ILMN P/E Ratio Analysis
Updated 489h ago·SEC filings & market data
Key Takeaway
The current P/E ratio of 32.5x means investors are paying $32.50 for every $1 of the company's annual earnings — a measure of how expensive the stock is relative to its profitability.
Sector Performance
71th percentileILMN
32.5x
Sector Median
23.1x
Sector Avg
33.7x
Prior Period
31.8x(Jul 2026)
Deep Analysis
The current P/E ratio of 32.5x means investors are paying $32.50 for every $1 of the company's annual earnings — a measure of how expensive the stock is relative to its profitability.
Compared to sector peers, this is above the 23.2x sector median, placing ILMN in the 71st percentile of its peer group. The trend data shows no year-over-year change, but the quarter-over-quarter change is +2.2%, indicating a slight increase in valuation over the last quarter. With a level above the sector median and a recent upward move, the stock carries a premium that may raise risk if earnings growth slows, while also reflecting possible opportunity if growth expectations are met. This metric does not contradict the overall NEUTRAL verdict; the elevated but not extreme valuation, combined with the modest quarterly rise, supports a balanced outlook.
Frequently Asked Questions
What does the P/E Ratio tell investors about ILMN?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
Who are ILMN's closest peers by P/E Ratio?
The closest peers by P/E Ratio include: WELL (102.4x), IAC (104.9x), FORM (108.1x), MCHP (113.5x), MTSI (118.9x).
Learn More About P/E Ratio
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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32.5x
Sector Median
23.1x
Sector Avg
33.7x
How ILMN's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.