Incannex Healthcare Limited

Incannex Healthcare Limitedverified

IXHL

Price:

$2.2032

Market Cap:

$34.97M

Incannex Healthcare Limited engages in the research, development, and sale of medicinal cannabinoid products in Australia. It offers pharmaceutical grade cannabinoid products under the Incannex brand name. The company's products include IHL-42X, which is in Phase II clinical trials for obstructive sleep apnea; IHL-216A for traumatic brain injury; and IHL-675A, a combination of hydroxychloroquine and cannabidiol for the prevention and treatment of inflammatory lung conditions, such as acute respiratory distress syndrome, chronic obstructive pulmonary disease, asthma, and bronchitis, as well as rheumatoid arthritis and inflammatory bowel diseases. It has partnership with The Alfred Hospital an...[Read more]

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

2022-03-02

Stock Exchange

NASDAQ

Ticker

IXHL

The PE Ratio as of April 2024 (TTM) for Incannex Healthcare Limited (IXHL) is -2.50

According to Incannex Healthcare Limited’s latest financial reports and current stock price. The company's current PE Ratio is -2.50. This represents a change of -96.43% compared to the average of -70.10 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 -194.17. The current -2.50 PE Ratio has changed 28.75% with respect to the historical average. Over the past ten years (40 quarters), IXHL's PE Ratio was at its highest in in the September 2019 quarter at 0. The PE Ratio was at its lowest in in the September 2023 quarter at -241.25.

Quarterly (TTM)
Annual

Average

-194.17

Median

-9.39

Minimum

-1140.13

Maximum

0

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 = 0%

Maximum Annual PE Ratio = 0

Minimum Annual Increase = 0%

Minimum Annual PE Ratio = -1140.13

Quarterly (TTM)
Annual
YearPE RatioChange
202300%
20220-100.00%
2021-569.30-50.07%
2020-1140.13710.82%
2019-140.61102.11%
2016-69.57368.59%
2015-14.85752.12%
2014-1.748.59%
2013-1.60-59.11%
2012-3.92149.06%

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

-189.77

5-year avg

-370.01

10-year avg

-194.17

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 Delta 9 Cannabis Inc. (-0.30), less than RAMM Pharma Corp. (0), less than City View Green Holdings Inc. (-0.46), less than Craftport Cannabis Corp. (-0.00), less than Speakeasy Cannabis Club Ltd. (-0.00), less than Eagle Pharmaceuticals, Inc. (2.99), less than ANI Pharmaceuticals, Inc. (65.23), less than Phibro Animal Health Corporation (33.77), greater than Deciphera Pharmaceuticals, Inc. (-6.24), greater than Prestige Consumer Healthcare Inc. (-42.86), less than Collegium Pharmaceutical, Inc. (23.69), less than Silver Spike Investment Corp. (12.75), greater than Regencell Bioscience Holdings Limited (-11.86), less than Procaps Group S.A. (5.35), greater than Sihuan Pharmaceutical Holdings Group Ltd. (-68.94),

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