Is Incyte Corporation (INCY) Undervalued?
Based on the current stock price of $100.11 and a P/E ratio of 16.97,Incyte Corporation has a PEG ratio of 0.03.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 0.03, INCY appears to be potentially undervalued relative to its growth rate of 523.31%.
Based on a PEG ratio of 0.03 (adjusted for dividends).
Compare INCY vs Competitors
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How we analyzed INCY
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 16.97and dividing it by the annual growth rate of 523.31%.
PEG = 16.97 (P/E) ÷ 523.31 (Growth) = 0.03
Frequently Asked Questions about INCY
What is the current PEG Ratio for Incyte Corporation (INCY)?+
The current PEG Ratio for Incyte Corporation is 0.03. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is INCY stock undervalued right now?+
Based on the PEG ratio of 0.03, Incyte Corporation appears to be potentially undervalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for INCY?+
The PEGY ratio for Incyte Corporation is 0.03. This metric accounts for dividend yield (0.00%), providing a more complete valuation picture.