INCYIncyte

$128.15

Is the price fair?

What INCY's price assumes

Incyte trades at 18.1× earnings against 32.4× for the median Biotechnology name, cheaper than its own group.

18.1

Trailing P/E · Biotechnology median 32.4 · cheaper than the typical name in its group

Price / sales
3.63

Price / sales · as of 2026-Q1

Price / book
3.46

Price / book · as of 2026-Q1

Details
Price / book2026-Q1
3.46
Healthcare median P/E362 names
31.5
Biotechnology median P/E158 names
32.4
Market capitalisation
$19.6B
INCY has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 14.7× today against a 34.6× median
52-week range$78.20 – $129.88
Today$128.15

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