DRUG
Price:
$60.95
Market Cap:
$661.28M
Bright Minds Biosciences Inc. is a preclinical biotechnology firm dedicated to creating serotonin-based therapies. Its primary goal is to enhance the well-being of individuals suffering from severe and life-altering conditions. The company's development pipeline includes selective agonists for the 5-HT2C, 5-HT2A, and combined 5-HT2C/A serotonin receptors, which are being explored for potential treatments in epilepsy, pain management, and neuropsychiatric disorders. Bright Minds maintains strategic collaborations with the National Institutes of Health (NIH) for epilepsy research, the University of Texas Medical Branch (UTMB) for impulse control disorders like binge eating, and the Medical Col...[Read more]
Industry
Biotechnology
IPO Date
2021-03-22
Stock Exchange
NASDAQ
Ticker
DRUG
According to Bright Minds Biosciences Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -24.88. This represents a change of -0.91% compared to the average of -25.11 of the last 4 quarters.
The mean historical PE Ratio of Bright Minds Biosciences Inc. over the last ten years is -124.27. The current -24.88 PE Ratio has changed 1.90% with respect to the historical average. Over the past ten years (40 quarters), DRUG's PE Ratio was at its highest in in the December 2024 quarter at 1.60K. The PE Ratio was at its lowest in in the March 2020 quarter at -2014.41.
Average
-124.27
Median
-9.53
Minimum
-695.53
Maximum
-1.08
Discovering the peaks and valleys of Bright Minds Biosciences 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 = 2.00%
Maximum Annual PE Ratio = -1.08
Minimum Annual Increase = -91.54%
Minimum Annual PE Ratio = -695.53
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | -47.46 | 2.00% |
| 2024 | -2.26 | 108.49% |
| 2023 | -1.08 | -21.55% |
| 2022 | -1.38 | -85.49% |
| 2021 | -9.53 | -91.54% |
| 2020 | -112.67 | -83.80% |
The current PE Ratio of Bright Minds Biosciences Inc. (DRUG) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
-16.94
5-year avg
-12.34
10-year avg
-124.27
Bright Minds Biosciences Inc.’s PE Ratio is less than LB Pharmaceuticals Inc Common Stock (-20.49), less than Design Therapeutics, Inc. (-9.67), less than Aura Biosciences, Inc. (-3.85), less than enGene Holdings Inc. (-0.89), less than DiaMedica Therapeutics Inc. (-8.66), greater than I-Mab (-25.42), less than Altimmune, Inc. (-3.57), less than Annexon, Inc. (-4.66), less than Galectin Therapeutics Inc. (-6.69), less than Korro Bio, Inc. (-1.19),
| Company | PE Ratio | Market cap |
|---|---|---|
| -20.49 | $814.99M | |
| -9.67 | $685.15M | |
| -3.85 | $411.52M | |
| -0.89 | $82.94M | |
| -8.66 | $304.44M | |
| -25.42 | $542.01M | |
| -3.57 | $230.35M | |
| -4.66 | $563.29M | |
| -6.69 | $175.84M | |
| -1.19 | $115.56M |
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