Is Amgen Inc. (AMGN) Undervalued?
Based on the current stock price of $332.93 and a P/E ratio of 25.77,Amgen Inc. has a PEG ratio of 3.64.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 3.64, AMGN appears to be potentially overvalued relative to its growth rate of 7.08%.
Based on a PEG ratio of 2.58 (adjusted for dividends).
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How we analyzed AMGN
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 25.77and dividing it by the annual growth rate of 7.08%.
PEG = 25.77 (P/E) ÷ 7.08 (Growth) = 3.64
Frequently Asked Questions about AMGN
What is the current PEG Ratio for Amgen Inc. (AMGN)?+
The current PEG Ratio for Amgen Inc. is 3.64. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is AMGN stock undervalued right now?+
Based on the PEG ratio of 3.64, Amgen Inc. appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for AMGN?+
The PEGY ratio for Amgen Inc. is 2.58. This metric accounts for dividend yield (2.90%), providing a more complete valuation picture.