6785.TWO
Price:
$288
Market Cap:
$19.24B
Alar Pharmaceuticals Inc., a drug development company, focuses on developing long-acting release drug products for CNS disorders and chronic diseases in Taiwan. It is developing ALA-1000, which is in Phase II clinical trials for the treatment of opioid use disorder; ALA-1300 and ALA-2000, which is in pre-clinical stage for opioid use disorder; ALA-4000 which is in pre-clinical stage for treatment of Parkinson's disease; and ALA-3000, which is in pre-clinical stage for treating treatment-resistant depression. Alar Pharmaceuticals Inc. was founded in 2016 and is based in Taichung, Taiwan.
Industry
Drug Manufacturers - Specialty & Generic
IPO Date
2020-10-05
Stock Exchange
TWO
Ticker
6785.TWO
According to Alar Pharmaceuticals Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -654.55. This represents a change of 115.80% compared to the average of -303.32 of the last 4 quarters.
The mean historical PE Ratio of Alar Pharmaceuticals Inc. over the last ten years is 7.77. The current -654.55 PE Ratio has changed -842299.49% with respect to the historical average. Over the past ten years (40 quarters), 6785.TWO's PE Ratio was at its highest in in the September 2023 quarter at 1.30K. The PE Ratio was at its lowest in in the June 2024 quarter at -1244.39.
Average
7.77
Median
-23.05
Minimum
-329.88
Maximum
524.07
Discovering the peaks and valleys of Alar Pharmaceuticals Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.57%
Maximum Annual PE Ratio = 524.07
Minimum Annual Increase = -109.51%
Minimum Annual PE Ratio = -329.88
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 524.07 | 1.57% |
| 2023 | 31.37 | -109.51% |
| 2022 | -329.88 | 712.52% |
| 2021 | -40.60 | 137.07% |
| 2020 | -17.13 | -26.09% |
| 2019 | -23.17 | 1.08% |
| 2018 | -22.93 | -61.51% |
The current PE Ratio of Alar Pharmaceuticals Inc. (6785.TWO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
75.19
5-year avg
33.57
10-year avg
7.77
Alar Pharmaceuticals Inc.’s PE Ratio is less than Grape King Bio Ltd (15.47), less than Handa Pharmaceuticals, Inc. (21.97), less than Synmosa Biopharma Corporation (20.94), less than TTY Biopharm Company Limited (13.25), less than YungShin Global Holding Corporation (15.94), less than Foresee Pharmaceuticals Co., Ltd. (-9.89), less than ScinoPharm Taiwan, Ltd. (71.28), less than TaiMed Biologics Inc. (-79.95), less than EirGenix Inc. (-27.20), less than Great Tree Pharmacy Co., Ltd. (23.16),
| Company | PE Ratio | Market cap |
|---|---|---|
| 15.47 | $18.89B | |
| 21.97 | $15.56B | |
| 20.94 | $16.12B | |
| 13.25 | $20.89B | |
| 15.94 | $15.29B | |
| -9.89 | $12.36B | |
| 71.28 | $13.76B | |
| -79.95 | $17.16B | |
| -27.20 | $19.22B | |
| 23.16 | $14.54B |
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