Summit Therapeutics Inc. (SMMT) P/E Ratio History
Deep ValueTrading at -9.5x · 0th percentile of 5-year range · Significant discount to historical valuation · Data 2018–2019
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P/E Ratio Analysis
As of June 22, 2026, Summit Therapeutics Inc. (SMMT) trades at a price-to-earnings ratio of -9.5x, with a stock price of $13.75 and trailing twelve-month earnings per share of $-1.36.
The current P/E is 140% below its 5-year average of 23.6x. Over the past five years, SMMT's P/E has ranged from a low of 10.1x to a high of 56.7x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Healthcare sector median P/E of 22.1x, SMMT trades at a 143% discount to its sector peers. The sector includes 234 companies with P/E ratios ranging from 0.0x to 197.0x.
Relative to the broader market, SMMT trades at a notable discount to the S&P 500 median P/E of 24.4x. 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 SMMT 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.
SMMT Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
SMMT P/E vs Peers
Vaccines and Infectious Disease peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $10B | 50.9 | - | +128%Best | |
| $13B | 18.7Lowest | 0.36Best | +58% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
SMMT Historical P/E Data (2018–2019)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2019 Q1 | - | $1.77 | $0.18 | 10.1x | -57% |
| FY2018 Q4 | - | $1.33 | $0.11 | 12.1x | -49% |
| FY2018 Q3 | Oct 31 2018 | $1.70 | $0.03 | 56.7x | +140% |
| FY2018 Q2 | - | $2.30 | $0.15 | 15.7x | -34% |
Average P/E for displayed period: 23.6x
Full Stock Analysis
Deep dive into SMMT consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
8+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
SMMT — Frequently Asked Questions
Quick answers to the most common questions about buying SMMT stock.
What is SMMT's P/E ratio?
Summit Therapeutics Inc. (SMMT) trailing twelve-month P/E ratio is -9.5x, based on TTM diluted EPS of $-1.36. The 5-year average P/E is 23.6x and the historical range spans 10.1x to 56.7x.
Is SMMT stock overvalued or undervalued?
SMMT trades at -9.5x P/E, below its 5-year average of 23.6x. At the 0th percentile of its historical range (10.1x–56.7x), the stock is priced at a discount to its own history.
Is SMMT stock expensive?
No, SMMT is not expensive on a historical basis. The current P/E of -9.5x is below the 5-year average of 23.6x and sits at the 0th percentile of its valuation range.
What is SMMT's historical P/E range?
Over the past 5 years, SMMT's P/E ratio has ranged from 10.1x to 56.7x, with a median of 15.7x and an average of 23.6x. The current P/E of -9.5x places the stock at the 0th percentile of this range. Full historical data spans 2018–2019.
How does SMMT's P/E compare to the S&P 500?
SMMT trades at -9.5x P/E versus the S&P 500 median of 24.4x. The 139% discount to the market suggests lower growth expectations or perceived higher risk.
How does SMMT's valuation compare to Healthcare peers?
Summit Therapeutics Inc. P/E of -9.5x compares to the Healthcare sector median of 22.1x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is SMMT's PEG ratio?
SMMT PEG ratio is N/A, based on a P/E of -9.5x and EPS growth of -476.0%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is SMMT's earnings yield?
SMMT earnings yield is N/A, the inverse of its -9.5x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.