argenx SEARGX

Where ARGX's P/E ratio sits inside its own 10-year distribution, with the yearly high, low and average.

$1,053.46-1.91 (-0.18%)Previous close
NASDAQHealthcare

ARGX P/E ratio: current value, 10-year range and year-by-year history

29.9Historically pricey

ARGX's p/e ratio is higher than 82% of the last 10 years.

P/E ratio History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
ARGX P/E ratio historyARGX P/E ratio from Sep 2023 to Sep 2026: low -202.64, high 282.25, latest 29.94.-241.44-100.8239.8180.42321.04Sep 23Apr 24Nov 24Jun 25Jan 26Sep 26med 28.3

ARGX P/E ratio by year

Yearly range of ARGX’s p/e ratio from 2017 to 2026. Over the full period it ranged from -202.6 to 282.2, averaging -17.4.

ARGX P/E ratio — yearly low, average, high and year-end values
YearLowAverageHighYear-end
202623.630.736.929.9
202534.0116.7282.234.0
2024-202.6-98.3258.4258.4
2023-71.0-35.2-17.2-53.4
2022-22.6-18.4-15.4-18.7
2021-31.7-25.3-19.5-21.1
2020-43.6-29.5-20.4-22.3
2019-53.2-43.2-30.1-30.1
2018-50.1-40.1-27.4-36.1
2017-32.1-12.9-9.8-31.9

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How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.

FormulaPrice / Earnings Per Share
Full guide
How to read this chart

The chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.

Key caveats
  • Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
  • A falling P/E trend may signal a business in structural decline, not a buying opportunity.

Is ARGX P/E ratio High or Low Right Now?

argenx SE's P/E ratio is currently 29.9, which is historically pricey relative to its 10-year historical range. The 10-year median P/E ratio for ARGX is approximately -26.3. See all ARGX valuation metrics →

Pro — up to 30-year history

Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.