Rigel Pharmaceuticals, Inc. (RIGL)
NASDAQHealth CareBiotechnologySnapshot 2026-09-04
NASDAQHealth CareBiotechnologySnapshot 2026-09-04
QuarterlyIQ Insights · RIGL
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 6 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $49 RIGL trades at 12× p/e, below its 22× p/e peer median. Our $82 fair value sits well above the price. We hold it with medium confidence: the peer anchor overstates how cheap it looks and quality doesn't explain valuation multiples in this sub-industry, so the peer comparison is a weak guide. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| Peer EV/EBITDA | 12M | $15.40 | 15.9 | 0.77 | TTM | high |
| Peer P/FCF | 12M | $87.54 | 21.6 | 4.06 | TTM | high |
| Peer P/E | 12M | $76.25 | 18.1 | 4.21 | ntm analyst | high |
| Peer P/S | 12M | $160.98 | 11.4 | 14.14 | TTM | high |
| PEG | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 10% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Only weak execution quality — not the full expensive x weak x turbulent stack. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
At today's price you pay about 129% over what the business is worth with no growth; closing that gap needs roughly 4.8 years of the forecast growth to come through. These describe the expectations embedded in the price, not a forecast of the move. Reverse-DCF base: $1.52/sh owner earnings.
Looks cheaper than most peers in the same business.
Self-history needs ~20 months of data.
Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $46.60 |
| 11.9 |
| 3.90 |
| TTM |
| high |
| triangulated | 12M | $93.26 | 22.0 | 4.24 | Triangulated | high |
| Peer P/E | 3Y | $79.43 | 18.1 | 4.38 | Analyst | medium |
| Peer P/S | 3Y | $224.73 | 11.4 | 19.74 | guidance | medium |
| PEG | 3Y | $67.13 | 11.9 | 5.62 | Analyst | medium |
| Peer P/E | 5Y | $82.74 | 18.1 | 4.57 | Analyst | medium |
| Peer P/S | 5Y | $234.11 | 11.4 | 20.57 | guidance | medium |
| PEG | 5Y | $85.63 | 11.9 | 7.17 | Analyst | medium |