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Amgen Inc. AMGN NASDAQ

NASDAQ Global Select • Healthcare • Drug Manufacturers - General • US • USD

SharesGrow Score
64/100
4/7 Pass
SharesGrow Intrinsic Value
$457.46
+30.3%
Analyst Price Target
$347.73
-0.9%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

Amgen Inc. (AMGN) trades at a trailing P/E of 24.5, forward P/E of 15.7. Trailing earnings yield is 4.07%, forward earnings yield 6.39%. PEG 0.28 (Peter Lynch undervalued ≤1.0). Graham Number is $71.91.

Criteria proven by this page:

  • VALUE (33/100, Fail) — the composite valuation score falls below the 60/100 threshold required to pass.
  • Forward P/E 15.7 (down from trailing 24.5) — analysts expect earnings to grow, which would improve the valuation.
  • PEG Ratio 0.28 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
  • Trailing Earnings Yield 4.07% — roughly competitive with bond yields (~4.3%), moderate risk-reward. Forward yield improves to 6.39% as earnings recover.
  • Analyst consensus target $347.73 (-0.9% downside) — slight downside risk — the market may be ahead of analyst expectations.

Overall SharesGrow Score: 64/100 with 4/7 criteria passed.

SharesGrow 7-Criteria Score
64/100
SG Score
View full scorecard →
VALUE
33/100
Price-to-Earnings & upside
Proven by this page
FUTURE
38/100
Analyst consensus
→ Forecast
PAST
100/100
→ Income
HEALTH
33/100
Debt-to-Equity & liquidity
→ Health
MOAT
81/100
→ Income
GROWTH
80/100
→ Income
INCOME
85/100
→ Income

Valuation Snapshot — AMGN

Valuation Multiples
P/E (TTM)24.5
Forward P/E15.7
PEG Ratio0.28
Forward PEG0.27
P/B Ratio21.86
P/S Ratio5.15
EV/EBITDA12.6
Per Share Data
EPS (TTM)$14.31
Forward EPS (Est.)$22.41
Book Value / Share$16.06
Revenue / Share$68.22
FCF / Share$15.03
Yields & Fair Value
Earnings Yield4.07%
Forward Earnings Yield6.39%
Dividend Yield2.75%
Graham Number$71.91
SharesGrow IV$457.46 (+30.3%)
Analyst Target$347.73 (-0.9%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 14.2 1.11 3.66 4.76 2.74%
2017 64.2 -0.87 5.04 5.56 2.65%
2018 15.3 0.04 10.29 5.42 2.73%
2019 18.6 9.08 15.08 6.24 2.41%
2020 18.5 -4.29 14.32 5.30 2.79%
2021 21.8 -1.31 19.14 4.94 3.13%
2022 21.6 1.21 38.60 5.37 2.97%
2023 22.9 7.35 24.73 5.47 2.96%
2024 34.5 -0.88 23.99 4.22 3.43%
2025 22.8 0.26 20.34 4.79 2.91%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $10.24 $22.99B $7.72B 33.6%
2017 $2.69 $22.85B $1.98B 8.7%
2018 $12.62 $23.75B $8.39B 35.3%
2019 $12.88 $23.36B $7.84B 33.6%
2020 $12.31 $25.42B $7.26B 28.6%
2021 $10.28 $25.98B $5.89B 22.7%
2022 $12.11 $26.32B $6.55B 24.9%
2023 $12.49 $28.19B $6.72B 23.8%
2024 $7.56 $33.42B $4.09B 12.2%
2025 $14.23 $36.74B $7.71B 21%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $22.41 $20.70 – $23.57 $37.84B $37.46B – $38.67B 21
2027 $23.35 $21.45 – $24.83 $38.87B $37.31B – $40.09B 19
2028 $24.22 $18.95 – $32.36 $39.77B $39.77B – $39.77B 10
2029 $25.50 $24.60 – $26.91 $41.4B $40.28B – $43.17B 4
2030 $27.55 $26.58 – $29.08 $42.75B $41.59B – $44.58B 4
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