Forte Biosciences, Inc.

Forte Biosciences, Inc.verified

FBRX

Price:

$25.44

Market Cap:

$37.19M

Forte Biosciences, Inc. operates as a clinical-stage biopharmaceutical company in the United States. It is developing FB-102 program that addresses various autoimmune diseases, such as vitiligo and alopecia areata. The company is headquartered in Dallas, Texas.[Read more]

Industry

Biotechnology

IPO Date

2017-04-13

Stock Exchange

NASDAQ

Ticker

FBRX

The PE Ratio as of December 2024 (TTM) for Forte Biosciences, Inc. (FBRX) is -1.55

According to Forte Biosciences, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -1.55. This represents a change of 94.93% compared to the average of -0.80 of the last 4 quarters.

Forte Biosciences, Inc. (FBRX) Historical PE Ratio (quarterly & annually)

How has FBRX PE Ratio performed in the past?

The mean historical PE Ratio of Forte Biosciences, Inc. over the last ten years is -3.94. The current -1.55 PE Ratio has changed 3.84% with respect to the historical average. Over the past ten years (40 quarters), FBRX's PE Ratio was at its highest in in the September 2018 quarter at 29.83. The PE Ratio was at its lowest in in the June 2019 quarter at -60.22.

Quarterly (TTM)
Annual

Average

-3.94

Median

-3.41

Minimum

-9.85

Maximum

-0.82

Forte Biosciences, Inc. (FBRX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Forte 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 = 23.27%

Maximum Annual PE Ratio = -0.82

Minimum Annual Increase = -59.64%

Minimum Annual PE Ratio = -9.85

Quarterly (TTM)
Annual
YearPE RatioChange
2023-0.82-34.29%
2022-1.25-8.93%
2021-1.38-59.64%
2020-3.41-17.74%
2019-4.1523.27%
2018-3.36-12.53%
2017-3.85-47.71%
2016-7.35-25.31%

Forte Biosciences, Inc. (FBRX) Average PE Ratio

How has FBRX PE Ratio performed in the past?

The current PE Ratio of Forte Biosciences, Inc. (FBRX) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-1.15

5-year avg

-2.20

10-year avg

-3.94

Forte Biosciences, Inc. (FBRX) PE Ratio vs. Peers

How is FBRX’s PE Ratio compared to its peers?

Forte Biosciences, Inc.’s PE Ratio is less than Indaptus Therapeutics, Inc. (-0.64), greater than Rezolute, Inc. (-5.05), less than Tempest Therapeutics, Inc. (-0.66), less than Comera Life Sciences Holdings, Inc. (-0.00), less than ABVC BioPharma, Inc. (-0.75), less than Pasithea Therapeutics Corp. (-0.00), less than Better Therapeutics, Inc. (-0.00), greater than ZIVO Bioscience, Inc. (-4.84), greater than Theseus Pharmaceuticals, Inc. (-6.29), greater than Erasca, Inc. (-5.29), less than Applied Molecular Transport Inc. (-0.43), less than Werewolf Therapeutics, Inc. (-1.30), greater than Edgewise Therapeutics, Inc. (-22.82), greater than Decibel Therapeutics, Inc. (-1.95), greater than Celcuity Inc. (-5.84), greater than C4 Therapeutics, Inc. (-2.77),

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