Incannex Healthcare Limited

Incannex Healthcare Limited - PE Ratioverified

IXHL

Price:

$3.56

Market Cap:

$42.59M

Incannex Healthcare Limited is an Australian company dedicated to the research, development, and commercialization of medicinal cannabinoid products. The firm offers pharmaceutical-grade cannabinoid compounds under its proprietary Incannex brand. Its product pipeline includes several key assets: IHL-42X: This compound is currently undergoing Phase II clinical evaluation for the treatment of obstructive sleep apnea (OSA). Incannex partners with The Alfred Hospital and Novotech on this specific clinical program. IHL-216A: Designed to address traumatic brain injury (TBI). Furthermore, the Monash Trauma Group, part of Monash University's Department of Neuroscience, is conducting a study on IHL-2...[Read more]

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

2022-03-02

Stock Exchange

NASDAQ

Ticker

IXHL

The PE Ratio as of June 2026 (TTM) for Incannex Healthcare Limited (IXHL) is -0.21

According to Incannex Healthcare Limited’s latest financial reports and current stock price. The company's current PE Ratio is -0.21. This represents a change of -95.18% compared to the average of -4.35 of the last 4 quarters.

Incannex Healthcare Limited (IXHL) Historical PE Ratio (quarterly & annually)

How has IXHL PE Ratio performed in the past?

The mean historical PE Ratio of Incannex Healthcare Limited over the last ten years is -321.21. The current -0.21 PE Ratio has changed -93.46% with respect to the historical average. Over the past ten years (40 quarters), IXHL's PE Ratio was at its highest in in the June 2019 quarter at 1.00K. The PE Ratio was at its lowest in in the March 2019 quarter at -1127.27.

Quarterly (TTM)
Annual

Average

-321.21

Median

-248.72

Minimum

-937.10

Maximum

-0.16

Incannex Healthcare Limited (IXHL) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Incannex Healthcare Limited 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 = 1.21%

Maximum Annual PE Ratio = -0.16

Minimum Annual Increase = -99.39%

Minimum Annual PE Ratio = -937.10

Quarterly (TTM)
Annual
YearPE RatioChange
2025-0.16-99.39%
2024-25.88347.02%
2023-5.79-94.79%
2022-111.08-73.86%
2021-425.00-54.65%
2020-937.108.23%
2019-865.84124.10%
2018-386.361.21%
2017-29.59-93.04%
2016-425.28403.58%

Incannex Healthcare Limited (IXHL) Average PE Ratio

How has IXHL PE Ratio performed in the past?

The current PE Ratio of Incannex Healthcare Limited (IXHL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-10.61

5-year avg

-113.58

10-year avg

-321.21

Incannex Healthcare Limited (IXHL) PE Ratio vs. Peers

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

Incannex Healthcare Limited’s PE Ratio is less than Zhengye Biotechnology Holding Limited (0), less than Sharps Technology, Inc. (1.30), less than Agenus Inc. (1.73), greater than Lucid Diagnostics Inc. (-2.32), less than Scilex Holding Company (-0.19), greater than Cognition Therapeutics, Inc. (-5.53), greater than Seer, Inc. (-1.40), greater than China SXT Pharmaceuticals, Inc. (-2.18), greater than Opus Genetics, Inc. (-3.11), greater than Turn Therapeutics Inc. (-32.31),

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