Basis: FMP quote market capitalization / four-quarter operating cash flow. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/OCF ratio high or low?
The Price/OCF ratio of 45.21 is 59% above its estimated 5-year average of 28.47, around the middle of its estimated 5-year range (6.51–132.57).
As of 2026-10-06T21:07:33.309Z. 43.55% below its estimated 12-month average of 80.09.
Calculation as of: 2026-10-06T21:07:33.309Z.
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.
PRICE/OCF RATIO
45.21
PRICE/OCF RATIO AVG TTM
80.09
PRICE/OCF RATIO AVG 3Y
39.56
PRICE/OCF RATIO AVG 5Y
28.47
PRICE/OCF RATIO AVG 10Y
24.72
PRICE/OCF RATIO AVG 15Y
30.25
PRICE/OCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-43.55%
CURRENT VS 3Y AVG
+14.30%
CURRENT VS 5Y AVG
+58.83%
CURRENT VS 10Y AVG
+82.88%
CURRENT VS 15Y AVG
+49.47%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
17.11
median of 234 covered companies
CURRENT VS SECTOR MEDIAN
+164.23%
vs the sector median at left
Ligand Pharmaceuticals Incorporated
Market Cap
$5.95B
Price/OCF Ratio
45.21
TTM Avg
80.09
3Y Avg
39.56
5Y Avg
28.47
Market Cap
$5.87B
Price/OCF Ratio
31.72
TTM Avg
31.51
3Y Avg
57.31
5Y Avg
58.06
Market Cap
$5.79B
Price/OCF Ratio
N/A
TTM Avg
1.10
3Y Avg
1.10
5Y Avg
1.10
Market Cap
$6.23B
Price/OCF Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.52B
Price/OCF Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ligand Pharmaceuticals Incorporated (LGND) | $5.95B | 45.21 | 80.09 | 39.56 | 28.47 |
| GRAIL Inc. (GRAL)vs › | $5.89B | N/A | N/A | N/A | N/A |
| Kiniksa Pharmaceuticals International, plc (KNSA)vs › | $5.87B | 31.72 | 31.51 | 57.31 | 58.06 |
| Iovance Biotherapeutics, Inc. (IOVA)vs › | $5.79B | N/A | 1.10 | 1.10 | 1.10 |
| 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 | 17.43 | 17.73 | 17.23 | 13.87 |
| MiniMed Group, Inc. Common Stock (MMED)vs › | $5.52B | N/A | N/A | N/A | N/A |
| Amneal Pharmaceuticals, Inc. (AMRX)vs › | $6.48B | 32.28 | 16.27 | 10.55 | 7.93 |
P/OCF Ratio
45.2
P/FCF Ratio
45.3
P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/OCF RATIO |
|---|---|
| 2026-10-05 | 50.89 |
| 2026-10-02 | 50.26 |
| 2026-10-01 | 50.22 |
| 2026-09-30 | 51.82 |
| 2026-09-29 | 51.48 |
| 2026-09-28 | 52.10 |
| 2026-09-25 | 50.02 |
| 2026-09-24 | 49.60 |
| 2026-09-23 | 49.50 |
| 2026-09-22 | 49.52 |
| 2026-09-21 | 48.12 |
| 2026-09-18 | 47.03 |
| 2026-09-17 | 47.23 |
| 2026-09-16 | 45.65 |
| 2026-09-15 | 45.95 |
| 2026-09-14 | 46.55 |
| 2026-09-11 | 47.19 |
| 2026-09-10 | 47.98 |
| 2026-09-09 | 47.78 |
| 2026-09-08 | 47.91 |
| 2026-09-04 | 47.38 |
| 2026-09-03 | 48.06 |
| 2026-09-02 | 47.59 |
| 2026-09-01 | 47.15 |
| 2026-08-31 | 47.13 |
| 2026-08-28 | 46.53 |
| 2026-08-27 | 47.20 |
| 2026-08-26 | 47.75 |
| 2026-08-25 | 46.73 |
| 2026-08-24 | 46.48 |
| 2026-08-21 | 47.49 |
| 2026-08-20 | 47.67 |
| 2026-08-19 | 48.22 |
| 2026-08-18 | 47.71 |
| 2026-08-17 | 48.40 |
| 2026-08-14 | 48.87 |
| 2026-08-13 | 47.91 |
| 2026-08-12 | 48.65 |
| 2026-08-11 | 47.90 |
| 2026-08-10 | 49.05 |
| 2026-08-07 | 47.23 |
| 2026-08-06 | 48.35 |
| 2026-08-05 | 48.74 |
| 2026-08-04 | 48.46 |
| 2026-08-03 | 47.05 |
| 2026-07-31 | 46.32 |
| 2026-07-30 | 47.73 |
| 2026-07-29 | 46.40 |
| 2026-07-28 | 47.73 |
| 2026-07-27 | 47.93 |
| 2026-07-24 | 48.41 |
| 2026-07-23 | 48.68 |
| 2026-07-22 | 49.02 |
| 2026-07-21 | 49.21 |
| 2026-07-20 | 47.36 |
| 2026-07-17 | 48.88 |
| 2026-07-16 | 47.76 |
| 2026-07-15 | 47.73 |
| 2026-07-14 | 48.49 |
| 2026-07-13 | 49.82 |
| 2026-07-10 | 50.95 |
| 2026-07-09 | 51.97 |
| 2026-07-08 | 50.73 |
| 2026-07-07 | 51.46 |
| 2026-07-06 | 51.62 |
| 2026-07-02 | 51.48 |
| 2026-07-01 | 50.26 |
| 2026-06-30 | 50.92 |
| 2026-06-29 | 50.59 |
| 2026-06-26 | 48.91 |
| 2026-06-25 | 47.67 |
| 2026-06-24 | 45.90 |
| 2026-06-23 | 45.02 |
| 2026-06-22 | 42.23 |
| 2026-06-18 | 44.28 |
| 2026-06-17 | 42.39 |
| 2026-06-16 | 41.12 |
| 2026-06-15 | 40.80 |
| 2026-06-12 | 41.17 |
| 2026-06-11 | 41.01 |
| 2026-06-10 | 39.99 |
| 2026-06-09 | 39.19 |
| 2026-06-08 | 38.30 |
| 2026-06-05 | 38.18 |
| 2026-06-04 | 38.00 |
| 2026-06-03 | 37.76 |
| 2026-06-02 | 37.50 |
| 2026-06-01 | 37.02 |
| 2026-05-29 | 37.37 |
| 2026-05-28 | 37.80 |
| 2026-05-27 | 38.00 |
| 2026-05-26 | 37.91 |
| 2026-05-22 | 36.94 |
| 2026-05-21 | 35.79 |
| 2026-05-20 | 35.08 |
| 2026-05-19 | 33.47 |
| 2026-05-18 | 33.49 |
| 2026-05-15 | 34.35 |
| 2026-05-14 | 35.28 |
| 2026-05-13 | 35.64 |
| 2026-05-12 | 35.76 |
| 2026-05-11 | 35.52 |
| 2026-05-08 | 95.10 |
| 2026-05-07 | 90.34 |
| 2026-05-06 | 99.88 |
| 2026-05-05 | 99.77 |
| 2026-05-04 | 98.08 |
| 2026-05-01 | 97.69 |
| 2026-04-30 | 98.55 |
| 2026-04-29 | 96.58 |
| 2026-04-28 | 99.78 |
| 2026-04-27 | 103.85 |
| 2026-04-24 | 99.33 |
| 2026-04-23 | 98.13 |
| 2026-04-22 | 97.44 |
| 2026-04-21 | 97.36 |
| 2026-04-20 | 99.55 |
| 2026-04-17 | 99.57 |
| 2026-04-16 | 95.88 |
| 2026-04-15 | 96.68 |
| 2026-04-14 | 99.79 |
| 2026-04-13 | 91.67 |
| 2026-04-10 | 88.01 |
| 2026-04-09 | 88.32 |
| 2026-04-08 | 89.38 |
| 2026-04-07 | 88.09 |
| 2026-04-06 | 87.45 |
| 2026-04-02 | 85.72 |
| 2026-04-01 | 85.74 |
| 2026-03-31 | 85.75 |
| 2026-03-30 | 82.74 |
| 2026-03-27 | 83.96 |
| 2026-03-26 | 87.49 |
| 2026-03-25 | 87.86 |
| 2026-03-24 | 86.61 |
| 2026-03-23 | 86.06 |
| 2026-03-20 | 87.97 |
| 2026-03-19 | 90.41 |
| 2026-03-18 | 89.99 |
| 2026-03-17 | 90.62 |
| 2026-03-16 | 89.25 |
| 2026-03-13 | 87.15 |
| 2026-03-12 | 90.83 |
| 2026-03-11 | 95.02 |
| 2026-03-10 | 91.18 |
| 2026-03-09 | 89.41 |
| 2026-03-06 | 86.72 |
| 2026-03-05 | 88.59 |
| 2026-03-04 | 89.74 |
| 2026-03-03 | 87.72 |
| 2026-03-02 | 87.00 |
| 2026-02-27 | 125.62 |
| 2026-02-26 | 124.26 |
| 2026-02-25 | 121.23 |
| 2026-02-24 | 119.72 |
| 2026-02-23 | 116.33 |
| 2026-02-20 | 116.54 |
| 2026-02-19 | 118.02 |
| 2026-02-18 | 120.32 |
| 2026-02-17 | 118.78 |
| 2026-02-13 | 116.45 |
| 2026-02-12 | 115.06 |
| 2026-02-11 | 117.79 |
| 2026-02-10 | 118.47 |
| 2026-02-09 | 118.41 |
| 2026-02-06 | 120.63 |
| 2026-02-05 | 121.42 |
| 2026-02-04 | 125.63 |
| 2026-02-03 | 125.95 |
| 2026-02-02 | 125.38 |
| 2026-01-30 | 121.68 |
| 2026-01-29 | 123.63 |
| 2026-01-28 | 120.49 |
| 2026-01-27 | 123.83 |
| 2026-01-26 | 125.56 |
| 2026-01-23 | 127.42 |
| 2026-01-22 | 129.11 |
| 2026-01-21 | 126.38 |
| 2026-01-20 | 124.51 |
| 2026-01-16 | 122.23 |
| 2026-01-15 | 124.20 |
| 2026-01-14 | 124.50 |
| 2026-01-13 | 119.58 |
| 2026-01-12 | 131.00 |
| 2026-01-09 | 130.90 |
| 2026-01-08 | 126.73 |
| 2026-01-07 | 126.66 |
| 2026-01-06 | 124.17 |
| 2026-01-05 | 121.64 |
| 2026-01-02 | 120.42 |
| 2025-12-31 | 119.76 |
| 2025-12-30 | 120.48 |
| 2025-12-29 | 123.62 |
| 2025-12-26 | 124.05 |
| 2025-12-24 | 124.88 |
| 2025-12-23 | 125.03 |
| 2025-12-22 | 125.40 |
| 2025-12-19 | 126.90 |
| 2025-12-18 | 125.68 |
| 2025-12-17 | 123.26 |
| 2025-12-16 | 122.02 |
| 2025-12-15 | 122.18 |
| 2025-12-12 | 120.07 |
| 2025-12-11 | 116.00 |
| 2025-12-10 | 116.57 |
| 2025-12-09 | 117.71 |
| 2025-12-08 | 116.98 |
| 2025-12-05 | 117.10 |
| 2025-12-04 | 119.40 |
| 2025-12-03 | 122.27 |
| 2025-12-02 | 123.58 |
| 2025-12-01 | 124.77 |
| 2025-11-28 | 128.70 |
| 2025-11-26 | 130.59 |
| 2025-11-25 | 128.92 |
| 2025-11-24 | 131.05 |
| 2025-11-21 | 126.20 |
| 2025-11-20 | 126.07 |
| 2025-11-19 | 130.52 |
| 2025-11-18 | 131.15 |
| 2025-11-17 | 127.54 |
| 2025-11-14 | 127.23 |
| 2025-11-13 | 127.49 |
| 2025-11-12 | 130.24 |
| 2025-11-11 | 132.20 |
| 2025-11-10 | 132.57 |
| 2025-11-07 | 72.98 |
| 2025-11-06 | 75.05 |
| 2025-11-05 | 68.62 |
| 2025-11-04 | 68.29 |
| 2025-11-03 | 68.93 |
| 2025-10-31 | 68.96 |
| 2025-10-30 | 67.42 |
| 2025-10-29 | 66.51 |
| 2025-10-28 | 68.08 |
| 2025-10-27 | 68.47 |
| 2025-10-24 | 67.40 |
| 2025-10-23 | 66.77 |
| 2025-10-22 | 66.89 |
| 2025-10-21 | 67.28 |
| 2025-10-20 | 67.31 |
| 2025-10-17 | 65.47 |
| 2025-10-16 | 65.16 |
| 2025-10-15 | 66.07 |
| 2025-10-14 | 65.21 |
| 2025-10-13 | 64.84 |
| 2025-10-10 | 64.06 |
| 2025-10-09 | 65.72 |
| 2025-10-08 | 66.50 |
| 2025-10-07 | 66.02 |
| 2025-10-06 | 65.82 |
| 2025-10-03 | 65.24 |
| 2025-10-02 | 64.92 |
| 2025-10-01 | 64.55 |
| 2025-09-30 | 63.85 |
| 2025-09-29 | 62.40 |
| 2025-09-26 | 61.17 |
| 2025-09-25 | 60.11 |
| 2025-09-24 | 60.90 |
| 2025-09-23 | 61.51 |
Showing the most recent 260 of 3,445 data points. The chart above shows the full history.
