Liquidia Corp (LQDA) valuation
Liquidia P/E ratio history
Liquidia trades at 32.2 times its earnings over the last twelve months and 21.4 times the earnings analysts expect over the next twelve.
| Fiscal year ended | Price | EPS | P/E |
|---|---|---|---|
| Dec 31, 2025 | $34.49 | -$0.80 | n/m |
| Dec 31, 2024 | $11.76 | -$1.63 | n/m |
| Dec 31, 2023 | $12.03 | -$1.21 | n/m |
| Dec 31, 2022 | $6.37 | -$0.67 | n/m |
| Dec 31, 2021 | $4.87 | -$0.70 | n/m |
| Dec 31, 2020 | $2.95 | -$1.79 | n/m |
| Dec 31, 2019 | $4.28 | -$2.62 | n/m |
| Dec 31, 2018 | $21.66 | — | n/m |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Liquidia valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| LiquidiaLQDA | $4.01B | 32.2 | 21.4 | 8.9 |
| Arcutis BiotherapeuticsARQT | $4.01B | 145.8 | 36.4 | 8.6 |
| VeracyteVCYT | $3.99B | 35.7 | 26.0 | 7.1 |
| Definium TherapeuticsDFTX | $3.96B | — | — | — |
| IrhythmIRTC | $4.05B | — | 137.3 | 4.9 |
| Icu MedicalICUI | $4.09B | 137.6 | 17.8 | 1.9 |
| CorvelCRVL | $4.17B | 36.5 | — | 4.2 |
| Indivior PharmaceuticalsINDV | $4.17B | 9.9 | 7.9 | 3.0 |
| Edgewise TherapeuticsEWTX | $4.18B | — | — | — |
| Peer median | 36.5 | 26.0 | 4.6 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: LQDA financials · LQDA returns
No forecast, no recommendation. This page describes Liquidia Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.