LGNDLigand Pharmaceuticals Incorporated

$288.87

Is the price fair?

What LGND's price assumes

Ligand Pharmaceuticals Incorporated trades at 30.7× earnings against 31.5× for the median Biotechnology name, cheaper than its own group.

30.7

Trailing P/E · Biotechnology median 31.5 · cheaper than the typical name in its group

Price / sales
14.5

Price / sales · as of 2026-Q1

Free cash flow yield
2.2%

Free cash flow yield · Biotechnology median 2.4%

Growth the price implies
+16%

Growth the price implies · The price pays for +16% free cash flow growth a year for a decade; the business has delivered +10% a year over the last three.

Details
Price / book2026-Q1
3.98
Healthcare median P/E362 names
29.9
Biotechnology median P/E158 names
31.5
Free cash flow, trailing twelve months
$131M
Market capitalisation
$5.93B
3-year revenue growth
+17%
3-year free cash flow growth
+10%
What the market has paid for these earnings: 12 quarters of its own multiple × $9.41 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$200.52
Its own P/E history, median$276.80
Its own P/E history, upper quartile$320.36
52-week range$154.07 – $316.44
Today$288.87

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.