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 2.84 is 57% below its 2-year average of 6.66, near the low end of its 2-year range (1.35–131.39).
As of 2026-10-06T19:58:46.442Z. 24.05% below its 12-month average of 3.74.
Calculation as of: 2026-10-06T19:58:46.442Z.
Quote observation: 2026-10-06T19:55:09.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 10184983b4f7142f96f0067605243f392fc8fcbd70b0fec7dfdf58ff773dff78
PE Ratio (2.84) = Close Price ($46.43) / Diluted TTM EPS ($16.35)
PE RATIO
2.84
PE RATIO AVG TTM
3.74
PE RATIO AVG 3Y
6.66
PE RATIO AVG 5Y
6.66
PE RATIO AVG 10Y
6.66
PE RATIO AVG 15Y
6.66
PE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-24.05%
CURRENT VS 3Y AVG
-57.33%
CURRENT VS 5Y AVG
-57.33%
CURRENT VS 10Y AVG
-57.33%
CURRENT VS 15Y AVG
-57.33%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
25.60
median of 187 covered companies
CURRENT VS SECTOR MEDIAN
-88.91%
vs the sector median at left
Market Cap
$840.18M
PE Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$821.54M
PE Ratio
N/A
TTM Avg
351.06
3Y Avg
351.06
5Y Avg
351.06
Market Cap
$832.12M
PE Ratio
N/A
TTM Avg
76.88
3Y Avg
76.88
5Y Avg
76.88
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rigel Pharmaceuticals, Inc. (RIGL) | $859.05M | 2.84 | 3.74 | 6.66 | 6.66 |
| SI-BONE, Inc. (SIBN)vs › | $865.92M | N/A | N/A | N/A | N/A |
| Alumis Inc. (ALMS)vs › | $849.83M | N/A | N/A | N/A | N/A |
| SL Science Holding Ltd (SLBT)vs › | $869.01M | N/A | N/A | N/A | N/A |
| QuidelOrtho Corporation (QDEL)vs › | $864.93M | N/A | 151.06 | 53.96 | 49.56 |
| SpyGlass Pharma, Inc. Common Stock (SGP)vs › | $840.18M | N/A | N/A | N/A | N/A |
| Odyssey Therapeutics, Inc. (ODTX)vs › | $878.73M | N/A | N/A | N/A | N/A |
| Pacific Biosciences of California, Inc. (PACB)vs › | $821.54M | N/A | 351.06 | 351.06 | 351.06 |
| Monte Rosa Therapeutics, Inc. (GLUE)vs › | $832.12M | N/A | 76.88 | 76.88 | 76.88 |
| Corvus Pharmaceuticals, Inc. (CRVS)vs › | $885.47M | N/A | 43.56 | 43.56 | 43.56 |
At 2.8, P/E is below its 16-year median — higher than 19% of readings in its 16-year history.
16-year low
1.4
median
9.6
16-year high
406.0
Trailing P/E
2.8
Forward P/E
13.5
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$46.43
Forward EPS (Est.)
$3.43
Forward P/E
13.54
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-10-05 | 2.93 |
| 2026-10-02 | 2.89 |
| 2026-10-01 | 2.88 |
| 2026-09-30 | 2.95 |
| 2026-09-29 | 3.00 |
| 2026-09-28 | 3.02 |
| 2026-09-25 | 2.95 |
| 2026-09-24 | 2.93 |
| 2026-09-23 | 2.95 |
| 2026-09-22 | 2.99 |
| 2026-09-21 | 2.89 |
| 2026-09-18 | 2.86 |
| 2026-09-17 | 2.81 |
| 2026-09-16 | 2.73 |
| 2026-09-15 | 2.72 |
| 2026-09-14 | 2.78 |
| 2026-09-11 | 2.89 |
| 2026-09-10 | 2.90 |
| 2026-09-09 | 2.89 |
| 2026-09-08 | 2.90 |
| 2026-09-04 | 2.98 |
| 2026-09-03 | 2.97 |
| 2026-09-02 | 3.03 |
| 2026-09-01 | 2.91 |
| 2026-08-31 | 2.83 |
| 2026-08-28 | 2.85 |
| 2026-08-27 | 2.87 |
| 2026-08-26 | 2.85 |
| 2026-08-25 | 2.86 |
| 2026-08-24 | 2.76 |
| 2026-08-21 | 2.81 |
| 2026-08-20 | 2.77 |
| 2026-08-19 | 2.88 |
| 2026-08-18 | 2.67 |
| 2026-08-17 | 2.60 |
| 2026-08-14 | 2.61 |
| 2026-08-13 | 2.50 |
| 2026-08-12 | 2.57 |
| 2026-08-11 | 2.57 |
| 2026-08-10 | 2.55 |
| 2026-08-07 | 2.46 |
| 2026-08-06 | 2.40 |
| 2026-08-05 | 2.48 |
| 2026-08-04 | 2.07 |
| 2026-08-03 | 2.00 |
| 2026-07-31 | 1.97 |
| 2026-07-30 | 2.03 |
| 2026-07-29 | 2.09 |
| 2026-07-28 | 2.06 |
| 2026-07-27 | 2.00 |
| 2026-07-24 | 1.96 |
| 2026-07-23 | 1.97 |
| 2026-07-22 | 2.02 |
| 2026-07-21 | 2.10 |
| 2026-07-20 | 2.12 |
| 2026-07-17 | 2.17 |
| 2026-07-16 | 2.23 |
| 2026-07-15 | 2.20 |
| 2026-07-14 | 2.20 |
| 2026-07-13 | 2.21 |
| 2026-07-10 | 2.27 |
| 2026-07-09 | 2.34 |
| 2026-07-08 | 2.29 |
| 2026-07-07 | 2.27 |
| 2026-07-06 | 2.15 |
| 2026-07-02 | 2.07 |
| 2026-07-01 | 2.05 |
| 2026-06-30 | 2.09 |
| 2026-06-29 | 2.09 |
| 2026-06-26 | 2.07 |
| 2026-06-25 | 1.98 |
| 2026-06-24 | 1.95 |
| 2026-06-23 | 1.90 |
| 2026-06-22 | 1.91 |
| 2026-06-18 | 1.76 |
| 2026-06-17 | 1.78 |
| 2026-06-16 | 1.73 |
| 2026-06-15 | 1.79 |
| 2026-06-12 | 1.75 |
| 2026-06-11 | 1.71 |
| 2026-06-10 | 1.65 |
| 2026-06-09 | 1.64 |
| 2026-06-08 | 1.61 |
| 2026-06-05 | 1.60 |
| 2026-06-04 | 1.62 |
| 2026-06-03 | 1.62 |
| 2026-06-02 | 1.60 |
| 2026-06-01 | 1.60 |
| 2026-05-29 | 1.63 |
| 2026-05-28 | 1.61 |
| 2026-05-27 | 1.57 |
| 2026-05-26 | 1.56 |
| 2026-05-22 | 1.55 |
| 2026-05-21 | 1.56 |
| 2026-05-20 | 1.54 |
| 2026-05-19 | 1.51 |
| 2026-05-18 | 1.53 |
| 2026-05-15 | 1.55 |
| 2026-05-14 | 1.71 |
| 2026-05-13 | 1.72 |
| 2026-05-12 | 1.57 |
| 2026-05-11 | 1.40 |
| 2026-05-08 | 1.39 |
| 2026-05-07 | 1.40 |
| 2026-05-06 | 1.42 |
| 2026-05-05 | 1.49 |
| 2026-05-04 | 1.56 |
| 2026-05-01 | 1.55 |
| 2026-04-30 | 1.53 |
| 2026-04-29 | 1.55 |
| 2026-04-28 | 1.62 |
| 2026-04-27 | 1.61 |
| 2026-04-24 | 1.60 |
| 2026-04-23 | 1.62 |
| 2026-04-22 | 1.61 |
| 2026-04-21 | 1.71 |
| 2026-04-20 | 1.72 |
| 2026-04-17 | 1.71 |
| 2026-04-16 | 1.68 |
| 2026-04-15 | 1.70 |
| 2026-04-14 | 1.66 |
| 2026-04-13 | 1.58 |
| 2026-04-10 | 1.54 |
| 2026-04-09 | 1.61 |
| 2026-04-08 | 1.57 |
| 2026-04-07 | 1.52 |
| 2026-04-06 | 1.45 |
| 2026-04-02 | 1.46 |
| 2026-04-01 | 1.45 |
| 2026-03-31 | 1.43 |
| 2026-03-30 | 1.36 |
| 2026-03-27 | 1.36 |
| 2026-03-26 | 1.39 |
| 2026-03-25 | 1.39 |
| 2026-03-24 | 1.38 |
| 2026-03-23 | 1.40 |
| 2026-03-20 | 1.37 |
| 2026-03-19 | 1.38 |
| 2026-03-18 | 1.35 |
| 2026-03-17 | 1.40 |
| 2026-03-16 | 1.40 |
| 2026-03-13 | 1.37 |
| 2026-03-12 | 1.41 |
| 2026-03-11 | 1.44 |
| 2026-03-10 | 1.50 |
| 2026-03-09 | 1.48 |
| 2026-03-06 | 1.53 |
| 2026-03-05 | 1.56 |
| 2026-03-04 | 1.57 |
| 2026-03-03 | 5.35 |
| 2026-03-02 | 5.61 |
| 2026-02-27 | 5.63 |
| 2026-02-26 | 5.79 |
| 2026-02-25 | 5.61 |
| 2026-02-24 | 5.59 |
| 2026-02-23 | 5.55 |
| 2026-02-20 | 5.75 |
| 2026-02-19 | 5.94 |
| 2026-02-18 | 5.79 |
| 2026-02-17 | 5.76 |
| 2026-02-13 | 5.56 |
| 2026-02-12 | 5.55 |
| 2026-02-11 | 5.66 |
| 2026-02-10 | 5.61 |
| 2026-02-09 | 5.58 |
| 2026-02-06 | 5.53 |
| 2026-02-05 | 5.38 |
| 2026-02-04 | 5.66 |
| 2026-02-03 | 5.87 |
| 2026-02-02 | 5.84 |
| 2026-01-30 | 5.65 |
| 2026-01-29 | 5.70 |
| 2026-01-28 | 5.71 |
| 2026-01-27 | 6.04 |
| 2026-01-26 | 6.00 |
| 2026-01-23 | 5.99 |
| 2026-01-22 | 6.15 |
| 2026-01-21 | 6.10 |
| 2026-01-20 | 5.89 |
| 2026-01-16 | 6.07 |
| 2026-01-15 | 6.12 |
| 2026-01-14 | 6.34 |
| 2026-01-13 | 6.15 |
| 2026-01-12 | 6.48 |
| 2026-01-09 | 6.62 |
| 2026-01-08 | 7.21 |
| 2026-01-07 | 7.62 |
| 2026-01-06 | 7.01 |
| 2026-01-05 | 6.68 |
| 2026-01-02 | 6.78 |
| 2025-12-31 | 6.94 |
| 2025-12-30 | 6.94 |
| 2025-12-29 | 6.98 |
| 2025-12-26 | 7.13 |
| 2025-12-24 | 7.24 |
| 2025-12-23 | 7.12 |
| 2025-12-22 | 7.16 |
| 2025-12-19 | 6.74 |
| 2025-12-18 | 6.77 |
| 2025-12-17 | 6.80 |
| 2025-12-16 | 6.81 |
| 2025-12-15 | 6.88 |
| 2025-12-12 | 6.61 |
| 2025-12-11 | 6.82 |
| 2025-12-10 | 6.68 |
| 2025-12-09 | 6.86 |
| 2025-12-08 | 7.03 |
| 2025-12-05 | 7.93 |
| 2025-12-04 | 7.68 |
| 2025-12-03 | 7.65 |
| 2025-12-02 | 7.20 |
| 2025-12-01 | 7.66 |
| 2025-11-28 | 8.18 |
| 2025-11-26 | 8.26 |
| 2025-11-25 | 8.03 |
| 2025-11-24 | 8.07 |
| 2025-11-21 | 7.49 |
| 2025-11-20 | 7.11 |
| 2025-11-19 | 6.76 |
| 2025-11-18 | 7.49 |
| 2025-11-17 | 6.89 |
| 2025-11-14 | 6.80 |
| 2025-11-13 | 6.46 |
| 2025-11-12 | 6.47 |
| 2025-11-11 | 6.15 |
| 2025-11-10 | 5.60 |
| 2025-11-07 | 5.70 |
| 2025-11-06 | 5.85 |
| 2025-11-05 | 6.13 |
| 2025-11-04 | 5.25 |
| 2025-11-03 | 5.67 |
| 2025-10-31 | 5.84 |
| 2025-10-30 | 5.84 |
| 2025-10-29 | 5.43 |
| 2025-10-28 | 5.49 |
| 2025-10-27 | 5.47 |
| 2025-10-24 | 5.54 |
| 2025-10-23 | 5.43 |
| 2025-10-22 | 5.67 |
| 2025-10-21 | 5.60 |
| 2025-10-20 | 5.45 |
| 2025-10-17 | 5.16 |
| 2025-10-16 | 5.20 |
| 2025-10-15 | 5.20 |
| 2025-10-14 | 5.06 |
| 2025-10-13 | 4.96 |
| 2025-10-10 | 5.21 |
| 2025-10-09 | 5.25 |
| 2025-10-08 | 5.32 |
| 2025-10-07 | 5.45 |
| 2025-10-06 | 5.34 |
| 2025-10-03 | 5.28 |
| 2025-10-02 | 5.20 |
| 2025-10-01 | 5.21 |
| 2025-09-30 | 5.24 |
| 2025-09-29 | 5.31 |
| 2025-09-26 | 5.29 |
| 2025-09-25 | 5.30 |
| 2025-09-24 | 5.60 |
| 2025-09-23 | 6.29 |
Showing the most recent 260 of 664 data points. The chart above shows the full history.