 | 95.54 |
| 2025-10-30 | 93.42 |
| 2025-10-29 | 92.15 |
| 2025-10-28 | 94.32 |
| 2025-10-27 | 94.87 |
| 2025-10-24 | 93.38 |
| 2025-10-23 | 92.51 |
| 2025-10-22 | 92.67 |
| 2025-10-21 | 93.22 |
| 2025-10-20 | 93.26 |
| 2025-10-17 | 90.71 |
| 2025-10-16 | 90.27 |
| 2025-10-15 | 91.54 |
| 2025-10-14 | 90.35 |
| 2025-10-13 | 89.83 |
| 2025-10-10 | 88.76 |
| 2025-10-09 | 91.05 |
| 2025-10-08 | 92.13 |
| 2025-10-07 | 91.47 |
| 2025-10-06 | 91.19 |
| 2025-10-03 | 90.38 |
| 2025-10-02 | 89.95 |
| 2025-10-01 | 89.43 |
| 2025-09-30 | 88.46 |
| 2025-09-29 | 86.46 |
| 2025-09-26 | 84.76 |
| 2025-09-25 | 83.28 |
| 2025-09-24 | 84.38 |
| 2025-09-23 | 85.22 |
Showing the most recent 260 of 3,133 data points. The chart above shows the full history.
