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← CockpitCompetitor Analysis › RIGL Rigel Pharmaceuticals, Inc.Open in the cockpit ↗

Rigel Pharmaceuticals, Inc.RIGLCompetitor analysis, valuation and peers

United States · USD·Health Care›Pharmaceuticals: Major
Momentum strong 74
Mkt cap
$741M
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$11.4M
20-day average traded
Fwd P/E
11.9×
forward earnings
ROIC−WACC
+7.7 pp
WACC 10.9%
Hurdle
-23 pp
Req g minus delivered
Next earnings
123 days
9 Mar 2027
Close · USD$39.65
1D-13.3%
1W-22.7%
1M-18.6%
3M-4.8%
6M+52.3%
YTD-7.4%
1Y+4.8%
ATR %6.8%
Beta0.96
52w lowhigh24.6% off high

What Rigel Pharmaceuticals does

Employees: 174

Rigel Pharmaceuticals at a glance

Size Rigel Pharmaceuticals (RIGL) is a United States Health Care company (Pharmaceuticals: Major) with a market value of $741M, the 2443rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $39.65 on 6 Nov 2026.

Performance Over six months the shares gained 52.3%, against -18.1% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 20 in its peer set.

Growth Revenue grew 3.3% over the last twelve months (peer median +5.9%); the operating margin is 31.4% (peer median 11.0%).

Valuation It trades at 11.9× forward earnings against a peer median of 17.8× (5th cheapest of 12).

Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +22%, so the hurdle is -23 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 7.7 points above its cost of capital (10.9% WACC).

Short interest Short interest is 14.6% of the free float (15 Oct 2026).

Next results Next results expected around 9 Mar 2027 (exchange calendar; dates can move).

Relative performance

10015020011 May 202611 Aug 20266 Nov 2026RIGL 151Peer median 82
Six months, rebased to 100: Rigel Pharmaceuticals against the median of its 20 peers (local-currency closes).

Rigel Pharmaceuticals financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$277M$294M$179M$117M$120M
Revenue growth—+64%+53%-3%—
Gross profit$253M$275M$161M$110M$118M
EBITDA$89.7M$128M$26.4M-$19.3M-$53.2M
Net income$322M$367M$17.5M-$25.1M-$58.6M
Free cash flow$79.4M$75.7M$31.4M-$5.74M-$74.2M
Capital expenditure$70.3M$0$396,000$15.0M$450,000
Total debt$40.0M$53.3M$60.0M$60.6M$41.6M

Quarterly statements and history in the cockpit →

Rigel Pharmaceuticals competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-20%0%688488600829CGEMIRWDABUSARDX3010960570600351000566086450688658603567BLISSGVS600479COLLPHILRIGL6-month return →1-month return →
Up and to the right = strong over both horizons. Rigel Pharmaceuticals is the large dot.

Fundamentals: revenue growth against valuation

-100%0%+100%+200%+300%0×100×200×688488IRWDARDX301096086450688658688566603567PHILRIGLRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Rigel Pharmaceuticals is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%688488600829600351086450688566603567BLISSGVS600479COLL300705RIGLGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Rigel Pharmaceuticals is the large dot.

Rigel Pharmaceuticals competitors and peer comparison

How Rigel Pharmaceuticals compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Rigel Pharmaceuticals against its 20 peers (data as of 6 Nov 2026)
MeasureRIGLPeer medianRank in peer set
1-month return-18.6%-5.5%3rd lowest of 20
6-month return+52.3%-18.1%2nd highest of 20
Distance from 52-week high-24.6%-43.3%5th highest of 20
Revenue growth (TTM)+3.3%+5.9%7th lowest of 19
Operating margin31.4%11.0%4th highest of 18
Forward P/E11.9×17.8×5th cheapest of 12
Growth the price implies (Req g, 7 yrs)-1.1%1.9%5th least demanding of 11
Growth delivered (Del g)+22.1%+10.4%2nd highest of 11
Hurdle (Req g minus delivered)-23.2 pp-0.9 pp3rd least demanding of 11
ROIC minus cost of capital+7.7 pp+1.3 pp4th highest of 17
EV / EBITDA7.6×4.5×4th most expensive of 9
Net debt / EBITDA-0.6×-0.8×5th least indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Rigel Pharmaceuticals RIGLUnited States$741M+52%+3%31%11.9×-1.1%+22.1%
Jiangsu Aidea Pharmaceutical 688488.SSChina$743M-32%+7%8%123.9×33.8%+19.8%
HPGC Renmintongtai Pharmaceutical 600829.SSChina$753M-11%+4%2%n/a4.9%+5.3%
Cullinan Therapeutics CGEMUnited States$728M-22%n/an/an/an/an/a
Ironwood Pharmaceuticals IRWDUnited States$725M+4%+26%61%3.3×n/an/a
Arbutus Biopharma ABUSUnited States$724M-16%+1,079%81%n/an/an/a
Ardelyx ARDXUnited States$724M-58%+18%-8%225.1×n/an/a
Hangzhou Bio-Sincerity Pharma-Tech 301096.SZChina$716M-24%+5%-30%64.3×n/an/a
China Traditional Chinese Medicine 0570.HKHong Kong$771M-29%-16%0%n/an/an/a
Yabao Pharmaceutical 600351.SSChina$711M-3%-3%16%n/a-7.5%-2.8%
Hainan Haiyao 000566.SZChina$710M-19%-18%-50%n/an/an/a
DongKook Pharmaceutical 086450.KSSouth Korea$776M-1%+13%10%12.4×-6.3%+10.6%
Youcare Pharmaceutical 688658.SSChina$776M-41%-7%-13%28.8×n/an/a
Jiangsu Jibeier Pharmaceutical 688566.SSChina$777M-8%+9%24%11.9×11.5%+11.3%
HeiLongJiang ZBD Pharmaceutical 603567.SSChina$705M-29%-82%n/a6.3×10.5%-25.1%
Bambusa Therapeutics BBTXUnited States$783Mn/an/an/an/an/an/a
Bliss GVS Pharma BLISSGVS.NSIndia$698M+126%+21%15%n/a37.0%+10.1%
Zhuzhou Qianjin Pharmaceutical 600479.SSChina$787M-3%+4%11%n/a-1.4%0.0%
Collegium Pharmaceutical COLLUnited States$788M-36%+14%20%3.4×-7.0%+20.3%
Hunan Jiudian Pharmaceutical 300705.SZChina$789M-18%-5%13%17.8×-1.1%+26.1%
Philogen PHIL.MIItaly$694M-7%+295%79%32.5×n/an/a

Questions

Which companies are Rigel Pharmaceuticals's closest peers?
The cockpit's peer set: Jiangsu Aidea Pharmaceutical (688488.SS), HPGC Renmintongtai Pharmaceutical (600829.SS), Cullinan Therapeutics (CGEM), Ironwood Pharmaceuticals (IRWD), Arbutus Biopharma (ABUS), Ardelyx (ARDX), Hangzhou Bio-Sincerity Pharma-Tech (301096.SZ), China Traditional Chinese Medicine (0570.HK).
Is Rigel Pharmaceuticals expensive compared with its peers?
On forward p/e it trades at 11.9× against a peer median of 17.8×, 5th cheapest of 12 in its peer set. For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +22%, so the hurdle is -23 pp: the price already allows for a slowdown.
How has Rigel Pharmaceuticals stock performed?
Over six months to 6 Nov 2026 the shares returned +52.3% against -18.1% for the median peer; over one year +4.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.