The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.
Price target range & 52-week position
Bear$47.82Fair value$99.51Bull$183.90
FairClose
52-week traded range
52W low $165.4152W high $322.61
The 52-week range is measured from the stored price history, not estimated.
Valuation summary
Trading above the consensus fair value
Ligand Pharmaceuticals, Inc. closed at $284.47, 185.9% above the consensus fair value of $99.51 drawn from 8 valuation models.
Financial DNA score 56/100 — Good. P/E of 46.4x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
All valuation models
DCF Valuation
$47.82
-83.2%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
$78.18
-72.5%
√(22.5 × EPS × BVPS)
EPS=6.13, BVPS=44.31 · outside Graham range (P/E 46.4, P/B 6.4) — asset-light, treat as a rough floor
P/E Fair Value
$122.60
-56.9%
EPS × 20x (sector P/E)
EPS=6.13, Sector P/E=20x
Peter Lynch (PEG)
$183.90
-35.4%
EPS × Growth% (PEG = 1 is fair)
EPS=6.13, g=30%
EV/EBITDA
$66.30
-76.7%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=74.78M
Book Value (P/B)
$75.99
-73.3%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=44.31, ROE=12.9%, g=6%, r=10%
Reverse DCF
$284.47
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 18.5% | Historical: 40%
Margin of Safety
$62.15
-78.2%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=82.87, MoS=25%
Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.
Educational data only. Not a recommendation to buy, sell or hold any security.