当前价格
$1210.38
市盈率(TTM)
42.9x
内在价值
$1,485.34
安全边际 +18.5%
竞争护城河
↑专利壁垒
公司拥有强大的研发能力,能够持续推出具有专利保护的新药。这些专利为公司带来了独家销售权,有效阻止了竞争对手的模仿和进入。
↑品牌与声誉
Eli Lilly在制药行业拥有悠久的品牌历史和良好的声誉。这有助于其新药的推广和患者的信任,形成一定的品牌忠诚度。
↑研发管线优势
公司拥有丰富且具有前景的研发管线,涵盖多个治疗领域。这为未来的增长提供了持续动力,并降低了对单一产品的依赖风险。
投资风险
↓新药研发失败
尽管研发管线丰富,但新药研发本身具有高风险性,任何一个关键项目的失败都可能对公司未来的收入和增长造成重大打击。
↓仿制药竞争
当公司核心产品的专利到期后,将面临来自仿制药的激烈价格竞争,这会显著侵蚀其市场份额和盈利能力。
↓政策与定价压力
全球范围内日益收紧的药品定价政策和医保支付压力,可能限制公司新药的定价能力和市场准入,影响盈利增长。
基准情形
按当前股价 $1,210.38,基准情形的 PE 估值将 LLY 的公允价值定在每股约 $1,485.34。该数值假设 12.1% 的年度盈利增长、43x 的目标 PE 倍数和 10% 的折现率。
内在价值
$1,485.34
安全边际
+18.5%
预期年化收益
+4.2%
基准情形假设:盈利年增长率 12.1%、目标 P/E 倍数 43x、折现率 10%、预测 5 年。数据截至 2026-07-29。
本基准情形采用默认假设,不构成投资建议。当目标 PE 或盈利增长率变化时,公允价值会显著改变。打开计算器可设置你自己的假设,并查看完整的敏感性区间。
Eli Lilly and Company is a prominent global pharmaceutical firm dedicated to the research, development, and commercialization of human medicines across the world. Its therapeutic offerings include a comprehensive suite of diabetes medications. This encompasses various insulin formulations like Basaglar, the Humalog family (e.g., Mix 75/25, U-100, U-200, Mix 50/50), insulin lispro products (including protamine and mix 75/25), and the Humulin line (e.g., 70/30, N, R, U-500). Furthermore, Eli Lilly provides specialized treatments for type 2 diabetes, such as Jardiance, Trajenta, and Trulicity. In oncology, Eli Lilly offers a robust portfolio targeting various cancers. These include Alimta for non-small cell lung cancer (NSCLC) and malignant pleural mesothelioma; Cyramza, indicated for metastatic gastric cancer, gastro-esophageal junction adenocarcinoma, metastatic NSCLC, metastatic colorectal cancer, and hepatocellular carcinoma; Erbitux for colorectal and various head and neck cancers; Retevmo, used in metastatic NSCLC, medullary thyroid, and other thyroid cancers; Tyvyt for relapsed or refractory classic Hodgkin's lymphoma and non-squamous NSCLC; and Verzenio, prescribed for HR+, HER2- metastatic breast cancer, node-positive, and early breast cancer. For autoimmune and inflammatory conditions, the company markets Olumiant for rheumatoid arthritis, and Taltz, which addresses plaque psoriasis, psoriatic arthritis, ankylosing spondylitis, and non-radiographic axial spondyloarthritis. Addressing neurological and pain management needs, Eli Lilly provides Cymbalta for depressive disorder, diabetic peripheral neuropathic pain, generalized anxiety disorder, fibromyalgia, and chronic musculoskeletal pain. Emgality is available for migraine prevention and episodic cluster headaches, while Zyprexa treats schizophrenia, bipolar I disorder, and aids in bipolar maintenance. Other significant products include Bamlanivimab and etesevimab, along with Bebtelovimab, both developed for COVID-19. Cialis is offered for erectile dysfunction and benign prostatic hyperplasia, and Forteo is available for osteoporosis. Eli Lilly actively engages in strategic collaborations with numerous partners, including Incyte Corporation; Boehringer Ingelheim Pharmaceuticals, Inc.; AbCellera Biologics Inc.; Junshi Biosciences; Regor Therapeutics Group; Lycia Therapeutics, Inc.; Kumquat Biosciences Inc.; Entos Pharmaceuticals Inc.; and Foghorn Therapeutics Inc. Established in 1876, Eli Lilly and Company maintains its corporate headquarters in Indianapolis, Indiana.
市盈率(TTM)
42.9x
PEG 比率
0.33
盈利收益率
2.33%
ROE (TTM)
101.3%
Revenue/Share (TTM)
$80.77
股息率
0.53%
Debt/Equity
1.39x
LLY 的过去 12 个月市盈率反映投资者为 Eli Lilly and Company 每一美元收益所支付的价格。该指标在与Drug Manufacturers - General同类公司和公司自身历史区间对比时最有意义。
LLY 的市盈率 42.9x 结合 PEG 比率 0.33 提供了增长调整后的视角。PEG 低于 1.0 表明市盈率相对于盈利增速偏低。注意 PE 估值最适合盈利稳定的成熟公司——对于高增长或周期性Drug Manufacturers - General,DCF 分析可能更合适。
对 Eli Lilly and Company 使用 PE 估值的步骤:(1) 将当前市盈率 (42.9x)与Drug Manufacturers - General中位数对比评估相对定价,(2) 查看 PEG 比率 (0.33)以调整增长预期,(3) 参考 5 年 PE 历史区间判断当前位置,(4) 用目标 PE 乘以前瞻 EPS 估算公允价值。这种相对估值方法与 DCF 的绝对估值互为补充。
LLY 的 PEG 比率为 0.33,由市盈率(42.9x)除以预期盈利增速计算。PEG 低于 1.0 意味着市盈率相对于预期盈利增速偏低。注意 PEG 的准确性取决于增长预期的可靠性。
PE 市盈率给出快速的相对定价——LLY 相对于Drug Manufacturers - General同类的估值水平。DCF 基于预期自由现金流提供绝对价值。对于 LLY,ROE 达到 101.3%,两种方法都值得使用——PE 做市场对比,DCF 验证基本面是否支撑当前价格。两种方法各有盲区:PE 忽略了资本结构和现金流质量,DCF 则对增长率和折现率假设非常敏感。
PE 与 DCF 使用不同的方法和假设为 LLY 估值,因此两者的结论可能不同。可对比 DCF 内在价值。
价格截至 2026-07-29。 财务数据来自 Financial Modeling Prep(过去 12 个月)· 估值方法论由 Charlie Wang 提供。
这是估计值,不构成投资建议。