Incyte Corporation (INCY) Shares in figures
Incyte Corporation (INCY) receives a solid valuation ranking of 88 from Investors Observer data analysis. The proprietary ranking system focuses on the underlying health of a business by analyzing its stock price, earnings, and rate of growth. INCY is worth better than 88% of stocks based on these valuation analyzes. Investors primarily focused on buy and hold strategies will find the valuation ranking relevant to their goals when making investment decisions.
INCY’s 12-month price-to-earnings (PE) ratio of 43.8 puts it above the historical average of around 15. INCY is a poor value at its current trading price, as investors pay more than its value in relation to the company’s profits. . INCY’s last 12 month earnings per share (EPS) of 1.53 does not justify what it is currently trading in the market. Tracking PE ratios, however, do not take into account a company’s projected growth rate, resulting in some companies having high PE ratios due to high growth potentially attractive to investors even though current earnings are weak. INCY has a 12 Month PE Forward Growth Ratio (PEG) of 0.81. The markets are overvaluing INCY relative to its projected growth, as its PEG ratio is currently above fair market value of 1. The PEG of 1.52999997 comes from the fact that its forward price / earnings ratio is divided by its growth rate. . PEG ratios are one of the most used valuation metrics due to the incorporation of more fundamental business metrics and the focus on the future of the business rather than its past.
Overall, these valuation measures paint a fairly adequate picture for INCY at its current price due to a fairly valued PEG ratio despite strong growth. The PE and PEG for INCY are around the market average, resulting in a valuation score of 88. Click here for the full Incyte Corporation (INCY) share report.