Intrinsiqs

Is Amgen Inc. overvalued?

Amgen Inc. (AMGN) looks overvalued — trading about 10% above its fair value.

Overvalued
Current price $358.33 Fair value $321.03
Price
$358.33
Fair value
$321.03
Current P/E
25.2
Normal P/E
22.6
Market cap
$193.39B
Dividend yield
2.9%
Return on equity
89.1%
Sector
Healthcare

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Fair value compares AMGN's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 28 Jun 2026.