P/E Ratio
Updated 102h ago
Sector Performance
22th percentileINCY
15.7x
Sector Median
24.7x
Sector Avg
36.0x
Deep Analysis
The P/E ratio of 15.7x means investors are paying $15.70 for every $1 of the company's past-year earnings—a commonly used gauge of how expensive or cheap a stock is relative to its profit.
Against its sector peers, the stock trades well below the sector median of 24.5x, placing it in the 23rd percentile, meaning 77% of peers have higher P/E ratios. The year-over-year change is not available, but quarter-over-quarter the P/E rose 16.4% from 13.4x to 15.7x, signaling recent upward movement in valuation. The current level is low compared to the sector, which can suggest relative value, but the quarter-on-quarter increase indicates that value is narrowing—a mixed signal. This combination of a below-median level with a rising trend implies moderate opportunity if earnings hold, but also increased risk if the upward momentum overshoots fundamentals. The metric supports the overall NEUTRAL verdict because the valuation is neither cheap enough to be a clear bargain nor expensive enough to be a clear overvaluation, aligning with a neutral stance.
Frequently Asked Questions
What does the P/E Ratio tell investors about INCY?
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 INCY's closest peers by P/E Ratio?
The closest peers by P/E Ratio include: VICI (9.1x), OMF (9.0x), JACK (8.5x), GIS (8.4x), FIS (8.4x).
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.
Master INCY's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full INCY research report →INCY
15.7x
Sector Median
24.7x
Sector Avg
36.0x
How INCY's P/E Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.