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RCUS logoArcus Biosciences, Inc. (RCUS) P/E Ratio History

Historical price-to-earnings valuation from 2021 to 2022

Current P/E
-7.9
Undervalued
5Y Avg P/E
52.9
-115% vs avg
PE Percentile
0%
Low
PEG Ratio
N/A
N/A
TTM EPS$-2.94
Price$26.06
5Y PE Range25.9 - 94.1
Earnings YieldN/A

Loading P/E history...

RCUS Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
-7.9vs52.9
-115%
Cheap vs History
vs. Healthcare
-7.9vs22.2
-136%
Below Sector
vs. S&P 500
-7.9vs25.1
-132%
Below Market
PEG Analysis
N/A
P/E ÷ EPS Growth
Based on -5% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 6, 2026, Arcus Biosciences, Inc. (RCUS) trades at a price-to-earnings ratio of -7.9x, with a stock price of $26.06 and trailing twelve-month earnings per share of $-2.94.

The current P/E is 115% below its 5-year average of 52.9x. Over the past five years, RCUS's P/E has ranged from a low of 25.9x to a high of 94.1x, placing the current valuation at the 0th percentile of its historical range.

Compared to the Healthcare sector median P/E of 22.2x, RCUS trades at a 136% discount to its sector peers. The sector includes 241 companies with P/E ratios ranging from 0.0x to 171.0x.

Relative to the broader market, RCUS trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our RCUS DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

RCUS P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
EXEL logoEXELExelixis, Inc.
$11B16.00.31Best+58%
HALO logoHALOHalozyme Therapeutics, Inc.
$8B25.71.12-25%
TGTX logoTGTXTG Therapeutics, Inc.
$6B240.7-+76%
INCY logoINCYIncyte Corporation
$19B15.2Lowest-+4173%Best

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

RCUS Historical P/E Data (2021–2022)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2022 Q3Fri Sep 30 2022 00:00:00 GM$26.16$1.0125.9x-51%
FY2022 Q2$25.34$0.7434.2x-35%
FY2022 Q1$31.56$0.5557.4x+8%
FY2021 Q4Fri Dec 31 2021 00:00:00 GM$40.47$0.4394.1x+78%

Average P/E for displayed period: 52.9x

See RCUS's True Return

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Is RCUS Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare RCUS vs DBVT

Side-by-side business, growth, and profitability comparison vs DBV Technologies S.A..

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RCUS — Frequently Asked Questions

Quick answers to the most common questions about buying RCUS stock.

Is RCUS stock overvalued or undervalued?

RCUS trades at -7.9x P/E, below its 5-year average of 52.9x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.

How does RCUS's valuation compare to peers?

Arcus Biosciences, Inc. P/E of -7.9x compares to sector median of 22.2x. The discount suggests lower growth expectations or higher risk.

What is RCUS's PEG ratio?

RCUS PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2021-2022.

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RCUS P/E Ratio History (2021–2022)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.