ILMN PE Ratio 2026
Illumina Inc Price to Earnings Analysis
Current P/E Ratio
24.67
Stock Price
$134.46
EPS (TTM)
$5.45
Valuation
Overvalued
PE Ratio Breakdown
Trailing P/E (TTM)
24.67
Based on last 12 months earnings
Health Care Industry Avg
20.00
ILMN is 23% above industry
PEG Ratio
28.56
Potentially overvalued
What Does ILMN P/E Ratio Mean?
Current Valuation
At a P/E ratio of 24.67, investors are paying $24.67 for every $1 of ILMN's annual earnings. This moderate P/E is typical for established companies with steady earnings.
Industry Comparison
Compared to the Health Care industry average P/E of 20, ILMN is trading at a premium. This could be justified by superior growth, profitability, or competitive position.
PE Ratio Calculator
How P/E ratio changes with different stock prices:
At $107.57
P/E: 19.74
20% lower
At $121.01
P/E: 22.20
10% lower
At $147.91
P/E: 27.14
10% higher
At $161.35
P/E: 29.61
20% higher
Get Complete ILMN Valuation Analysis
DCF model, comparable companies, and AI-powered insights
Frequently Asked Questions
What is ILMN PE ratio?
ILMN (Illumina Inc) has a price-to-earnings (P/E) ratio of 24.67. This means investors are paying $24.67 for every $1 of ILMN's annual earnings. The P/E ratio is a key valuation metric used to assess whether a stock is overvalued or undervalued relative to its earnings.
What is a good PE ratio?
A "good" P/E ratio depends on the industry and growth prospects. Generally, a P/E ratio between 15-25 is considered reasonable for mature companies. Growth stocks often trade at higher P/E ratios (30-50+) due to expected future earnings growth. Value stocks typically have lower P/E ratios (below 15). Compare ILMN's P/E of 24.67 to its industry average and historical range.
Is ILMN overvalued based on PE ratio?
ILMN's P/E ratio of 24.67 is above the Health Care industry average of approximately 20. This suggests the stock may be trading at a premium, though high P/E ratios can be justified by strong growth prospects.
What is the difference between forward and trailing PE ratio?
The trailing P/E ratio uses earnings from the past 12 months (historical data), while the forward P/E ratio uses projected earnings for the next 12 months (future estimates). ILMN's trailing P/E is 24.67. Forward P/E is often more useful for growth companies as it reflects expected future performance.
How do you calculate PE ratio?
P/E ratio is calculated by dividing the stock price by earnings per share (EPS). Formula: P/E = Stock Price / EPS. For ILMN, with a current price of $134.46 and EPS of $5.45, the P/E ratio is 24.67. A higher P/E means investors pay more per dollar of earnings.
What is PEG ratio and how does it relate to PE?
The PEG (Price/Earnings to Growth) ratio adjusts the P/E ratio for earnings growth. It's calculated as P/E / Earnings Growth Rate. ILMN's PEG ratio is approximately 28.56. A PEG below 1.0 suggests the stock may be undervalued relative to its growth rate, while above 2.0 may indicate overvaluation.