Alcon Inc. Ordinary Shares (ALC) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
Alcon is one of the leading visioncare companies in the world. Following nine years as a Novartis subsidiary, it was spun off as a public company in April 2019. Alcon operates in two segments: visi...
Alcon Inc. Ordinary Shares (ALC) currently trades at a P/E ratio of 32.64 (historical range: 30.59–125.45, median: 47.21), placing it at the 3th percentile — cheap relative to its history, P/S ratio of 3.08 (range: 2.88–5.27, 3th percentile — cheap relative to its history), EV/EBITDA of 28.13 (range: 26.55–58.03, 3th percentile).
Over the historical period (2021-09-13 to 2026-10-16), Alcon Inc. Ordinary Shares's P/E ratio has contracted by 58% over the observed period (from an average of 96.9 to 40.6).
Alcon Inc. Ordinary Shares trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 32.64 | 47.21 | 3th | cheap relative to its history |
| P/S Ratio | 3.08 | 4.25 | 3th | cheap relative to its history |
| EV/EBITDA | 28.13 | 42.75 | 3th | cheap relative to its history |
| FCF Yield | 5.44% | 3.49% | 97th | cheap relative to its history |
Alcon Inc. Ordinary Shares (ALC) Valuation & P/E History
Alcon Inc. Ordinary Shares (ALC) is a US-listed stock operating in the Healthcare sector currently trading at $66.28 with a market capitalization of $32.0 billion. This page provides historical valuation analysis for ALC based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 32.64 is below the historical median of 47.21, placing ALC at the 3th percentile of its valuation range. The P/S ratio of 3.08 compares to a median of 4.25.
ALC Valuation Metrics & Historical Range
The valuation table above shows Alcon Inc. Ordinary Shares's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether ALC is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests ALC is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Alcon Inc. Ordinary Shares.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is ALC Overvalued or Undervalued?
Alcon Inc. Ordinary Shares trades well below its historical valuation range across most metrics. The overall valuation percentile of 3 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive ALC is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full ALC analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.ALC trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.