27 years of historical data (1999–2025) · Healthcare · Biotechnology
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Rigel Pharmaceuticals, Inc. trades at 1.7x earnings, 82% below its 5-year average of 9.6x, sitting at the 0th percentile of its historical range. Compared to the Healthcare sector median P/E of 22.1x, the stock trades at a discount of 92%. On a free-cash-flow basis, the stock trades at 8.0x P/FCF, 77% below the 5-year average of 35.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $609M | $807M | $297M | $252M | $259M | $452M | $591M | $358M | $369M | $490M | $225M |
| Enterprise Value | $622M | $820M | $301M | $280M | $276M | $463M | $599M | $372M | $293M | $452M | $210M |
| P/E Ratio → | 1.69 | 2.20 | 16.99 | — | — | — | — | — | — | — | — |
| P/S Ratio | 2.07 | 2.74 | 1.66 | 2.16 | 2.15 | 3.03 | 5.44 | 6.04 | 8.30 | 109.30 | 11.02 |
| P/B Ratio | 1.58 | 2.06 | 90.48 | — | — | 14.87 | 17.36 | 6.66 | 3.36 | 4.87 | 4.08 |
| P/FCF | 8.05 | 10.67 | 9.57 | — | — | 86.04 | — | — | — | — | — |
| P/OCF | 8.05 | 10.67 | 9.45 | — | — | 76.86 | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Rigel Pharmaceuticals, Inc.'s enterprise value stands at 4.9x EBITDA, 45% below its 5-year average of 8.9x. The Healthcare sector median is 14.2x, placing the stock at a 66% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.79 | 1.68 | 2.40 | 2.29 | 3.11 | 5.52 | 6.27 | 6.58 | 100.83 | 10.33 |
| EV / EBITDA | 4.86 | 6.41 | 11.38 | — | — | — | — | — | — | — | — |
| EV / EBIT | 4.95 | 6.53 | 11.44 | — | — | — | — | — | — | — | — |
| EV / FCF | — | 10.83 | 9.68 | — | — | 88.26 | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Rigel Pharmaceuticals, Inc. earns an operating margin of 42.6%. Operating margins have expanded from -17.5% to 42.6% over the past 3 years, signaling improving operational efficiency. Return on equity of 185.9% is exceptionally high, though this is partly amplified by negative book value driven by aggressive share buybacks. ROIC of 45.8% represents excellent returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 93.3% | 93.3% | 89.6% | 93.9% | 98.5% | 99.3% | 99.2% | 98.5% | 99.4% | -931.9% | -211.3% |
| Operating Margin | 42.6% | 42.6% | 13.5% | -17.5% | -46.2% | -8.4% | -26.7% | -116.5% | -163.3% | -1775.6% | -342.2% |
| Net Profit Margin | 124.7% | 124.7% | 9.8% | -21.5% | -48.7% | -12.0% | -27.4% | -112.2% | -158.3% | -1739.3% | -339.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 185.9% | 185.9% | 531.8% | — | -699.0% | -55.6% | -67.7% | -81.3% | -67.0% | -100.2% | -94.6% |
| ROA | 108.3% | 108.3% | 12.4% | -20.0% | -38.8% | -12.9% | -23.1% | -46.4% | -54.6% | -79.1% | -66.0% |
| ROIC | 45.8% | 45.8% | 641.6% | -1170.0% | -183.0% | -22.1% | -39.4% | -102.4% | -113.3% | -115.4% | -109.8% |
| ROCE | 48.7% | 48.7% | 29.4% | -30.8% | -64.3% | -14.4% | -36.5% | -68.8% | -68.5% | -101.9% | -90.9% |
Solvency and debt-coverage ratios — lower is generally safer
Rigel Pharmaceuticals, Inc. carries a Debt/EBITDA ratio of 0.4x, which is very conservative (87% below the sector average of 3.2x). Net debt stands at $13M ($53M total debt minus $41M cash). Interest coverage of 17.1x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.14 | 0.14 | 18.24 | — | — | 1.01 | 1.15 | 0.67 | — | 0.00 | 0.06 |
| Debt / EBITDA | 0.42 | 0.42 | 2.27 | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 0.03 | 0.98 | — | — | 0.38 | 0.26 | 0.26 | -0.69 | -0.38 | -0.26 |
| Net Debt / EBITDA | 0.10 | 0.10 | 0.12 | — | — | — | — | — | — | — | — |
| Debt / FCF | — | 0.17 | 0.10 | — | — | 2.22 | — | — | — | — | — |
| Interest Coverage | 17.14 | 17.14 | 3.32 | -2.65 | -14.80 | -2.56 | -20.98 | -198.68 | — | — | — |
Short-term solvency ratios and asset-utilisation metrics
Rigel Pharmaceuticals, Inc.'s current ratio of 2.42x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 1.86x to 2.42x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.42 | 2.42 | 2.13 | 1.86 | 1.78 | 2.43 | 2.18 | 2.04 | 4.94 | 6.40 | 3.37 |
| Quick Ratio | 2.30 | 2.30 | 2.04 | 1.76 | 1.64 | 2.33 | 2.14 | 2.02 | 4.91 | 6.40 | 3.37 |
| Cash Ratio | 1.56 | 1.56 | 1.22 | 1.07 | 0.89 | 1.97 | 1.40 | 1.68 | 4.63 | 6.31 | 3.31 |
| Asset Turnover | — | 0.57 | 1.09 | 1.00 | 0.90 | 0.89 | 0.98 | 0.40 | 0.32 | 0.04 | 0.26 |
| Inventory Turnover | 1.71 | 1.71 | 3.11 | 1.29 | 0.19 | 0.16 | 0.55 | 0.67 | 0.32 | — | — |
| Days Sales Outstanding | — | 64.20 | 84.73 | 95.40 | 122.39 | 37.84 | 53.67 | 62.25 | 33.43 | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Rigel Pharmaceuticals, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 59.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 59.2% | 45.5% | 5.9% | — | — | — | — | — | — | — | — |
| FCF Yield | 12.4% | 9.4% | 10.4% | — | — | 1.2% | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 3.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 3.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $19M | $18M | $17M | $17M | $17M | $17M | $17M | $16M | $13M | $9M |
Compare RIGL with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $609M | 1.7 | 4.9 | 8.0 | 93.3% | 42.6% | 185.9% | 45.8% | 0.4 | |
| $468M | -2.0 | — | — | 61.8% | -1905.8% | -63.6% | -2099.8% | — | |
| $5B | -164.8 | 114.9 | 152.4 | 87.3% | 5.4% | -11.6% | 5.3% | 11.5 | |
| $3B | -4.7 | — | — | 83.8% | -79.5% | -607.5% | -89.4% | — | |
| $8B | 26.8 | 11.2 | 12.6 | 78.1% | 58.4% | 153.6% | 32.1% | 2.4 | |
| $7B | 10.2 | 6.8 | 9.3 | 95.9% | 49.5% | — | — | 0.5 | |
| $4B | 9.4 | 25.7 | 35.2 | 91.7% | 9.8% | 39.9% | 10.0% | 0.4 | |
| $7B | -12.8 | — | — | — | — | -64.8% | — | — | |
| $3B | -201.6 | — | — | 90.2% | -3.3% | -9.3% | -5.2% | — | |
| $463M | -1.7 | — | — | — | — | -127.0% | -429.6% | — | |
| $7B | -24.5 | — | — | 100.0% | -891.3% | -25.8% | -24.9% | — | |
| Healthcare Median | — | 22.1 | 14.2 | 18.5 | 63.9% | -4.3% | -32.6% | -11.6% | 3.2 |
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Includes 30+ ratios · 27 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying RIGL stock.
Rigel Pharmaceuticals, Inc.'s current P/E ratio is 1.7x. The historical average is 41.3x.
Rigel Pharmaceuticals, Inc.'s current EV/EBITDA is 4.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.9x.
Rigel Pharmaceuticals, Inc.'s return on equity (ROE) is 185.9%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -62.9%.
Based on historical data, Rigel Pharmaceuticals, Inc. is trading at a P/E of 1.7x. Compare with industry peers and growth rates for a complete picture.
Rigel Pharmaceuticals, Inc. has 93.3% gross margin and 42.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Rigel Pharmaceuticals, Inc.'s Debt/EBITDA ratio is 0.4x, indicating low leverage. A ratio below 2x is generally considered financially healthy.