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Income Statement All Numbers In Thousands Revenue 12 31 2017 12 31 2016 12 31 20

6) Ligand Pharmaceuticals (LGND) has a P/E ratio of 45 while Pfizer (PFE) has a P/E ratio of 14.5.

Ligand

Pfizer

Based on the above financials, why are the P/E ratios so different?

  • Attachment 1
  • Attachment 2

Income StatementAll numbers in thousandsRevenue12/31/201712/31/201612/31/201512/31/2014Total Revenue141,102108,97371,91464,538Cost of Revenue32,25326,79216,81218,883Gross Profit108,84982,18155,10245,655

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